Asia and the Pacific Project

Vietnam

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Impact Assessment of EU’s Carbon Border Adjustment Mechanism in Vietnam

The study aims to evaluate the effects of the Carbon Border Adjustment Mechanism (CBAM) on various aspects of Vietnam’s economy, such as export products, energy transition, and the implementation of Nationally Determined Contributions (NDCs). It also seeks to analyze how CBAM impacts the establishment of a domestic carbon market and the design of a carbon tax system in Vietnam. Based on the findings, the study will provide recommendations to minimize negative impacts and develop a roadmap for the application of a carbon tax system in Vietnam.

Implementing Partners

Green CIC

In partnership with

  • Department of Climate Change (DCC)
  • Ministry of Natural Resources and Environment of Vietnam

Strategic Outcome

Strategic Outcome 1: Policy Alignment With Climate Commitments