Milestone Achieved: Selex Smart EV Project Registered under Gold Standard

On March 20, 2025, Selex Smart Electric Vehicle Project, developed by the United Nations Development Programme (UNDP) in collaboration with Selex Motors and PoA Carbon, was successfully registered under the Gold Standard. This is a pioneering initiative, marking the world's first Gold Standard carbon credit project for two-wheeled electric motorbikes.
This initiative is part of UNDP's efforts to support Vietnam in achieving its climate commitments under the Paris Agreement and the goal of net zero emissions by 2050. PoA Carbon, with a team of highly qualified and experienced experts, was selected as the project development consultant, supporting and accompanying UNDP and Selex Motors in developing this project. After a rigorous validation and assessment process, the project earns Gold Standard’s Certified Design status, one of the most premium international carbon credit standards.

The Selex Smart Electric Vehicle Project is being implemented in Hanoi and Ho Chi Minh City with the goal of deploying 90,000 electric vehicles in the period from 2024 to 2028, estimated to generate an average of about 40,000 carbon credits per year. The project replaces gasoline-powered motorbikes with electric ones, contributing to reducing greenhouse gas emissions and contributing to sustainable development goals. With the smart monitoring system equipped on the vehicles, Selex ensures compliance with technical parameters according to the approved methodology, helping to improve operational efficiency and ensuring the accuracy and transparency of carbon credits.
The successful registration of the Selex Smart Electric Vehicle Project is a testament to the potential of carbon credit projects in low-carbon transportation, and is a driving force to expand similar initiatives in the future, contributing to sustainable development goals and mitigating the impacts of climate change.
More information about the project can be found here.
For consultation on developing a carbon credit project, contact PoA Carbon
Email: office@poacarbon.vn
Tel: +84 856 357 968

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Milestone Achieved: Selex Smart EV Project Registered under Gold Standard

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