Laos pioneers in using satellite technology for carbon credit calculation

07/08/2024 16:34
Email Print 3047
KPL (KPL/VNA) The Lao Government has signed a Memorandum of Understanding (MoU) with Carbon Credit Laos (CCL) and Carbon Registry Thailand (CRT) on cooperation in using satellite technology to calculate carbon credits.

(KPL/VNA) The Lao Government has signed a Memorandum of Understanding (MoU) with Carbon Credit Laos (CCL) and Carbon Registry Thailand (CRT) on cooperation in using satellite technology to calculate carbon credits.

Their cooperation marks the first time that advanced AI satellite technology will be used in Southeast Asia to prevent fraudulent carbon credit data.

This is a significant step under the Reducing Emissions from Deforestation in Developing Countries (REDD ) initiative, which focuses on reducing emissions from deforestation and forest degradation.

Lao Deputy Minister of Agriculture and Forestry Thongphath Vongmany said that Laos is proud to lead the region in using remote sensing technology for carbon credit initiatives.

He said it will be a great example in adopting satellite applications for carbon credit calculations, adding that this technology is crucial for reducing fraud, cutting costs, and speeding up processes, reinforcing the commitment to a greener future.

The official also said that this 170,559-ha project was just the beginning. With nearly 16 million hectares of forests, Laos has immense potential for future initiatives.

CCL Chairman Phouseuth Keophouvong said that the company is dedicated to using the most advanced technology for carbon credit calculation. This will greatly benefit communities in Laos.

Setting new standards, the pilot cooperation project represents a significant leap forward in carbon credit calculation, establishing new benchmarks for accuracy and transparency.

The goal is to improve how carbon content in forests is measured across Laos and the wider ASEAN region. Constant monitoring ensures that carbon credits maintain their value.

CRT Director Chalat Sundara said that the world is entering an era of transparency for carbon credits. People will soon see the real value of carbon credits.

 

 

 

KPL

ຂ່າວອື່ນໆ

    • Laos Releases Over 400,000 Fingerlings to Mark National Aquatic Animal Release DayGeneral

      Laos Releases Over 400,000 Fingerlings to Mark National Aquatic Animal Release Day

      7/13/2025 12:59:27 PM

      The Ministry of Agriculture and Environment, through the Department of Livestock and Fisheries, in partnership with the Vientiane Capital Department of Agriculture and Forestry and Hatxayfong District authorities, organized a major release ceremony on July 13 at the Vientiane Canal in Ban Nahai, Hatxayfong District, to mark National Fish and Aquatic Animal Release Day.

    • Laos Celebrates 70 Years of Women’s Empowerment and ProgressGeneral

      Laos Celebrates 70 Years of Women’s Empowerment and Progress

      7/12/2025 1:11:00 PM

      On July 12, A landmark seminar took place in Vientiane this week, marking the 70th anniversary of the Lao Women’s Union (LWU), a vital organization advancing the rights and wellbeing of women and children since its founding on July 20, 1955.

    • Lao Women’s Union Marks 70th Anniversary with National CelebrationGeneral

      Lao Women’s Union Marks 70th Anniversary with National Celebration

      7/10/2025 6:09:07 PM

      On July 10, 2025 – The Central Lao Women’s Union hosted a grand event at the Lao-ITECC Shopping Center to mark the 70th anniversary of the Lao Women’s Union (July 20, 1955 – July 20, 2025). The celebration was graced by Prime Minister Sonexay Siphandone, Mrs. Naly Sisoulith (First Lady), ministers, deputy ministers, Women’s Union leaders, international partners, and women representatives from across the country.

    • The Real Fertility Crisis? Young People are Denied Choice General

      The Real Fertility Crisis? Young People are Denied Choice

      7/10/2025 2:53:08 PM

      Across Asia and the Pacific, fertility rates are falling. Headlines warn of “population collapse,” and young people are often blamed – accused of turning away from parenthood. But the real crisis is not “too many” or “too few” births. It’s about whether young people can choose when and how to start or grow a family, on their own terms. For too many young people who ask the question: Can I build the life I want? The answer is no.

    • Phat Tich Pagoda preserves Vietnamese spirit in VientianeGeneral

      Phat Tich Pagoda preserves Vietnamese spirit in Vientiane

      7/10/2025 11:56:50 AM

      (KPL/VNA) The Phat Tich Pagoda in the Lao capital of Vientiane has long served as a spiritual home for the Vietnamese community, fostering unity and cultural sharing among them, according to its abbot Venerable Thich Minh Quang.

ຂ່າວ KPL Laos News

Top