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The Difference Between Reforestation & Afforestation

Emissions removal projects directly take CO2 out of the atmosphere through nature-based projects or human technology. This can include planting new forests, increasing tropical mangrove cover or using Direct Air Carbon Capture (DACC) facilities. By contrast, emissions avoidance or reduction projects seek to limit or halt sources of emissions into the atmosphere, such as switching from fossil fuels to renewable energy, protecting a forest that would otherwise be cleared, or capturing and utilising methane gas from landfill sites. Both approaches are seen as critical in the global effort to reach net zero emissions by 2050.

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This chart shows the total amount of man-made emissions created by the world's biggest polluters.
The amount of atmospheric CO2 has charted a steady climb higher. The Mauna Loa Observatory on the north flank of volcano of the same name

VCM

The Voluntary Carbon Market. Describes a market where project-based carbon credits are traded voluntarily and outside the scope of any national law (and regulation).
Vietnam’s national carbon market is set to move forward in 2025 with the start of a pilot phase, highlighting progress in a fast-developing regional carbon
Carbon leakage refers to the unintended migration of carbon-emitting activities away from a jurisdiction that restricts CO2 emissions, and towards a jurisdiction where no such

24 July 2025

GLOSSARY
VCM

The Voluntary Carbon Market. Describes a market where project-based carbon credits are traded voluntarily and outside the scope of any national law (and regulation).

17 July 2025

ARTICLE
Vietnam Moves Ahead with National Carbon Market in 2025

Vietnam’s national carbon market is set to move forward in 2025 with the start of a pilot phase, highlighting progress in a fast-developing regional carbon markets hub in Southeast Asia that also...

14 July 2025

GLOSSARY
Carbon Leakage

Carbon leakage refers to the unintended migration of carbon-emitting activities away from a jurisdiction that restricts CO2 emissions, and towards a jurisdiction where no such restrictions exist. For example, Europe's Emissions Trading System imposes a cost of CO2...

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