Vietnam receives 51.5 mln USD from World Bank for carbon credits

HANOI, April 3 (Xinhua) -- Vietnam has received a 51.5 million U.S. dollar payment from the World Bank for verified emissions reductions, commonly referred to as carbon credits, for reducing 10.3 million tons of CO2 in the 2018-2024 period, local media reported Wednesday, citing the Ministry of Agriculture and Rural Development.

Tran Quang Bao, director of the ministry's Department of Forestry, said 80 percent o