Decree 06/2022/ND-CP regulations on reduction of greenhouse gas emissions and protection of the ozone layer

DECREE

 Providing the mitigation of greenhouse gas emissions and protection of the ozone layer^[1]

Pursuant to the June 19, 2015 Law on Organization of the Government; and the November 22, 2019 Law Amending and Supplementing a Number of Articles of the Law on Organization of the Government and the Law on Organization of Local Administration;

Pursuant to the November 17, 2020 Law on Environmental Protection;

At the proposal of the Minister of Natural Resources and Environment,

The Government promulgates the Decree providing the mitigation of greenhouse gas emissions and protection of the ozone layer.

Chapter I

GENERAL PROVISIONS

Article 1. Scope of regulation

This Decree details a number of articles of the Law on Environmental Protection, including Article 91 on mitigation of greenhouse gas emissions, Article 92 on protection of the ozone layer, and Article 139 on organization and development of the carbon market.

Article 2. Subjects of application

This Decree applies to organizations and individuals involved in greenhouse gas emission, greenhouse gas emission mitigation and greenhouse gas absorption activities; participating in the development of the domestic carbon market; and undertaking the production, import, export, consumption and treatment of controlled ozone-depleting substances and contributors to the greenhouse effect under the Montreal Protocol on Substances that Deplete the Ozone Layer (below referred to as the Montreal Protocol).

Article 3. Interpretation of terms

1. Intergovernmental Panel on Climate Change (IPCC) means the United Nations agency responsible for providing scientific information and grounds on climate change caused by humans, its effects on nature, politics and economy, and climate change response measures.

2. Controlled ozone-depleting substances and contributors to the greenhouse effect within the framework of the Montreal Protocol (below referred to as controlled substances) means the substances or compounds specified in Annexes A, B, C, E and F to the Montreal Protocol.

3. Industrial processes means industrial activities that cause greenhouse gas emissions from chemical and physical processes without energy consumption; and constitute one of the sectors subject to greenhouse gas inventory under the United Nations Framework Convention on Climate Change.

4. United Nations Framework Convention on Climate Change (UNFCCC) means an environmental treaty that aims to minimize human interference with the global climate system, in part by stabilizing greenhouse gas concentrations in the atmosphere.

5. Mechanisms for carbon credit exchange and offset means mechanisms for registration and implementation of programs and projects on mitigation of greenhouse gas emissions and creation of carbon credits by methods recognized internationally or by Vietnam. Carbon credits from programs and projects may be exchanged on the carbon markets or offset for the amount of greenhouse gas emissions exceeding the allocated allowance.