ASEAN Agrifood Systems Gear Up for Carbon Markets as Hanoi‑Led Climate Workshop Eyes Article 6 Deals

Southeast Asian governments are ramping up efforts to plug their agriculture and food systems into global carbon markets , with Vietnam hosting a regional workshop that aims to turn climate‑smart farming into a bankable asset class ahead of COP30. The three‑day “Asia‑Pacific Regi

Sophie Aldridge

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Sophie Aldridge

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Jan 27, 2026

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2 min

ASEAN Agrifood Systems Gear Up for Carbon Markets as Hanoi‑Led Climate Workshop Eyes Article 6 Deals

Southeast Asian governments are ramping up efforts to plug their agriculture and food systems into global carbon markets, with Vietnam hosting a regional workshop that aims to turn climate‑smart farming into a bankable asset class ahead of COP30. The three‑day “Asia‑Pacific Regional Workshop on Scaling Climate Solutions in Agrifood Systems,” held in Hanoi and supported by the UNDP Climate Promise, brings together officials and experts from Cambodia, India, the Philippines, Thailand and Vietnam, with Laos and others engaged through regional networks.

The project focuses on preparing agrifood sectors to participate in Article 6 mechanisms under the Paris Agreement, which govern international carbon‑credit trading and cooperative approaches. Countries are being helped to design mitigation activities across agriculture, livestock, forestry, land use, energy and waste that can generate high‑integrity credits while supporting food security and rural livelihoods.

Working with Japan’s Institute for Global Environmental Strategies (IGES), the initiative is developing country‑specific Article 6 readiness roadmaps, including technical assessments, stakeholder consultations and financing strategies. Sessions in Hanoi cover climate‑smart technologies, MRV (monitoring, reporting and verification) for agriculture, and the Joint Crediting Mechanism (JCM) used in several Asian pilots.

Vietnam’s Ministry of Agriculture and Environment is using the workshop to showcase national priorities, including its flagship low‑emission rice and forestry programmes, while also pushing for regional alignment through the ASEAN Climate Resilience Network (ASEAN‑CRN), for which the Mekong Institute acts as secretariat. The goal is to ensure that climate‑smart agriculture efforts dovetail with ASEAN’s broader climate and food‑security strategies.

For Thailand, the Philippines, Cambodia and Laos, participation offers a chance to move beyond fragmented pilot projects and into scaled, financeable pipelines of climate‑smart activities—ranging from alternate wetting and drying in rice paddies to agroforestry and manure management in livestock. The FAO’s regional readiness report, building on an earlier Southeast Asia workshop, emphasises the need for clear baselines, robust data systems and institutional capacity if countries are to avoid being sidelined in a rapidly professionalising carbon market.

Investors in the Gulf, Japan, Korea and Singapore are watching these developments closely. Climate‑conscious buyers of rice, coffee, rubber and seafood increasingly want traceable, low‑emission supply chains, and credible Article 6 projects can offer both environmental outcomes and compliance‑grade credits. Gulf sovereign funds and agribusinesses see potential to co‑finance irrigation, logistics and digital‑monitoring infrastructure in exchange for long‑term offtake and carbon‑revenue shares.

At the same time, civil‑society groups caution that carbon‑market engagement must not undermine land rights or food security, particularly for smallholders and indigenous communities. Workshop organisers stress safeguards and inclusion, arguing that well‑designed projects can channel new finance into rural areas while strengthening resilience to climate shocks.

If ASEAN can build a coherent, Article‑6‑ready portfolio of agrifood mitigation activities by COP30, it could emerge as a global reference point for integrating food systems, climate finance and carbon markets. That would have significant implications not only for farmers in Vietnam and Thailand, but also for food‑importing regions like the Gulf and North Africa that depend on a stable, sustainable Southeast Asian supply base.

Sophie Aldridge

Written by

Sophie Aldridge

Senior correspondent · Banking & Capital Markets

Sophie spent a decade on a debt capital markets desk before swapping the trade for the typewriter. She covers banks, regulators, and the underwriting decisions most readers never see. Sharpest on fixed income and balance-sheet stress; partial to central bankers who pick up the phone. Based in Riyadh. Reach out at sophie.aldridge@theplatinumcapital.com.