G20 billions feed Viet Nam's coal-fired future

(Vietnam Net, Hanoi, 18 January 2018) Vietnam is expected to receive loans in the billions of US dollars from some G20 nations for its many coal-fired power projects, helping the capital-thirsty country further ensure its growing demand for power. The US-based Natural Resources Defense Council (NRDC), an international non-profit environmental organisation with over three million members, two weeks ago released a report stating that Vietnam will be the second-biggest borrower from G20 nations for its coal-fired power development. G20’s five largest coal financiers include China, Japan, Germany, Russia, and South Korea.