Revenue from carbon credits distributed to localities: official Vietnam has received a 51.5 million USD payment from the World Bank for verified emissions reductions - commonly referred to as carbon credits - for reducing 10.3 million tonnes of CO2 in the 2018-2024 period, said Director of the Department of Forestry under the Ministry of Agriculture and Rural Development (MARD) Tran Quang Bao at the ministry’s quarterly press conference on April 1. 15:30 | 02/04/2024