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COMMENTS AND CONSIDERATIONS REGARDING DECREE 107/2022/NĐ-CP

  • "Given the current increasing CO₂ level (423 PPM ), enterprises must offset their emissions by investing in trees. Farmers, as tree owners, voluntarily nurture their trees because they bring them monetary benefits. The taller the trees grow, the more money they must be invested. This arrangement is mutually beneficial, bringing satisfaction to farmers, businesses, independent arbitrators, and the government alike.
     
    With the government's promulgation and implementation of transparent and equitable management policies in parallel with tax obligations tailored to each type of forest owner and enterprise, and in close collaboration with independent carbon finance arbitrators using WebGIS technology, the co-management strategy for natural forests will become a driving force, an effective solution, and a goal for a safe and sustainable economy, ensuring transparency and equality among all stakeholders in the market-based economy. By fostering a partnership among farmers as tree owners, enterprises as emitters, the government as regulator, and independent arbitrators as digital/WebGIS-based supervisors and controllers, the Vietnam's Netzero 2050 commitment will be realistic and achievable". 
     
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