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Home News Vietnam Briefing

Project88 Highlights the Lack of Transparency and Public Participation in Vietnam’s Climate Change Policy

The Vietnamese Magazine by The Vietnamese Magazine
26 August 2024
Reading Time: 7 mins read
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Key Events:

  • Project88 Report: Vietnam Fails on Fulfilling Just Energy Transition
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Project88 Report: Vietnam Fails on Fulfilling Just Energy Transition 

A report recently released by civil society organization Project88 found that Vietnam has continued to rely on coal-fired energy and a crackdown on civil society groups despite its commitment to transitioning into clean energy under the Just Energy Transition Partnership (JETP). JETP provides financial grants to developing countries to achieve net zero emissions.

The report, titled “Apocalypse soon? Vietnam’s unjust energy transition,” published on Aug. 15, also highlights the lack of transparency in Hanoi’s energy transition policy and how the bulk of the funding, which totals around $15.5 billion, comes in the form of commercial loans rather than in financial grants. The JETP grants only account for 2% of the promised funds. Project88 argues that the risks of putting the country into debt could make Hanoi hesitant to accept financial assistance. 

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Tags: CybersecurityHuman RightsMontagnardsNguyen Chi TuyenVietnam Briefing
The Vietnamese Magazine

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