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Debate intensifies on future of coal 15:00 | 11/05/2021 After one major South Korean coal-fired power financier decided last month to withdraw its participation in foreign markets in the sector, questions have arisen on the feasibility of planned coal-based ventures. However, several experts evaluate the move as a signal for Vietnam to step up the transition from fossil fuels to renewable energies. Experts point out that dependence on coal will harm attempts to reach emissions targets. Photo: Le Toan President Moon Jae-in at the Leader’s Summit on Climate on April 22 announced that his country, South Korea, would stop investing in coal power abroad. Meanwhile, Vietnam is considering expanding coal-fired power projects in its most recent Power Development Plan 8 (PDP8).

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