Selex smart electric vehicle project successfully submit for registration under Gold Standard

The United Nations Development Programme (UNDP), in collaboration with Selex Motor, a leading Viet Namese electric motorbikes manufacturer, has launched a pilot carbon credit project for electric motorbikes. The project has successfully undergone international validation and has submitted the request for registration under the Gold Standard. This is the world's first carbon credit initiative for two-wheeled electric vehicles.

Project team

The project represents a pioneering effort to explore the potential of leveraging carbon credits to support Viet Nam 's transition to low-emission transportation. It aims to contribute to reducing greenhouse gas (GHG) emissions amidst projections of significant increases in emissions from the transportation sector in the coming years without adequate mitigation measures.

On April 15, 2026, in Da Nang, the Department of Climate Change (Ministry of Agriculture and Environment), in collaboration with the United Nations Development Programme (UNDP) and PoA Carbon Vietnam Joint Stock Company, organized a workshop titled “Strengthening Capacity for Participation in Vietnam’s Carbon Market”. The event brought together representatives from government agencies, experts, and the business community in Central Vietnam - key stakeholders in the pilot phase of the carbon market for 2025-2026.

Recently, PoA Carbon Vietnam Joint Stock Company (PoA Carbon) was honored to be selected by the United Nations Development Programme (UNDP) in Vietnam as the consulting unit to conduct a study assessing the compliance level of Vietnam’s aviation sector with the regulations of CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation). This marks an important milestone, affirming PoA Carbon’s expertise and position in the field of climate change mitigation and greenhouse gas emission reduction in Vietnam. Within the project framework, PoA Carbon will collaborate with international and domestic experts to carry out a series of in-depth research and consultancy activities, including: a comprehensive assessment of CORSIA’s impact on Vietnam’s aviation sector; analysis of compliance options, focusing on the use of domestic carbon credits; and review of the potential for domestic carbon credits and emission reduction outcomes to meet CORSIA requirements. Based on these findings, PoA Carbon will provide policy and legal recommendations and propose an effective compliance roadmap for Vietnam’s participation in the CORSIA mechanism. Additionally, PoA Carbon will coordinate technical workshops, stakeholder consultations, and consolidate feedback to finalize the project deliverables. The project is expected to last three months, from June to the end of August 2025. With a highly experienced team and extensive expertise, PoA Carbon is committed to delivering comprehensive, practical solutions tailored to the domestic context, contributing to advancing Vietnam’s green transition and carbon market development. For consulting on carbon credit project development, please contact PoA Carbon Email: office@poacarbon.vn Phone: +84 856 357 968

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Selex smart electric vehicle project successfully submit for registration under Gold Standard

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