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Vietnam's Legal Pathway to International Carbon Market Integration: Operationalizing Article 6 of the Paris Agreement in Domestic Law

ベトナムの国際炭素市場統合への法的道筋：パリ協定第6条の国内法での運用化 (AI 翻訳)

Le Thi Minh

SSRNプレプリント2026-03-18#炭素価格経営インパクト: 調達リスク対象セクター: cross_sector
原典: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6437219

🤖 gxceed AI 要約

日本語

本論文は、パリ協定第6条に基づく国際炭素市場への参加に向けたベトナムの法的枠組みを分析。二国間ITMO取引（6.2条）や中央管理型メカニズム（6.4条）などの協力経路を検討し、国内法でのITMO定義欠如、対応調整の法的枠組み不足、炭素資源の主権問題など5つの主要な法的課題を特定。ベトナム国内排出量取引制度と国際炭素取引の関係の不明確さも指摘。

English

This paper analyzes Vietnam's legal framework for participating in international carbon markets under Article 6 of the Paris Agreement. It examines three cooperation pathways: bilateral ITMO arrangements (Art. 6.2), the centralized sustainable development mechanism (Art. 6.4), and broader market linkages. Five critical legal challenges are identified, including the absence of a domestic legal definition for ITMOs, lack of a corresponding adjustment framework, unresolved sovereign authority over carbon resources, inadequate tracking infrastructure, and unclear relationship between international transactions and Vietnam's domestic ETS.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

日本はJCM（二国間クレジット制度）を通じてベトナムと既に協力しており、本論文が指摘する法的課題は日本のJCMプロジェクト実施やクレジット移転の確実性に直接関わる。ベトナムの制度設計の進展は、日本の排出削減目標達成における国際クレジット活用戦略の見直しにも影響を与える。

In the global GX context

Article 6 operationalization is a global priority for carbon market integrity. This paper provides a detailed legal roadmap for a key developing country, Vietnam, which is a host for many bilateral agreements. The identified legal gaps—especially the lack of corresponding adjustment frameworks and sovereign authority over carbon resources—are relevant to any country designing Article 6 legislation, including Japan's JCM partners and Article 6.4 projects worldwide.

👥 読者別の含意

🔬研究者:Provides a structured legal analysis of Article 6 implementation challenges applicable to many developing countries.

🏢実務担当者:Helps companies engaging in Article 6 projects understand host country legal risks and required authorizations.

🏛政策担当者:Offers a systematic framework for designing domestic legislation to operationalize Article 6, identifying critical legal gaps that need to be addressed.

📄 Abstract（原文）

Article 6 of the Paris Agreement creates unprecedented opportunities and obligations for developing countries seeking to participate in international carbon markets. For Vietnam, whose greenhouse gas (GHG) reduction commitments under its updated Nationally Determined Contributions (NDCs) are partially conditioned on international financial support, effective legal operationalization of Article 6 cooperation mechanisms represents both a strategic imperative and a significant legal design challenge. This article examines the legal framework that Vietnam must develop to operationalize Article 6 in domestic law, with particular focus on three cooperation pathways: bilateral internationally transferred mitigation outcome (ITMO) arrangements under Article 6.2; participation in the centralized Article 6.4 sustainable development mechanism; and broader carbon market linkage enabling international recognition of Vietnamese mitigation activities. The analysis identifies five critical legal design challenges: the absence of a domestic legal definition and status for ITMOs; the lack of a corresponding adjustment legal framework specifying how international transfers of mitigation outcomes will be accounted for in Vietnam's NDC; unresolved questions regarding the sovereign authority over carbon resources arising from national territory; inadequate legal infrastructure for the authorization and tracking of mitigation outcomes designated for international transfer; and insufficient legal clarity on the relationship between international carbon transactions and Vietnam's domestic ETS framework.

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