Green Carbon Inc. (CEO: Jun Okita, hereinafter "Green Carbon"), a leading nature-based carbon credit creation and sales business in Japan, spoke at the "Conference on Promoting International Cooperation on Carbon Credits to Achieve National and Corporate Emission Reduction Targets" (hereinafter "the Conference") held in Ho Chi Minh City, Vietnam, on June 12, 2026. The discussion focused on the future development of the Vietnamese market and the potential for international collaboration.

Furthermore, at the Conference, the Vietnam Department of Climate Change (DCC) announced its plan to officially launch Vietnam's first domestic carbon credit exchange by the end of June 2026. The establishment of this exchange will facilitate the development of a carbon credit market within Vietnam, marking a significant step towards achieving the 2050 net-zero target. Green Carbon, which is actively promoting carbon credit creation in Vietnam's agricultural sector, welcomed the market's development and expressed its commitment at the Conference to contribute to the growth of a transparent and reliable market, thereby supporting Vietnam's climate change countermeasures and sustainable rural development.

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◆ Background and Overview of the Conference Presentation

Green Carbon is engaged in the creation of nature-based carbon credits, primarily in Southeast Asia, with projects spanning a wide range of fields including forest conservation, paddy fields, mangrove afforestation, methane reduction from cattle, and biochar projects. The company develops carbon credit creation projects tailored to the characteristics of natural resources in each region, while utilizing satellite data for site selection and monitoring to ensure efficient and transparent project operations.

In Vietnam, Green Carbon is particularly focused on reducing methane emissions from rice cultivation using AWD (Alternate Wetting and Drying) technology. Since establishing its local office in August 2024, the company has built strong partnerships nationwide, signing Memoranda of Understanding (MOUs) with authorities in 15 provinces, including the Mekong Delta region, to accelerate the deployment of AWD and related initiatives.

Vietnam is advancing its legal framework for the carbon credit market, with Decree No. 112/2024/ND-CP promulgated in 2024, which establishes the framework for the international trading of emission reduction outcomes and carbon credits. This decree clarifies the legal framework, rights, and obligations for companies participating in the international carbon credit market, thereby boosting the development of Vietnam's carbon credit market.

Against this backdrop, the Conference was held on June 12, 2026, where the Vietnam Department of Climate Change (DCC) announced its plan to launch Vietnam's first domestic carbon credit exchange by the end of June 2026. This exchange aims to enhance transparency in carbon credit trading and strengthen connections with the international market, representing a crucial step in the formation of Vietnam's carbon credit market. Green Carbon, as a business operator engaged in carbon credit creation, particularly in the agricultural sector in Vietnam, presented at the Conference and shared the challenges faced on the ground. Specifically, the company discussed issues faced by private businesses, such as the cost burden associated with establishing MRV (Measurement, Reporting, and Verification) systems compliant with international standards, the development of project management systems, and access to international credit buyers, engaging in discussions for the healthy development of the market.

〇 Scenes from the Conference

◆ Conference Overview

The Conference was held with the aim of promoting the development of Vietnam's carbon credit market and fostering international carbon credit trading. Government agencies, corporations, financial institutions, and project developers participated, discussing the launch of Vietnam's first carbon credit exchange, strengthening cooperation with the international market, and the challenges faced by private companies.

Event Name

Thúc đẩy hợp tác trao đổi quốc tế tín chỉ carbon hướng tới cam kết giảm phát thải của quốc gia và doanh nghiệp (Conference on Promoting International Cooperation on Carbon Credits to Achieve National and Corporate Emission Reduction Targets)

Organizer

Vietnam Department of Climate Change (DCC), among others

Date

June 12, 2026

Venue

Ho Chi Minh City, Vietnam

Participants

Vietnamese government officials, corporations, financial institutions, carbon credit project developers, domestic and international experts, etc.

〇 Fan Tien Thanh of Green Carbon speaking at the Conference

At the Conference, Fan Tien Thanh, Business Development Manager of Green Carbon Vietnam, presented on carbon credit creation projects in Vietnam's agricultural sector. The presentation highlighted the importance of establishing MRV (Measurement, Reporting, and Verification) systems compliant with international standards, the need for investment in accurate emission measurement and verification, and the requirement for advanced technical expertise. He also shared the challenges faced by private companies and project developers engaged in carbon credit creation in Vietnam, including the preparation of project documentation, monitoring of project implementation, ensuring data transparency, and matching with overseas credit buyers.

◆ Potential of Vietnam's Agricultural Sector

Vietnam possesses significant potential in the forestry, agricultural, and renewable energy sectors, and is expected to become a key supplier in the global carbon credit market. Particularly in agriculture, large-scale emission reductions are anticipated through the widespread adoption of climate-resilient sustainable farming practices. Furthermore, with the increasing implementation of CBAM (Carbon Border Adjustment Mechanism) and CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation), the international demand for high-quality carbon credits is expected to rise further.

The establishment of a domestic carbon exchange is anticipated not only to enhance market transparency and secure investor confidence but also to promote the creation of high-quality carbon credits originating from Vietnam. Green Carbon believes that the advancement of market infrastructure and institutional frameworks will further encourage the participation of private companies in carbon credit development.

◆ Future Outlook

Green Carbon plans to further expand its carbon credit creation projects in Vietnam, taking advantage of the launch of Vietnam's first domestic carbon credit exchange. The company will strengthen strategic partnerships with local farmers, producer cooperatives, and provincial authorities to maximize emission reductions within Vietnam. Moving forward, Green Carbon aims to develop projects covering 191,000 hectares nationwide in Vietnam, targeting the creation of 600,000 tons of carbon credits. Green Carbon is confident that its role in Vietnam's expansion will significantly contribute to the creation of high-quality "Made in Vietnam" carbon credits and the achievement of the 2050 net-zero target.

※1: AWD (Alternate Wetting and Drying)

AWD is a method where water levels in paddy fields are monitored, and water is alternately introduced and naturally drained every few days. Compared to continuous flooding, AWD can reduce water usage and contribute to water resource conservation.

◆ Green Carbon Inc.

Representative: Jun Okita, Representative Director

Location: Hanzomon PREX North 9F, 2-3-2 Kojimachi, Chiyoda-ku, Tokyo, Japan

Established: December 12, 2019

Business Activities: Carbon credit creation and sales, agricultural-related business, environmental-related business, and other related businesses and ESG consulting services.

URL: https://green-carbon.co.jp/

◆ GREEN CARBON JAPAN VIETNAM COMPANY LIMITED

Abbreviation: GREEN CARBON JAPAN VIETNAM CO,. LTD

Representative: Jun Okita, Representative Director

Location: 10th Floor, The Nexus Building, 34-3B Ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Established: August 2024

Business Activities: Carbon credit creation and sales, agricultural-related business

URL: https://green-carbon.vn/

◆ Green Carbon Business Introduction

With the vision of "Saving the Earth with the Power of Life," Green Carbon is a climate tech company that provides end-to-end support for the creation, registration, and sale of nature-based carbon credits both domestically and internationally. Additionally, the company is involved in research and development of plant and microbial products, ESG/emission allowance consulting, and various environmental-related businesses.

Its operations span over 10 countries, primarily in Japan and Southeast Asia, promoting a diverse range of nature-based projects including paddy fields (mid-season drainage, AWD), biochar, forest conservation, carbon farming, mangrove afforestation, livestock waste treatment, and livestock methane reduction. In Japan's paddy fields (mid-season drainage), the company created approximately 6,220 tons of credits in FY2023, the largest scale in Japan. Plans are in place to expand to approximately 40,000 ha (approx. 65,000 tons) in FY2024, 65,000 ha (approx. 65,000 tons) in FY2025, and 90,000 ha (approx. 95,000 tons) in FY2026. In the dairy sector, it has implemented Japan's first program-based registration for J-Credits, aiming to create 6,749 tons in FY2026.

Internationally, Green Carbon is promoting large-scale project development and credit creation, mainly in Southeast Asia. Investment projects utilizing the JCM (Joint Crediting Mechanism) in the Philippines have been fully sold out. Furthermore, the company is collaborating with provincial governments and municipalities in Vietnam and Cambodia towards the approval of JCM methodologies. It also offers "Agreen," a platform that handles credit application, registration, and sales in a one-stop manner, streamlining complex procedures and document preparation to reduce the burden on creators and enable scalable business promotion. In addition, Green Carbon is involved in the distribution of agricultural products with environmental value (environmentally friendly rice), research and development, and ESG/emission allowance consulting, contributing to decarbonization centered on natural capital.

◆ Green Carbon Inc. Social Media Links:

Carbon Credits Journal: https://biz-journal.jp/carboncredits/

Linkedin: https://www.linkedin.com/company/green-carbon-inc/

Facebook: https://www.facebook.com/profile.php?id=61557429326458

X: https://mobile.x.com/GreenCarbon2019

Wantedly: https://www.wantedly.com/companies/greencarbon2019

Youtube: https://www.youtube.com/channel/UCYO4WnGOHDaVB1ikxheZasA

note: https://note.com/green_carbon/

Instagram: https://www.instagram.com/greencarbon.official/

Tik Tok: https://www.tiktok.com/@greencarbon2019

FACT BOX

  • Source: PR TIMES
  • Category: 企業活動
  • Organizations: Green Carbon Vietnam