How China’s Belt and Road Initiative could lead Vietnam away from renewable energy and towards coal

SCMP

Even as China turns away from coal-fired power domestically, its financial institutions continue to fund coal plants overseas, including in countries like Vietnam, which have great potential for wind and solar power generation

Published: 4:00pm, 11 Jun, 2019

A a child on a Saigon waterbus brandishes a pinwheel as he passes Landmark 81, Vietnam’s tallest building, in Ho Chi Minh City on June 6. While Vietnam has enormous potential for wind and solar power generation, funding for coal-power electricity plants under China’s Belt and Road Initiative could derail its renewable energy push. Photo: Reuters

A a child on a Saigon waterbus brandishes a pinwheel as he passes Landmark 81, Vietnam’s tallest building, in Ho Chi Minh City on June 6. While Vietnam has enormous potential for wind and solar power generation, funding for coal-power electricity plants under China’s Belt and Road Initiative could derail its renewable energy push. Photo: Reuters

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