The Carbon Fund of the Forest Carbon Partnership Facility (FCPF) held the 4th meeting in June 24 and 25, 2012 at Santa Marta, Columbia. The objective of this meeting is to show ideas of the member countries in emission reduction programs, criteria to select Emission Reduction Program Idea Notes (ER-PIN) for pipeline and processing steps from ER-PIN to Emission Reduction Payment Agreement (ERPA).
Vietnam, one of the five countries getting supports from the Carbon Fund, has the country’s initial ideas on emission reduction in REDD+ programs at the meeting. As one of the countries identified to be the most affected by the climate change in the world, Vietnam is willing to together with the international community to take effort to protect the global climate system. Having issued a number of policies such as the National Climate Change Strategy, the National REDD+ Action Programme and the on-going prepared National Green Growth Strategy, the government of Vietnam is showing its high determination in dealing with climate change problems, especially the adaptation and mitigation. Vietnam also holds its ambition of reducing emissions in all economic sectors to support the low-carbon and green growth, the food and energy security, and sustainable development. It is expected to reduce 20% Green House Gas (GHG) emissions in the agricultural sector and 19 million tons of CO2-eq in deforestation and forest degradation in every decade.
To support the successful implementation of REDD+ Emission Reduction Programs, apart from the existing key policies, the country needs to stipulate some supporting policies such as National Program on GHG Emission Reduction in Agricultural and Rural Development Sector and National Action Plan on Forest Protection and Development for the period 2011-2020.
Further details of the presentations of Vietnam and other countries as well as relevant documents of the 4th Carbon Fund meeting are available on the FCPF's website.