The Lao Government has signed a Memorandum of Understanding (MoU) with Carbon Credit Laos (CCL) and Carbon Registry Thailand (CRT) on cooperation in using satellite technology to calculate carbon credits.

Vietnam has received a 51.5-million-USD payment for verified emissions reductions (carbon credits) for reducing deforestation and forest degradation (commonly known as REDD+) and for enhancing carbon stored in forests through reforestation and afforestation.

The Mekong Delta province of Soc Trang will carry out an action programme for sustainable forest management in its three coastal districts under the project “Reducing Emissions from Deforestation and Forest Degradation” (REDD+).

The World Bank (WB)’s Carbon Finance Unit approved a resolution on supporting the Reducing Emissions from Deforestation and Forest Degradation (REDD+) programme in central Vietnam in line with the results-based payments at a meeting in Paris on February 1.

MARD announced the National REDD+ Action Programme, which aims to increase forest cover to 45 percent of national territory and contribute to an 8 percent reduction of greenhouse gas emissions by 2030

Binh Thuan province on July 26 announced an action plan in realisation of the “Reducing Emissions from Deforestation and Forest Degradation” (REDD+) initiative for the 2016-2020 period.