These international companies are seeking to purchase significant volumes of credits generated from carbon sequestration and storage projects in Việt Nam''s natural forests.
Việt Nam has the potential to cultivate seaweed on one million hectares, providing resources for multiple industries and income from carbon credit sales.
The World Bank would raise $40 million between 2023-2024 and $60 million between 2025-2026 to pay for the carbon credits generated by the one million hectares of low-carbon high-quality rice paddies in the Mekong Delta.