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      • HANOI: The Group of Seven (G7) industrialised nations has agreed with Vietnam to fund the Southeast Asian country's transition away from coal with $15.5 billion, two Western sources told Reuters on Wednesday. The deal is expected to be announced later on Wednesday on the sidelines of a summit of EU and Southeast Asian leaders in Brussels.

      G7, Vietnam reach $15.5 billion climate deal to cut coal use ...

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  3. www.reuters.com › business › energyG7 nations to provide Vietnam with $15.5 bln to cut coal use

    Dec 14, 2022 · Vietnam, among the world's top 20 coal users, was initially slated to sign the "Just Energy Transition Partnership" with G7 nations at the global COP27 climate summit in November, but...

  4. vn.usembassy.gov › international-agreement-toInternational Agreement to Support Vietnam’s Ambitious ...

    The Vietnam JETP builds on the UK-launched G7 Partnership for Global Infrastructure and Investment (PGII), which aims to narrow the infrastructure investment gap in developing countries. G7 leaders agreed in June 2022 to move forward in negotiations with countries on JETPs, which are a core delivery mechanism of the PGII.

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  6. www.reuters.com › sustainability › climate-energyVietnam, at COP28, details plan to use $15.5 billion funding ...

    Dec 1, 2023 · DUBAI, Dec 1 (Reuters) - Vietnam's Prime Minister Pham Minh Chinh said on Friday that his country has forged a plan with G7 governments and lenders for how it would use an agreed multi-billion...

  7. www.reuters.com › business › energyG7 makes new $15 billion offer to Vietnam to cut coal use ...

    Dec 7, 2022 · Vietnam, which is among the world's top 20 coal users, was initially slated to sign up for the so-called just energy transition partnership with G7 nations at a global COP27 climate...

  8. apnews.com › article › denmark-norway-vietnamG7 agrees $15.5B energy deal with Vietnam to cut emissions

    Dec 14, 2022 · BERLIN (AP) — A group of nine rich industrialized nations approved a deal to provide Vietnam with $15.5 billion to help the Southeast Asian nation move faster from coal power to renewable energy, cutting its climate-damaging pollution.

  9. www.straitstimes.com › world › g-7-nations-offerG-7 nations offer Vietnam $21b to cut coal use, speed up ...

    Dec 15, 2022 · Vietnam, among the world’s top 20 coal users, was initially slated to sign the “Just Energy Transition Partnership” with G-7 nations at the global COP27 climate summit in November, but...

  10. globalnews.ca › g7-vietnam-renewable-energyG-7 approves $15.5B deal to help Vietnam shift to renewable ...

    Dec 14, 2022 · By using the money to expand its electricity grid and increase renewable energy production, Vietnam will be able to bring forward its target for peaking emissions from 2035 to 2030.