Training course on ETS and carbon market for policy makers in Hanoi on 26th and 27th February 2024
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All day
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 Day 2 – Tuesday, 27/02/2024Time Content P.I.C 8:15 – 8:45 Course registration Training course organizers 8:45 – 9:00 Opening remark 9:00 – 9:10 Interactive introduction of participants Training course organizers 9:10 – 9:30 Course outline and pre-course survey Ms. Dang Hong Hanh 9:30 – 10:00 International climate policies and status of carbon pricing implementation in the world South Pole representative 10:00 – 10:20 Tea break 10:20 – 11:10 Preparations piloting the operation the carbon trade exchange in 2025 and official operation of the domestic carbon market by 2028 in Vietnam Ms. Dang Hong Hanh 11:10 – 11:50 ETS: working principles and key design elements Mr. Josh Margolis 11:50 – 12:00 Q&A session 12:00 – 13:30 Lunch and break time 13:30 – 14:10 Cap setting, scope and coverage of an ETS Mr. Michael Mehling 14:10 – 14:40 Allocation in an ETS Mr. Michael Mehling 14:40 – 14:50 Tea break 14:50 – 15:15 Day 1 carbon market simulation Mr. Josh Margolis 15:15 – 17:15 Practice simulation All representatives 17:15 – 17:30 Day 1 Wrap-up and discussion Mr. Josh Margolis Time Content P.I.C 8:30 – 8:45 Day 2 check-in and registration Training course organizers 8:45 – 9:00 Day 1 recap South Pole representative 9:00 – 9:45 Crediting mechanisms and offsets in an ETS South Pole representative 9:45 – 10:15 Market oversight in an ETS Mr. Michael Mehling 10:15 – 10:30 Tea break 10:30 – 11:00 Managing the carbon price in an ETS Mr. Michael Mehling 11:00 – 11:40 MRV requirements in an ETS Ms. Dang Hong Hanh 11:40 – 12:00 Discussion and Q&A Mr. Michael Mehling 12:00 – 13:30 Lunch and break time 13:30 – 16:30 Day 2 carbon market simulation (contest) All representatives 16:30 – 17:00 Group discussion in selected topics Mr. Michael Mehling 17:00 – 17:30 ETP/DCC