Training course on ETS and carbon market for policy makers in Hanoi on 26th and 27th February 2024

Date
Format

Offline

Time

All day

Location

Hanoi, Vietnam

VNEEC organises two consecutive training courses on ETS and the carbon market in Hanoi, each lasting 2 days, from 26 February to 01 March 2024. The initial course, occurring on 26th – 27th February 2024, targets representatives from ministries, responsible agencies, and individuals involved in the establishment and management of carbon exchange platforms and markets in Vietnam. The second training course is tailored for representatives from energy-intensive enterprises, business associations, and media, occurring on 29th February and 01st March 2024.

The 2-day training course on ETS and the carbon market is part of the Southeast Asia Energy Transition Partnership’s (ETP) support aiming to develop the carbon market in Viet Nam in cooperation with the Department of Climate Change (DCC), Ministry of Natural Resources and Environment (MONRE) under the technical assistance (TA) “Emission Trading System (ETS) Piloting and Simulation in Vietnam”.

The main objective of the technical assistance is to develop and organize training courses on ETS and the carbon market, using the ETS simulation tool tailored to the Vietnam context for various stakeholders including policymakers, research institutes, universities, financial institutions, media representatives, and especially big emitters that will be covered under Vietnam’s ETS in the future.

The 2-day training course for policymakers regarding the establishment and operation of the ETS and carbon market in Vietnam will take place in Hanoi with details as follows:

Date: 2 days, 26th and 27th February 2024

Venue: Melia Hanoi Hotel, 44 Ly Thuong Kiet Str, Tran Hung Dao, Hoan Kiem District, Hanoi

Accommodation: Trainees are responsible for their own transportation and accommodation during the training course. Organizers provide buffet lunches at the hotel where the training course is held. For trainees who do not live in Hanoi, the organizers will support part of the travel and accommodation costs when attending.

Benefits: Be equipped with knowledge, contribute comments to build a carbon market in Vietnam, and receive a certificate of participation in training courses issued by the Department of Climate Change and ETP.

Required preparation: Laptop, or tablet (for reading documents and participating in simulations).

Important: Space is limited. The workshop may be fully subscribed. Participation is limited to those that are confirmed by VNEEC.

TENTATIVE TRAINING AGENDA

Day 1 Monday, 26/02/2024

TimeContentP.I.C
8:15 – 8:45Course registrationTraining course organizers
8:45 – 9:00Opening remark
  • DCC
  • ETP
9:00 – 9:10Interactive introduction of participantsTraining course organizers
9:10 – 9:30Course outline and pre-course surveyMs. Dang Hong Hanh
9:30 – 10:00International climate policies and status of carbon pricing implementation in the worldSouth Pole representative
10:00 – 10:20Tea break
10:20 – 11:10Preparations piloting the operation the carbon trade exchange in 2025 and official operation of the domestic carbon market by 2028 in VietnamMs. Dang Hong Hanh
11:10 – 11:50ETS: working principles and key design elementsMr. Josh Margolis
11:50 – 12:00Q&A session
12:00 – 13:30Lunch and break time
13:30 – 14:10Cap setting, scope and coverage of an ETSMr. Michael Mehling
14:10 – 14:40Allocation in an ETSMr. Michael Mehling
14:40 – 14:50Tea break
14:50 – 15:15Day 1 carbon market simulation

  • Introduction of CarbonSim
  • Run the simulation
Mr. Josh Margolis
15:15 – 17:15Practice simulationAll representatives
17:15 – 17:30Day 1 Wrap-up and discussionMr. Josh Margolis

 

Day 2 Tuesday, 27/02/2024

TimeContentP.I.C
8:30 – 8:45Day 2 check-in and registrationTraining course organizers
8:45 – 9:00Day 1 recapSouth Pole representative
9:00 – 9:45Crediting mechanisms and offsets in an ETSSouth Pole representative
9:45 – 10:15Market oversight in an ETSMr. Michael Mehling
10:15 – 10:30Tea break
10:30 – 11:00Managing the carbon price in an ETSMr. Michael Mehling
11:00 – 11:40MRV requirements in an ETSMs. Dang Hong Hanh
11:40 – 12:00Discussion and Q&AMr. Michael Mehling
12:00 – 13:30Lunch and break time
13:30 – 16:30Day 2 carbon market simulation (contest)All representatives
16:30 – 17:00Group discussion in selected topicsMr. Michael Mehling
17:00 – 17:30
  • Granting certificates upon completion of the training course
  • Training course evaluation and closing remarks
ETP/DCC