cover image: Concept Environmental and Social Review Summary (ESRS) - Vietnam Partnership for Market Implementation - P178165 (English)

20.500.12592/tz1zbf

Concept Environmental and Social Review Summary (ESRS) - Vietnam Partnership for Market Implementation - P178165 (English)

21 Jan 2022

The project will help: Jan 21, 2022 Page 2 of 10 Public Disclosure The World Bank Vietnam Partnership for Market Implementation (P178165) Develop the domestic carbon market, including trading of GHG emissions allowances and carbon credits from appropriate domestic and international crediting and offsetting mechanisms under the provisions of laws and international treaties to which Vietnam is a mem [...] It will carry out the implementation support for the NCP and DETS based on the outputs of the assessment of the CPI options feasible in Vietnam, legal, institutional, and administrative gap analysis for the CPI implementation, study on the applicability of the CPI to the target sectors (the iron and steel sector, and solid waste management sector). [...] However, while many potential positive impacts are foressen, the identification and piloting of potential low carbon technologies and investment opportunities by the enterprises and business in the downstream as outputs of this TA, may bring moderate to significant environmental implications depending on the type of industries, scale of investment, and target sectors (such as the iron and steel se [...] General Assessment ESS1 Assessment and Management of Environmental and Social Risks and Impacts Overview of the relevance of the Standard for the Project: Discussion with the project’s Task Team on lessons learned from the implementation of the previous project on Partnership for Market Readiness, review of the project initiation note, and following the guidelines outlined in the OESRC Advisory No [...] While the details of actual NCP and DETS will be developed and decided through the support for the PMI implementation, the proposed project aims to assist the establishment and/or development of the legal, institutional and administrative setup (e.g., GHG national registry, MRV (monitoring/measurement, reporting, and verification) Jan 21, 2022 Page 5 of 10 Public Disclosure The World Bank Vietnam
vietnam east asia and pacific

Authors

Mani,Muthukumara S.

Disclosure Status
Disclosed
Doc Name
Concept Environmental and Social Review Summary (ESRS) - Vietnam Partnership for Market Implementation - P178165
Published in
United States of America
Rel Proj ID
VN-Vietnam Partnership For Market Implementation -- P178165
Unit Owning
EAP ENR PM 2 (SEAE2)
Version Type
Buff cover

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