Carbon credits play a crucial role in the global endeavor to mitigate carbon emissions by serving as a quantifiable metric for greenhouse gas reduction. Each carbon credit corresponds to the reduction of 1 tonne of carbon dioxide equivalent (CO2e) emissions. These credits are transferrable assets within the carbon market, encouraging individuals, corporations, and governmental entities to assume accountability for their carbon footprints. In the voluntary market, carbon credits are generated through a rigorous process encompassing project development, validation/verification, registration, issuance, trading, and retirement of carbon credits. This research aims to explore the procedure of carbon credit issuance under the voluntary market and Vietnamese legislation. Specifically, the research will delve into the specifics of how the carbon credit project registers under the VCS and GS standards.

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