QUANG TRI: Vietnam’s central province of Quang Tri is mobilising resources and focusing on solutions to reduce greenhouse gas emissions through natural forest protection and afforestation, according to Vietnam News Agency (VNA).
Quang Tri is one of the six provinces in the north central region piloting the trading of carbon credits, and the financial management of payment agreements to reduce greenhouse gas emissions in accordance with a government decree in 2022.
The province currently has five natural forests managed by local communities that are certified for sustainable forest development and management by the Forest Stewardship Council (FSC). These forests offer ecosystem services in terms of carbon absorption and storage in a total area of 2,145 hectares, providing carbon absorption of 7,000 tonnes a year and storage of about 350,000 tonnes.
During 2023-2025 period, the province earned VND51 billion (US$2 million) from forest carbon absorption and storage services, thanks to its engagement in reducin
g emissions through forest protection. The money is used to pay for forest management and protection, and afforestation. The province has allocated about 20,000 hectares out of over 126,000 hectares of natural forests to more than 100 communities and nearly 1,000 households to manage and protect.
On 19th March, the provincial People’s Committee approved a project on conserving, restoring and improving ecosystem services of carbon absorption and storage of community-managed natural forests. The project will be implemented in the mountainous area in the north of Huong Hoa district by February 2028.
Source: Emirates News Agency
