|
| Regulated market | Voluntary carbon market | ||
| Cap-and-trade | Carbon offset | Cap-and-trade | Carbon offset | |
| Supporting policies |
| |||
| International policies | 5 (EU ETS) | 2 (no clear provision on carbon offset in Paris Agreement) | 0 | 0 |
| National policies | 0 (no cap-and-trade in Vietnam at present) | 4 (existing legal basis for CDM; MRV needs being further developed) | 0 | 0 |
| Vietnam’s mitigation potential | 4 | 2 | 4 | 2 |
| (only carbon credits exceed the national mitigation target will be sold to the international market) | ||||
| Vietnam’s current experience in carbon market | 0 (no cap-and-trade in Vietnam at present) | 4 (CDM) | 0 (no cap-and-trade in Vietnam at present) | 3 (REDD, JCM) |
| Total | 9 | 12 | 4 | 5 |