The mechanism works by encouraging developing countries to reduce emissions with investments from industrialised countries. Currently, Vietnam has 1 CDM project in the agriculture field, which has brought positive results.
Manure from pig farms can be turned into fuel, thanks to these biogas bags. Wastewater from them can then be used as food for fish as well as plants. This is the main idea of the VACB model. This model is an important part of the “Developing rural areas using CDM” project, a joint effort between Can Tho University and the Japan International Research Center for Agricultural Sciences (JIRCAS)
"This projects brings many positive results. It helps increase farmers’ income, as they can grow plants, raise pigs, and fish, and save money on fertilizers and fuel by using biogas. Secondly, the pig farms under the project are no longer dirty, they are tidy and clean, which is what the programme was aiming for", Assoc.Prof.Dr.Nguyen Huu Chiem, Environment Faculty, Can Tho University, said.
Besides helping protect the environment, the project also helps farmers increase their income by selling certified emission reduction (CER) credits, each equivalent to one tonne of CO2
"A huge amount of CO2 is expelled every year, with thousands of households using wood as fuel. When we use biogas, this is significantly reduced. The amount of reduced CO2 will be bought by industrialised countries as CER credits", Assoc.Prof.Dr.Nguyen Huu Chiem added.
The money from reducing emissions, besides benefitting farmers, will also help expand the model to other provinces in the country. By utilising this model effectively, Vietnam will move closer to the goal of achieving sustainable development.