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This report has been replaced with an updated version. See the new Banking Climate Failure report here.

COAL FINANCE IN VIETNAM

Analysis

Revealed: QBE insuring new coal plant construction in Vietnam

9 June 2022 A briefing released today by the international Insure Our Future campaign and Korea-based Solutions For Our Climate reveals that Australian insurer QBE is providing insurance for the construction of the Nghi Son 2 coal-burning power station in Vietnam, and...

Stuck in the pipeline: Vietnam’s coal projects stall while renewables surge

August 2019 Fifty-seven per cent of Vietnam's planned coal power capacity has faced repeated delay, with postponements to 93% of the projects financed by private, often foreign investors, under the "build-operate-transfer" model. Across the projects, investors are...