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Final workshop Development of pilot carbon credit projects in the transportation sector, creating financial incentives to promote low carbon transportation solutions

Within the project, UNDP collaborated with electric motorcycle manufacturer Selex Motor to pilot a carbon credit project for electric motorcycles in Vietnam and complete the international verification process by the Gold Standard. This pioneering effort explores the feasibility of using carbon credits to support the transition to low-carbon transportation in Viet Nam. The pilot project aims to contribute to reducing greenhouse gas emissions in the context of the transportation sector, which is projected to experience a significant increase in emissions in the coming years without the implementation of appropriate mitigation measures.

At the workshop, UNDP and partners presented the project's outstanding achievements, including Supporting the establishment of a project development framework for carbon credit for electric vehicles, Promoting the development of low-carbon transportation through climate finance, Strengthening capacities, and raising awareness among the community with over 200 people participating in training programs and workshops on the carbon market and low-carbon transport solutions.

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