Reduce Carbon Emissions Research Articles

Research on the Carbon Emission Reduction Effect of the Dual Pilot Policy of Low-Carbon Cities and New Energy Demonstration Cities

Achieving the “double carbon” goal and optimizing the energy structure necessitates strategic deployments such as low-carbon cities (LCCs) and new energy demonstration cities (NEDCs). Prior research has primarily examined the effectiveness of these two policies when implemented independently. Despite overlapping scopes, there remains a need for a definitive conclusion regarding whether the concurrent implementation of these policies will yield a synergistic effect, thereby further reducing carbon emissions. Employing panel data spanning 2007–2021 from 280 Chinese cities, this study investigates the carbon emission reduction (CER) effect of the dual pilot policy (DPP), focusing specifically on LCCs and NEDCs through a multi-period difference-in-differences (DID) analysis. The findings reveal a significant synergistic effect between LCCs and NEDCs on CER, with the sequence of policy implementation playing a crucial role in determining the effectiveness of CER. Notably, cities first become NEDCs and subsequently transition into LCCs, demonstrating a more pronounced CER effect. Further analysis of the impact mechanism underscores that the DPP fosters urban CER by elevating inventive and improved green technology innovation. Among these, the contribution of inventive green technology innovation is particularly prominent, accounting for as much as 24%, far surpassing the 20% contribution of improved green technology innovation. A heterogeneity analysis indicates that the DPP’s impact is more significant in western and non-resource-based cities. Given China’s status as one of the world’s foremost carbon emitters, exploring China’s CER pathways holds profound practical significance and offers invaluable empirical insights for advancing global CER efforts.

Use Efficiency, Reduction Potential, and Effects of Fertilizers on Carbon Emissions in China’s Major Citrus Regions

Enhancing the efficiency of fertilizer utilization and advancing fertilizer reduction efforts constitutes a pivotal initiative for augmenting the quality and productivity of the citrus industry; this constitutes an indispensable prerequisite for attaining green and sustainable development. Utilizing panel data from seven prominent mandarin-producing regions and seven prominent tangerine-producing regions in China spanning from 2002 to 2022, this study employed the stochastic frontier analysis (SFA) method to develop a translog production function model for precisely measuring the fertilizer use efficiency for mandarins and tangerines. Employing the calculated optimal fertilizer use rates, we further ascertained the fertilizer reduction potential for mandarin and tangerine; then, we estimated the associated carbon emission reduction potential within these key citrus regions. The research revealed the following findings: the overall level of citrus fertilizer use efficiency in China is comparatively low, with the mean values for mandarin and tangerine fertilizer use efficiency being merely 0.4403 and 0.3887, respectively, indicating substantial room for improvement by approximately 60%; substantial potential exists for decreasing fertilizer use in China’s citrus industry, with average reduction potentials of 66.27% for mandarins and 64.83% for tangerines, signifying a notable redundancy in fertilizer application within major citrus-producing areas. The magnitude of carbon emission reduction potential through the diminution of citrus fertilizer use is tremendous. When optimal fertilizer rates are applied, the average carbon emission reductions resulting from fertilizer reduction in mandarins and tangerines amount to 815.8681 kg/hm2 and 602.3551 kg/hm2, respectively. The average carbon reduction potential for mandarins and tangerines reach levels of 55.9673% and 61.1299%, respectively, both surpassing the threshold of 55%. Significant differences exist in the technical efficiency of fertilizer input, reduction potential, and carbon emission mitigation potential among major citrus-producing regions. Citrus orchards in Guangdong exhibit higher potential for fertilizer reduction but demonstrate a relatively low level of technical efficiency. In contrast, Hunan Province shows an opposite trend, necessitating the development of region-specific strategies. Therefore, to minimize citrus fertilizer use and augment the technical efficiency of citrus fertilizer, it is imperative to comprehensively integrate and promote the “three new” technologies aimed at reducing fertilizer use and enhancing its efficiency within the citrus industry; implement a regional coordinated development strategy for citrus fertilizer reduction; and intensify policy guidance, publicity, and training efforts related to citrus fertilizer reduction, efficiency enhancement, and carbon emissions reduction.

Evaluating Energy Consumption in Residential Buildings in Qatar: A Case Study on Compounds

The global urgency to cut carbon emissions and pollution is clear. Qatar, rich in fossil fuels, is shifting towards sustainability to reduce carbon emissions. This paper analyzes the energy consumption patterns in residential buildings in Qatar, categorizing them by size and ownership, and establishing energy benchmarks for each building type, offering insights to guide energy efficiency policies. By examining the building size and ownership, the study helps establish benchmarks, supporting Qatar’s sustainability goals in reducing carbon emissions. The study was conducted from 1 January 2019 to 31 December 2021, utilizing data from the Qatar General Electricity and Water Corporation (KAHRAMAA). A total of 172,796 residential buildings were analyzed, with data on building characteristics and demographic information incorporated into the analysis. A quantitative analysis revealed that the building size, ownership, and demographics significantly impact energy consumption, guiding efficiency strategies. The ownership and floor area significantly impact energy consumption. A strong positive correlation (R = 0.97) was found between energy consumption (kWh) and the total built area (m2). The patterns of energy use varied across different residential building types. The findings highlight the importance of considering the ownership and building size in energy efficiency policies. Identifying specific energy use patterns supports the development of targeted strategies. This research offers valuable data on residential energy consumption in Qatar, providing a foundation for energy benchmarks. These benchmarks can guide policy decisions and strategies to enhance energy efficiency and promote sustainability in the residential sector. This study uniquely connects the ownership and building size with energy consumption patterns in Qatar, supporting the development of effective energy policies and contributing to global sustainability goals.

Green gains: The impact of REITs' environmental performance on sustainability-linked loan interest rates

This paper examines the relationship between environmental performance and the use of sustainability-linked loans (SLLs) by U.S. real estate investment trusts (REITs). We find that a 1 % reduction in past carbon emissions increases the REITs' likelihood of taking an SLL by 29.6 %, while a 1 % slower growth in past emissions reduces the interest spread by 1.6 basis points. Our results reveal that banks reward REITs' previous environmental record through SLLs, whereas non-SLL interest spreads remain unaffected. These findings underscore the importance of explicit sustainability-linked financial instruments in incentivizing decarbonization efforts within the real estate sector.

Research on Hybrid Heating System in Cold Oilfield Regions

Efficient and clean treatment of wastewater and energy recovery and utilization are important links to realize low-carbon development of oilfields. Therefore, this paper innovatively proposes a multi-energy complementary co-production heating system which fully and efficiently utilizes solar energy resources, oilfield waste heat resources, and biomass resources. At the same time, a typical dormitory building in the oil region was selected as the research object, the system equipment selection was calculated according to the relevant design specifications. On this basis, the simulation system model is established, and the evaluation index and operation control strategy suitable for the system are proposed. The energy utilization rate of the system and the economic, energy-saving, and environmental benefits of the system are simulated. The results show that, under the simulated conditions of two typical days and a heating season, the main heat load of the system is borne by the sewage source heat pump, the energy efficiency is relatively low in the cold period, and the energy-saving characteristics are not obvious. With the increase in heating temperature and anaerobic reactor volume, the energy consumption of the system also increases, and the energy efficiency ratio of each subsystem and the comprehensive energy efficiency ratio of the system gradually decrease. In addition, although the initial investment in cogeneration heating systems is high, the operating costs and environmental benefits are huge. Under the condition of maintaining 35 °C, the anaerobic reactor in the system can reduce carbon emissions by 12.15 t per year, reduce sulfur dioxide emissions by 98.4 kg, reduce dust emissions by 49.2 kg, and treat up to 2700 t of sewage per year, which has broad application prospects.

Generation of hydrogen fuel on board vehicles with internal combustion engines

This article discusses advances in the design of hydrogen fuel engines; the main characteristics of the hybrid engine are studied; prospects for further research are outlined; development and improvement of engine designs, research of processes in engines running on natural gas and hydrogen. Transport is one of the key elements of modern civilization. Its condition and development prospects largely depend on the ability to supply transport power plants with fuel. The depletion of liquid hydrocarbon fuel reserves and problems of environmental pollution may present humanity with a choice - either to reduce transport transportation or to find new ways to supply energy to transport. OBJECTIVE: To review the electrochemical technologies used for the production of hydrogen at gas stations and the operation of hybrid electric vehicle engines using fuel cell batteries. Conduct a comparative analysis of the production and use of energy by electrochemical and traditional methods in vehicles. METHODS are based on analysis of literature data and mathematical calculations. For a passenger electric vehicle, the amount of electricity that can be obtained in a fuel cell by processing 1 kg of hydrogen was calculated. It has been shown that the specific fuel consumption for a hydrogen electric vehicle averages 1 kg of hydrogen per 100 km. Hydrogen has the potential to be the sustainable fuel of the future, reducing global dependence on fossil fuel resources and reducing carbon emissions from the transportation industry.

Prioritizing Criteria for Establishing a Green Shipping Corridor Between the Ports of Sines and Luanda Using Fuzzy AHP

As port authorities and cargo operators seek strategies to reduce carbon emissions while ensuring operational efficiency, some are turning to the concept of green corridors. These solutions aim to establish formalized partnerships among ports, carriers, shippers, and countries. During the process, the stakeholders must consider four priority areas (alternative fuels, bunkering infrastructure, vessel decarbonization pathways, and cargo demand dynamics) from seven angles (environmental, economic, infrastructure, regulatory, operational, technological, and social). This study explores the prioritization of these criteria for establishing a green maritime corridor between two major ports in Portugal and Angola, which would be a significant step toward promoting sustainable global trade. Utilizing the fuzzy AHP, this research analyzes all these factors and their associated sub-criteria derived from a comprehensive literature review and consultations with stakeholders from the Ports of Sines and Luanda. The findings show the dominance of environmental compatibility and economic viability, while social acceptance shows the lowest score. This framework guides the decision-making process for developing a sustainable shipping corridor. The results offer valuable insights for policymakers which can guide them in fostering resilient maritime transport routes, accelerating the adoption of decarbonization strategies and playing a critical role in achieving the IMO’s zero-emission targets by 2050.

Low-Carbon Optimization Scheduling of Integrated Energy Systems Based on Bilateral Demand Response and Two-Level Stackelberg Game

In the context of low-carbon energy transformation, fully utilizing the integrated demand response (IDR) resources on the load side can improve the operational flexibility and economy of the integrated energy system (IES). However, establishing a reasonable trading mechanism to enhance users’ participation in IDR has become a key issue that IES urgently needs to solve. To this end, this paper first establishes an IES model that includes electricity, heat, and gas. To reduce carbon emissions, a ladder-type carbon trading mechanism is introduced while adding low-carbon technologies such as carbon capture devices and power-to-gas conversion. Secondly, a bilateral IDR mechanism centered on the load aggregator (LA) is proposed, and a multi-agent operation model including IES, LA, and users is established. The IDR subsidy price is dynamically determined through a two-level Stackelberg game model involving IES, LA, and users. Then, through KKT conditions and the Big M method, the two-level game model is turned into an IES-LA game model, which is solved using a combination of the White Shark Optimization method and the Gurobi solver. The final simulation results show that the scheduling model can fully reflect the time value of IDR resources, and the IES cost is decreased by USD 152.22, while LA and user benefits are increased by USD 54.61 and USD 31.85. Meanwhile, the ladder-type carbon trading mechanism and low-carbon technology have effectively achieved low-carbon operation of the system.

Optimal Strategies for E-Commerce Platform Supply Chain: Carbon Emission Reduction and Financing

In the context of global carbon emission reduction (CER) targets and slowing economic growth, it is imperative for suppliers to make informed choices regarding CER and financing strategies. However, limited research has explored the impact of financing strategies on CER. This paper develops a supply chain model that includes a supplier, a manufacturer, an E-commerce platform (E-C platform), and consumers with a preference for low-carbon products. The supplier sets the wholesale price, while the manufacturer controls both the production quantity and the unit amount of CER. We examine whether the manufacturer will invest in CER with sufficient capital or under various financing scenarios, namely (1) traditional production with sufficient capital (Scenario ST); (2) CER implementation with sufficient capital (Scenario SG); (3) CER implementation with E-C platform financing (Scenario EG); (4) CER implementation with bank financing (Scenario BG). Through comparative analysis, the analysis reveals that, regardless of the financing method chosen, the supplier’s profit and the manufacturer’s production quantity increase when the manufacturer invests in CER technology innovation compared to the traditional scenario. Furthermore, in terms of the manufacturer’s profit, if the service cost of bank financing exceeds a certain threshold, the manufacturer should either seek financing from the E-C platform or abandon the CER investment. Additionally, with respect to CER outcomes, Scenario BG outperforms Scenario EG. These findings provide a theoretical foundation and decision-making support for supply chain participants when addressing carbon reduction and financing strategy decisions.

Driving green: Financial benefits of carbon emission reduction in companies

This paper explores the relationship between carbon emissions reduction and corporate financial performance, leveraging a rich dataset of 14,866 observations from 2768 companies across 36 countries and regions, and 35 industries over the period 2002–2022. We find that carbon emissions reductions improve company financial performance, as measured by return on assets and return on equity, with this effect being even more pronounced for companies with higher carbon intensity. Additionally, country carbon regulations are positively associated with a company's financial performance, while higher ESG scores negatively impact it. Notably, we find no significant role for CSR reporting in driving financial gains. Overall, our findings suggest that companies can enhance financial performance by intensifying their carbon emission reduction efforts while also contributing to environmental stewardship. We recommend that businesses adopt tailored sustainability strategies that account for country, firm, and industry-specific factors to maximize these benefits across different regional and sectoral contexts.

Assessing the impact of regional coordinated development on a low-carbon future: Evidence from the Beijing-Tianjin-Hebei Coordinated Development Strategy

The Beijing-Tianjin-Hebei Coordinated Development Strategy (BTHCDS) is an important way for China to explore the construction of an ecological civilization. Whether it can effectively reduce carbon emission (CE) not only affects the quality of the strategy’s implementation but also has important implications for optimizing the low-carbon development model of the urban agglomeration and advancing the “dual carbon” process of China. Based on the panel data between of 30 provinces between 2004 and 2019, this study employed the synthetic control method (SCM) to construct a counterfactual path and assess the impact of BTHCDS on CE reduction at both the whole regional and provincial levels. The results show that the BTHCDS has a positive leading role in shaping the region’s low-carbon future and can drive the overall CE reduction in the Beijing-Tianjin-Hebei region at an annual rate of 9.38%. Despite short-term fluctuations in implementation, the CE reduction effect of BTHCDS has shown a steady trend of expanding overall. The CE reduction effects of BTHCDS exhibit heterogeneity across individual provinces, but there is no “pollution haven.” This study enriches research on the effect of regional coordinated integration development on CE reduction and provides an important policy reference for low-carbon development in other urban agglomerations.

Significance of sustainable management practices and policy robustness in achieving carbon neutrality in KSA and UAE

Countries are under significant pressure from climate change due to high levels of carbon emissions, and they are working towards carbon neutrality (CN). This is particularly relevant for Saudi Arabia and the United Arab Emirates, which heavily rely on fossil fuels. Therefore, this study aims to suggest solutions for these countries. Specifically, it examines how sustainable management practices (SMP) impact CN. Additionally, it explores the moderating role of strong policies in the relationship between SMP and CN. To strengthen the study's findings, data were collected from 795 respondents across 244 firms in industries like oil, gas, iron, and copper extraction, selected based on their carbon emissions and potential for adopting sustainable practices. Using ordinary least squares regression, the study found that SMP has a significant positive effect on CN. Moreover, strong policies significantly enhance the relationship between sustainable practices and CN in both countries. Policymakers are encouraged to reinforce environmental regulations and offer incentives for adopting green technologies and practices. Effective policies can ensure the consistent use of SMP, leading to a significant reduction in carbon emissions.

Multi-Scenario land cover changes and carbon emissions prediction for peak carbon emissions in the Yellow River Basin, China

Research on future land cover changes and carbon emissions is essential for effective land resource management and developing feasible carbon mitigation strategies. This study focused on the Yellow River Basin and employed the Future Land Use Simulation (FLUS) and Autoregressive Integrated Moving Average (ARIMA) models to project future land cover and carbon emissions. Additionally, bivariate spatial autocorrelation was utilized to analyze the relationship between them. Key findings are as follows: 1) Historically, the Yellow River Basin has experienced an expansion in construction land, forests, grasslands, and water, while cropland and unused land have diminished. Notably, construction land displayed the most significant changes, whereas grasslands showed minimal modification. Looking ahead, both the ecological protection and inertial development scenarios exhibit consistent trends with historical patterns across the land type categories. In contrast, the economic priority development scenario forecasts an increase in construction land, cropland, and grasslands, indicating a distinct shift compared to the other scenarios. However, the ecological protection scenario proves to be more sustainable. 2) In the absence of intervention, the simulated carbon emissions from construction land throughout the basin display a linear increase across various scenarios, with provincial-level variations showing an increase from southwest to northeast. However, Henan and Sichuan are expected to experience slower reductions in carbon emissions, compared to other projections. There is a notable positive correlation between carbon emissions and the comprehensive index, indicating that regions with high emissions typically experience substantial land and economic development. 3) Energy consumption projections for 2030 and 2060 indicate that to align with China’s carbon goals, it is essential to reduce energy consumption and adjust the fossil to non-fossil fuel ratio to reduce carbon emissions. Substituting coal with clean energy and enhancing energy efficiency will be more effective for achieving low-carbon emission targets. In summary, this study provides significant guidance for China’s ecological conservation, low-carbon emission strategies, and global carbon emission control efforts.

High-temperature heat pumps in industrial heating networks: A study on energy use, emissions, and economics

Industrial heat significantly contributes to global primary energy use and primarily relies on fossil-fuel combustion. Recovering residual heat in the industry offers a means to reduce overall energy use. However, the temperature and amount of residual heat available varies widely across industrial sites. Some may have a large amount of residual heat available at relatively high temperatures, while others may not have any residual heat available. Furthermore, for most industries, the residual heat available is at temperatures below 100 °C, while the heat demands are at higher temperatures. Hence, clustering these industries by industrial heating networks, using high-temperature heat pump integration, could offer a promising solution. Research on this concept regarding energy use, emissions and economics is however lacking in the literature. This study however distinguishes and subsequently compares three different heat network configurations in terms of their energy use, carbon emissions and financial appraisal. These configurations include a ‘consumer based heat upgrading network’, a ‘supplier based heat upgrading network’ and a ‘supplier based heat upgrading network with an additional hot water network’. For this purpose a generic methodology is developed, using first and second law principles completed with empirical data for performance and costs. The methodology is applied to data collected from ten companies clustered within the North Sea Port, Ghent (Belgium). The results indicate that the first configuration exhibits the most efficient use of energy and consequently also has the lowest carbon emissions. In addition it also has the lowest levelized cost of heat. This configuration shows, depending on maximum supply temperature of the heat pump, a potential reduction in carbon emissions ranging from 70 % to 80 % in comparison to natural gas boilers. Considering low gas prices, a positive financial appraisal is difficult without carbon taxation. On the other hand, an evaluation during the energy crisis of 2021–2022 indicates that the even without carbon taxation, the levelized cost of heat decreases by 19 % compared to a gas boiler at a maximum heat pump temperature of 160 °C. It was also found that in scenarios of dynamic energy prices a hybrid configuration of a consumer based heat upgrading network and a natural gas boiler could lower the LCOH compared to the individual solutions, by up to 7.6 % compared to the best individual solution. This is done by activating the technology with the lowest operational cost in each time frame.

The risk of increasing energy demand while pursuing decarbonisation: the case of the e-fuels in the EU aviation sector

The European Union target of a net-zero economy by mid-century requires an unprecedented effort in the reduction of carbon emissions. Aviation is among the most difficult sectors to decarbonize, and since direct electrification is unlikely to become a viable option in the short-term, other alternatives are considered, including biofuels and e-fuels. The blending mandates recently approved in the ReFuelEU Aviation package (35% of e-fuels at 2050) will require devoting an important amount of renewable electricity to produce e-fuels, increasing the relative weight of aviation with respect other sectors in terms of energy consumption. Aviation accounts today for 13% of the EU27 (2019) energy consumption for transport, while in 2050 this is expected to reach the 22%. This “magnifying effect” for the energy required by the sector, due to the low overall conversion efficiency of e-fuel production, will likely foster a competition for the access to renewable energy. This shift toward the aviation sector may occur to detriment of other applications potentially most effective in decreasing carbon emissions per unit of electricity. This apparent dichotomy between GHG reduction and energy efficiency could reduce the actual effectiveness of existing policies and the possibility of fostering similar initiatives in other countries.

The role of government integrity in the impact of environmental taxes on comparative advantage in environmental goods and climate change in emerging markets

The goal of this study is to examine how environmental taxes influence the comparative advantage in environmental products and carbon emissions within emerging economies. To gain a better understanding, we examine whether this impact changes depending on the level of government integrity. This study utilizes panel autoregressive distributed lag (ARDL) techniques and a two-step generalized method of moments (GMM) dynamic panel model to ensure accuracy. The results indicate that increased environmental taxes mitigate the comparative advantage in environmental goods for emerging markets. However, for countries with high levels of government integrity, higher environmental taxes enhance their competitive edge in environmental goods. Additionally, our findings show that although a rise in environmental taxes is associated with higher carbon emissions, raising such taxes results in a reduction in carbon emissions for emerging economies with solid government integrity. These findings suggest that robust political institutions are crucial in promoting the comparative advantage of emerging markets in environmental goods and mitigating climate change. In the absence of substantial confidence in political or governmental institutions, the efficient implementation of climate taxes poses considerable challenges. Furthermore, we observe that an increase in the comparative advantage of environmental goods results in a decrease in carbon emissions.

An evolutionary game study on carbon emission reduction considering a reward and punishment allocation mechanism: from the perspective of low-carbon service suppliers participation

An evolutionary game study on carbon emission reduction considering a reward and punishment allocation mechanism: from the perspective of low-carbon service suppliers participation

Circular economy efficiency improvements contribute to achieving Net-Zero: Empirical evidence from China

In response to the pressing challenges of climate change and resource scarcity, the circular economy (CE) has gained recognition as a vital strategy for reducing carbon emissions while sustaining economic growth. Despite its potential existing studies often lack clarity in measuring Circular Economy Efficiency (CEE) and in elucidating the mechanisms by which CE drives carbon reduction and contributes to Net-Zero. This study employs the Epsilon-Based Measure (EBM) to assess CEE and uses a two-way fixed effects model to evaluate its impact on carbon emission reduction across 285 Chinese cities from 2010 to 2020. Our findings indicate that improvements in the CE significantly reduce both carbon emissions and carbon intensity. Notably, the CE effectively reduces emissions in cities in eastern and western China, whereas central cities experience an increase in emissions, reflecting spatial disparities in CE practices. The mechanism analysis identifies green technology innovation, production structure rationalisation, and reduced resource dependence as critical pathways driving these reductions. The robustness checks confirm that the results are consistent and reliable. These findings underscore the importance of enhancing the CE to decrease carbon emission and emphasise the need for targeted CE strategies tailored to the specific characteristics of urban areas to effectively decarbonise cities and support Net-Zero.

Enhanced SO2 and CO2 synergistic capture with reduced NH3 emissions using multi-stage solvent circulation process

NH3-based SO2 and CO2 synergistic capture technology shows promise in reducing the costs associated with current flue gas desulfurization and CO2 capture systems. However, it faces challenges such as NH3 slip and high energy consumption. In this study, we proposed an advanced Multi-Stage Solvent Circulation (MSC) process that incorporates a desulfurization-washing solution circulation, which involved partitioned absorption according to different functions of SO2 capture, CO2 capture, and NH3 emission control. The experimental results demonstrated that using desulfurization solution in place of water for washing reduced the NH3 emissions from the absorber and desorber by 10.6 % and 7.9 %, respectively. Additionally, the recovered NH3 enhanced SO2 capture, resulting in a 61.8 % decrease in SO2 emission concentration. A pilot-plant trial model for SO2 and CO2 synergistic capture was further developed using Aspen Plus. The impact of operational time and parameters on capture efficiency and energy consumption were analyzed. Under typical flue gas conditions, the process achieved SO2 capture efficiency of > 99 %, regeneration energy consumption of 2.42 GJ/t CO2, NH3 emissions of < 5 ppm. This study presents a novel approach for designing a SO2 and CO2 synergistic capture system, which has the potential to facilitate the economic and effective implementation of post-combustion flue gas pollutant control management and carbon emission reduction.

Toward high-integrity forest carbon market of ethnic minority groups in Dak Lak province, Vietnam

Forest carbon markets have demonstrated numerous benefits across economic, social, and environmental dimensions, while also advancing sustainable development goals. This study examines the primary policy mechanisms and conditions related to the development of high-integrity forest carbon markets in Dak Lak province, Vietnam. Utilizing a combination of SWOT analysis and the DPSIR framework, the study provides a comprehensive evaluation of the opportunities, challenges, driving forces, pressures, potential impacts, and responses associated with developing these markets. The Gold Standard method was also employed to estimate the potential contribution to carbon emission reductions through the new forest planting programs in the province. Data analysis from 202 households and in-depth interviews with fifteen experts revealed that local residents have limited information about the forest carbon market. While forest management officials at various levels are aware of the market, there is a lack of specific guidance, limited participation in training sessions and workshops, and insufficient instructional materials. Dak Lak holds significant potential for carbon emission reductions, with an estimated average forest carbon storage capacity of 7.5 tCO2/ha/year for an afforestation/reforestation (A/R) carbon project. This initiative is projected to contribute approximately $753,972 annually to the province’s GRDP and generate 280 jobs for local communities. However, the technical and financial resources are challenging in the province. The study identifies critical issues and proposes appropriate solutions to support Dak Lak in developing high-integrity forest carbon markets in alignment with the national roadmap, ultimately contributing to the achievement of sustainable development goals.