Vietnam is undergoing clean energy transition at an accelerating rate and is considered the leader of clean energy transition in Southeast Asia, Shubham Rai, a research intern in the Southeast Asia and Oceania Centre at Manohar Parrikar Institute for Defence Studies and Analyses (MP-IDSA), India, wrote in an article.
In last December, Vietnam established a 15.5 billion USD Just Energy Transition Partnership with foreign partners, including the UK, the US, the EU and Japan. The partnership aims to hasten the reduction of carbon emissions and boost the use of renewable energy. According to the Just Energy Transition Partnership Plan, Vietnam is expected to achieve peak emissions in 2030 and net zero emissions by 2050, with the aim to generate 60GW of renewable energy in 2030.
