June 24, 2025
Author: Dr. Dao Gia Phuc, Managing Director, Institute of International and Comparative Law, University of Economics and Law, Vietnam National University Ho Chi Minh City, Viet Nam.
Published in: IOP Conference Series: Earth and Environmental Science, Volume 1511 (2024)
In the face of growing climate obligations and the pursuit of sustainable development, carbon pricing is increasingly seen as a strategic tool for Vietnam. In his newly published article titled “Carbon Pricing Trends and Policy Options for Vietnam”, Dr. Dao Gia Phuc examines global carbon pricing mechanisms and assesses the policy and legal landscape in which Vietnam might shape its own framework.
Abstract:
The development of carbon markets and mechanisms has demonstrated a major effort to combat climate change in countries around the world. Recently, many countries have consistently adopted innovative carbon pricing mechanisms to successfully meet their commitments under the Paris Agreement. The concept of carbon pricing is being examined from a wider perspective, encompassing its role not just as a crucial policy for mitigating climate change but also as a means to generate money, stimulate innovation, and contribute to the achievement of larger sustainability and development objectives. This article investigates the current trend of carbon pricing and then identifies opportunities and challenges of such mechanism to combat climate change. Thereby undertaking a comprehensive examination of the diverse carbon pricing initiatives implemented by the global community and drawing implications for policies and laws in Viet Nam.
Read the full article here.
This post is part of our academic spotlight series featuring scholarly contributions to Vietnam’s climate governance and environmental legal reform. We invite readers to explore the full text and reflect on the implications for future regulatory frameworks and sustainable policy design.
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