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a big auditorium with a green background and a large crowd facing the stage
Dubai, United Arab Emirates

Vietnam Officially Announces a US$15.8 Billion Energy Transition Plan

Vietnam recently officially announced a plan to mobilize resources through the Just Energy Transition Partnership (JETP) at COP28 with IPG.

The plan will focus on 8 groups of tasks, including perfecting institutions and policies to promote energy transition; promoting the conversion of coal power to clean energy; and  developing industrial ecosystems and  renewable energy services .

Along with that, Vietnam will also focus on economical and efficient use of energy; Upgrade the power transmission and distribution system, accelerate the roadmap to build a smart power system, and develop an energy storage system; Green energy conversion, reducing greenhouse gas emissions in the transportation industry.

This is a summary. Read the full story in Vietnamese on theLEADER.

This story was produced as part of the 2023 Climate Change Media Partnership, a journalism fellowship organized by Internews' Earth Journalism Network and the Stanley Center for Peace and Security. It was first published in Vietnamese by theLEADER on December 1, 2023 and has been translated and lightly edited for length and clarity.

Banner image: The crowd at COP28 / Credit: UNFCCC, Kiara Worth.