Laos moves to develop carbon markets in energy sector

Experts share views during a panel discussion on the dynamics of international carbon markets in Vientiane. - Vientiane Times/ANN

VIENTIANE: The Ministry of Energy and Mines is working with international partners to develop carbon market opportunities in Laos’ energy sector, aligning with the country’s third Nationally Determined Contribution (NDC 3.0).

The Department of Energy Efficiency and Promotion is leading efforts to establish policies and frameworks that will allow the energy sector to benefit from carbon trading.