Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/190307 
Year of Publication: 
2018
Series/Report no.: 
ADBI Working Paper No. 886
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
Viet Nam's energy sector has made considerable strides in recent years in achieving high percentage of nationwide electrification and a relatively diversified energy mix that is dominated by hydropower, followed by gas and coal. However, sustaining those achievements including addressing gradually depleted domestic resources, keeping pace with growing energy demand from the energy-intensive economy and meeting ambitious climate change targets under the Nationally determined contributions in Paris Agreement need to call large sums of new investment, particularly in renewables. If those necessary investments are not satisfied, it will further increase Viet Nam's dependence on imported coal to cater its future energy needs with substantial negative environmental, health, climate change and economic consequences. Based on the existing challenges, the authors make recommendations including establishing more conducive conditions for private investment and strengthening the domestic funding environment through a functional financial market.
Subjects: 
renewable energy
green finance
energy security
Viet Nam
JEL: 
F21
H23
Q42
Q54
Q58
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

Files in This Item:
File
Size
821.74 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.