The EU’s revised Climate Law introduces a landmark shift in carbon markets, allowing limited use of international Article 6 credits within its 2040 emissions target. This move signals a transition from voluntary offsetting to regulated demand, reshaping global carbon finance and creating new strategic implications for businesses, governments, and investors worldwide.

Vietnam’s carbon market is entering a pivotal phase with its pilot Emissions Trading Scheme covering 50% of national CO₂ emissions. Targeting key sectors like power, steel, and cement, the ETS marks a strategic shift toward market-based climate policy, offering both regulatory challenges and emerging opportunities for businesses operating in the region.

In this interview, Jaime Amoedo, Executive Director and Co-founder of The ESG Institute, discusses how CBAM has moved from a reporting exercise to a live compliance and cost obligation. From January 1st, carbon intensity directly affects EU trade, creating financial exposure for importers and data-driven market access risks for exporters.