﻿{"id":4997,"date":"2023-08-10T09:00:26","date_gmt":"2023-08-10T02:00:26","guid":{"rendered":"https:\/\/itifund.com\/?p=4997"},"modified":"2023-08-15T15:21:25","modified_gmt":"2023-08-15T08:21:25","slug":"carbon-credits-the-opportunities-on-the-pathway-to-net-zero","status":"publish","type":"post","link":"https:\/\/itifund.com\/en\/carbon-credits-the-opportunities-on-the-pathway-to-net-zero\/","title":{"rendered":"Carbon Credits: The Opportunities on the Pathway to Net Zero"},"content":{"rendered":"<p style=\"text-align: justify;\"><b><span data-contrast=\"auto\">Business See an Opportunity in the Carbon Credit<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">As the world grapples with the devastating effects of climate change, the carbon credit market is a potential game-changer and offers financial rewards. By embracing this potential market, businesses can help combat climate change and drive sustainable growth and innovation.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><b><span data-contrast=\"auto\">The Advanced Solutions for Reducing Carbon Emissions<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Carbon credits are government-issued licenses that permit the regulated burning of hydrocarbon fuel. <span class=\"NormalTextRun SCXW116277585 BCX0\">The carbon credit markets typically involve <\/span><span class=\"NormalTextRun SCXW116277585 BCX0\">governments, NGOs<\/span><span class=\"NormalTextRun SCXW116277585 BCX0\">, businesses, and individuals. When the Kyoto Protocol was signed in 1997, a carbon market allowed countries with the right to excess emissions to sell or buy from countries that emit more or less than the committed target.<\/span><\/span><i><\/i><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Carbon credit key highlights:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li data-leveltext=\"\u25cf\" data-font=\"Calibri\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\u25cf&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">A carbon credit represents 1 tonne of CO2e that an organization can emit.<\/span><\/li>\n<li data-leveltext=\"\u25cf\" data-font=\"Calibri\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\u25cf&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">The carbon credit market included:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\"><br \/>\n<\/span><span data-contrast=\"auto\">+ Compliance market: formed and regulated by international, regional or national emission reduction systems to realize emission reductions.<br \/>\n<\/span><span data-contrast=\"auto\">+ Voluntary market: operates based on voluntary commitments between organizations and individuals and follows the standards set by the organization recognized.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u25cf\" data-font=\"Calibri\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\u25cf&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Management teams that emit less than their limit may resell carbon credits on the corresponding carbon market.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Carbon credits offer organizations a way to reduce emissions while creating new revenue streams. They promote the use of clean energy sources and encourage afforestation, all while strengthening international cooperation between countries.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><b><span data-contrast=\"auto\">Carbon Credit, An Excellent Chance for Growth And Success<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">According to <\/span><a href=\"https:\/\/www.statista.com\/statistics\/1334848\/global-carbon-market-size-value\/\"><span data-contrast=\"none\"><span style=\"text-decoration: underline; color: #3366ff;\">Statista<\/span>,<\/span><\/a><span data-contrast=\"auto\"> the worldwide carbon market was valued a significant growth in 2021, which reached a record high of 760 billion euros and soared 164%. This growth was mainly due to an increased demand for carbon permits, culminating in surging prices. In 2021, <\/span><span data-contrast=\"none\">European Union Emissions Trading System<\/span><span data-contrast=\"auto\"> accounts for approximately 90% of the global market size.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 14px;\"><i><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4988\" src=\"https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/1334848-blank-355-300x214.png\" alt=\"ITI Fund - Carbon credit\" width=\"533\" height=\"380\" srcset=\"https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/1334848-blank-355-300x214.png 300w, https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/1334848-blank-355.png 355w\" sizes=\"(max-width: 533px) 100vw, 533px\" \/>The value of the carbon market worldwide from 2018 to 2022 (Source: Statista)<\/i>\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tesla.com\/\"><b><span data-contrast=\"none\"><span style=\"text-decoration: underline; color: #3366ff;\">Tesla<\/span><\/span><\/b><\/a><b><span data-contrast=\"auto\"> &#8211;\u00a0 A Carbon Credit Leader<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/edition.cnn.com\/2023\/04\/12\/politics\/car-pollution-standards-electric-vehicles-biden-climate\/index.html\"><span data-contrast=\"none\"><span style=\"text-decoration: underline; color: #3366ff;\">CNN<\/span><\/span><\/a><span data-contrast=\"auto\"> reports that 18 US states have mandated automakers to achieve 70% of their sales as zero-emission vehicles by 2030. Failure to meet this requirement will result in purchasing carbon credits from businesses that surpass regulatory standards, such as Tesla, the top player in the electric vehicle and carbon credit markets as of April 2023.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\"> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4990\" src=\"https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/Tesla-carbon-credit-revenue-2022-300x206.webp\" alt=\"ITI Fund - Carbon credit\" width=\"542\" height=\"372\" srcset=\"https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/Tesla-carbon-credit-revenue-2022-300x206.webp 300w, https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/Tesla-carbon-credit-revenue-2022-1024x702.webp 1024w, https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/Tesla-carbon-credit-revenue-2022-768x527.webp 768w, https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/Tesla-carbon-credit-revenue-2022-1536x1053.webp 1536w, https:\/\/itifund.com\/wp-content\/uploads\/2023\/08\/Tesla-carbon-credit-revenue-2022.webp 1600w\" sizes=\"(max-width: 542px) 100vw, 542px\" \/><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 14px;\"><i>Tesla regulatory carbon credit sales reach a record from 2018 to 2022<\/i>\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Tesla has generated $1.78 billion in revenue through their clean energy initiatives, which involve installing solar panels and utilizing energy storage systems. This is achieved by leveraging carbon credits sold to other automakers.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"text-decoration: underline; color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.flowcarbon.com\/\"><b>Flowcarbon<\/b><\/a><\/span><b><span data-contrast=\"auto\"> &#8211; Utilizes Blockchain Technology to Provide Carbon Credits<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Flowcarbon is a startup focused on climate technology founded in the US in 2021. Their innovative approach involves integrating carbon credits into the blockchain, which allows for a more accessible, efficient, and cross-border system for buying and selling CO2 credits in the voluntary carbon market. Flowcarbon recognizes that the current CO2 credit trading system suffers from a lack of clarity, low liquidity, poor accessibility, and transparency in pricing. In May of 2022, Flowcarbon raised $70 million in a Series A round.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><b><span data-contrast=\"auto\">Highlight Opportunities: The Carbon Credit Market in Vietnam<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Vietnam has taken steps to reduce emissions by participating in various programs, projects, and agreements related to the compliance market. However, the voluntary market is being explored, studied, and developed. Unfortunately, the transfer of forest carbon has faced obstacles and challenges due to gaps in legal, institutional, and management frameworks <\/span><span data-contrast=\"none\">and<\/span><span data-contrast=\"auto\"> as well as a lack of capacity to transfer the carbon credit.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">The Ministry of Natural Resources and Environment will release circulars to guide projects operating under the domestic carbon credit clearing mechanism and the greenhouse gas emissions quota exchange in 2025, as Decree 06\/2022\/ND-CP mandated. Vietnam has planned to launch a domestic carbon credit exchange in 2028, with significant potential in the country&#8217;s forest areas. According to the Ministry of Agriculture and Rural Development, Vietnam can provide around 57 million forest carbon credits annually, priced at an average of 5 USD\/credit. Resulting in hundreds of millions of dollars in revenue.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Reducing carbon emissions and combating climate change can be achieved using carbon credits. Startups specializing in this field offer solutions that aid organizations and businesses in reducing carbon emissions while creating business value. <span class=\"TextRun SCXW160351014 BCX0\" lang=\"VI\" xml:lang=\"VI\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightPipeRest SCXW160351014 BCX0\">The high concerns for sustainability will bring a good opportunity for startups.<\/span><\/span><span class=\"EOP SCXW160351014 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/span><\/p>\n<h4 data-wpmeteor-mouseover=\"true\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2173 aligncenter\" src=\"http:\/\/itifund.com\/wp-content\/uploads\/2022\/04\/Eng@3x-300x207.png\" sizes=\"(max-width: 633px) 100vw, 633px\" srcset=\"https:\/\/itifund.com\/wp-content\/uploads\/2022\/04\/Eng@3x-300x207.png 300w, https:\/\/itifund.com\/wp-content\/uploads\/2022\/04\/Eng@3x-1024x708.png 1024w, https:\/\/itifund.com\/wp-content\/uploads\/2022\/04\/Eng@3x-768x531.png 768w, https:\/\/itifund.com\/wp-content\/uploads\/2022\/04\/Eng@3x-1536x1061.png 1536w, https:\/\/itifund.com\/wp-content\/uploads\/2022\/04\/Eng@3x-2048x1415.png 2048w\" alt=\"ITI Fund_Information\" width=\"584\" height=\"403\" data-wpmeteor-mouseover=\"true\" data-wpmeteor-mouseout=\"true\" \/><\/h4>\n<h4>Contact:<\/h4>\n<ul>\n<li><img decoding=\"async\" class=\"emoji\" role=\"img\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/13.1.0\/svg\/1f30f.svg\" alt=\"\ud83c\udf0f\" \/><a href=\"https:\/\/itifund.com\/en\/\">\u00a0itifund.com<\/a><\/li>\n<li><img decoding=\"async\" class=\"emoji\" role=\"img\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/13.1.0\/svg\/1f4de.svg\" alt=\"\ud83d\udcde\" \/>\u00a0(+84)90 998 3699<\/li>\n<li><img decoding=\"async\" class=\"emoji\" role=\"img\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/13.1.0\/svg\/1f4e9.svg\" alt=\"\ud83d\udce9\" \/>\u00a0info@itifund.com<\/li>\n<li><img decoding=\"async\" class=\"emoji\" role=\"img\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/13.1.0\/svg\/1f514.svg\" alt=\"\ud83d\udd14\" \/><a href=\"http:\/\/fb.me\/ITIFund\">\u00a0fb.me\/ITIFund<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Business See an Opportunity in the Carbon Credit\u00a0 As the world grapples with the devastating effects of climate change, the carbon credit market is a potential game-changer and offers financial rewards. By embracing this potential market, businesses can help combat climate change and drive sustainable growth and innovation.\u00a0\u00a0 The Advanced Solutions for Reducing Carbon Emissions\u00a0 &#8230; <a title=\"Carbon Credits: The Opportunities on the Pathway to Net Zero\" class=\"read-more\" href=\"https:\/\/itifund.com\/en\/carbon-credits-the-opportunities-on-the-pathway-to-net-zero\/\" aria-label=\"More on Carbon Credits: The Opportunities on the Pathway to Net Zero\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":4994,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[71,205,288,289],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Carbon Credits: The Opportunities on the Pathway to Net Zero<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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