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Home » News » G7 Offers Vietnam Over $300 Million in Grants to Reduce Coal Use Amid Funding Debate
News

G7 Offers Vietnam Over $300 Million in Grants to Reduce Coal Use Amid Funding Debate

By John GarciaOctober 30, 20233 Mins Read
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The Group of Seven (G7) members have extended an offer of more than $300 million in grants to Vietnam to support the country's plans to curtail coal usage. However, the breakdown of the financial package, recently disclosed in documents reviewed by Reuters, indicates that the lion's share comprises loans—a point of contention, as Vietnam has

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Asian Development Bank Funding Infrastructure Renewable energy Southeast Asia Vietnam
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