In the next three to five years, the JETP will provide at least $15.5 billion - half from donor governments and half from commercial banks - to speed up Vietnam's transition away from coal towards clean energy like solar and wind, and create jobs. Murton said this week that the deal represented a "really substantive set of changes" in energy policy that would help Vietnam move on a "much-improved climate trajectory" towards its goal of net-zero emissions by 2050, and encourage investment.
An InfluenceMap report spells out foreign pro-gas lobbying in Vietnam as environmental activists face mounting threats for speaking out against the government
The EU was struggling to bring Southeast Asia onboard with its environmental policies even before the Ukraine war began, but that conflict has further complicated Brussels' efforts to make its own supply chains greener.