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G7 offer Vietnam 15 billion dollars for coal phase-out

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Published: December 8th, 2022,
Last updated: May 27th, 2025

The G7 countries have offered Vietnam a new 15 billion dollar deal for a faster coal phase-out. This was reported by Reuters citing three people familiar with the negotiations. The funding is to flow as part of a „Just Energy Transition Partnership“ (Climate.Table reported). At COP27, the talks between the Western countries and Vietnam had been discontinued without result.

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G7 Vietnam Coal phase-out JETP Just Energy Transition Partnership