On June 28, information from the Nghe An Department of Agriculture and Environment said that to date, the total amount of money from the Agreement on payment for greenhouse gas emission reduction in the North Central region (ERPA) that the locality has received has reached 393 billion VND.
The Provincial Forest Protection and Development Fund has been and is paying to more than 34,000 beneficiaries in the 2024-2026 period. To date, the total amount paid has reached 318.6 billion VND out of the planned 356.2 billion VND, equivalent to nearly 90% of the plan. In which, 26 forest owners who are organizations in the province have received more than 115.8 billion VND.
Funding from ERPA is assessed to have made an important contribution to supplementing resources for forest protection and development, reducing state budget pressure, and improving the lives of forest workers, especially mountainous people.
According to the Nghe An agricultural sector, the payment is carried out correctly, fully, publicly and transparently according to Decree 107/2022/ND-CP. The key beneficiaries are the community and people participating in forest protection, thereby creating motivation to preserve forests and improve forest cover in the area.
Thanks to these policies, the forest cover rate of the province has continuously increased, from 58.33% in 2023 to 59.01% in 2024 and reaching 59.16% in 2025.
Not only stopping at paying for forest environmental services, Nghe An is also assessed as a leading locality in implementing the carbon economy model. The western biosphere is likened to a "green lung", capable of absorbing and storing millions of tons of CO2 each year.
The commercialization of carbon credits is expected to transform forest resources into real cash flow, creating more sustainable livelihoods for people, while increasing resources for protecting upstream forests and biodiversity conservation.
In the field of agriculture, Nghe An has deployed more than 25,000 hectares of rice to reduce emissions through 4 production crops, with the coordination of research institutes and local farmers. The model initially recorded positive efficiency in terms of yield and production costs.
