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Optimizing Carbon Market Design: Balancing Economic Growth and Emissions Reduction The Department of Climate Change (DCC), Ministry of Agriculture and Environment, and the Energy Transition Partnership (ETP) jointly organized a consultation workshop titled “Impact Assessment of Vietnam’s Domestic Carbon Market in the Pilot Phase” on April 16 in Hanoi. At this event, Ms. Nguyen Hong Loan, Executive Director of Green Climate Innovation Consulting Co., Ltd. (GreenCIC) and Leader of the Consultant Team, emphasized the importance of identifying design and governance options, assessing their impacts, and selecting the most optimal approach to ensure a harmonious balance between economic development and GHG emission reduction goals for the successful operation of the carbon market during its pilot phase. Ms. Nguyen Hong Loan, Executive Director of Green Climate Innovation Consulting Co., Ltd. (GreenCIC) and Leader of the Consultant Team “ We conducted an in-depth analysis and m...

As India celebrates the tenth anniversary of the iconic lion logo, symbolizing its industrial strength and ambition, the country stands on the brink of a manufacturing renaissance. Unveiled by Prime Minister Narendra Modi on September 25, 2014 , the Make in India initiative has evolved beyond a government program. It has served as a rallying cry, reshaping global perceptions of India and its economic potential. The vision was clear: to position India as the world’s manufacturing epicenter , attracting investment, fostering innovation, and generating employment opportunities. This comprehensive program has unlocked India’s economic potential, paving the way for the fastest economic growth in history, supercharging local industries, and solidifying the country’s reputation as a prime investment destination. The statistics speak for themselves. In 2014, the manufacturing sector contributed a modest 16% to India’s GDP, but this figure has risen to over 17% in 2024 and is proje...