Vietnamese minority communities, particularly minority women, are at the forefront of the climate crisis. They are developing their own coping strategies to deal with extreme weather.
The London-based bank’s cancellation of its role as financial advisor for the 1,980-megawatt Vinh Tan 3 coal power plant in Vietnam marks the latest move by a major international lender against coal.
The decreasing alluvia sedimentation loads of the Mekong River as a result of upstream dam building, together with the excessive sand mining downstream in the delta, is seen as a major driver.
The LMC has provided China and Cambodia with the opportunity to bypass obligations and bilaterally construct the Sambor Dam in Cambodia.
No elephants have crossed the Mekong in the past decade, and movement routes and gene flow of Asian elephants living on either side have been blocked by a Chinese reservoir.
The cost so far have been especially high environmentally, as has seen Vietnam’s worsening air, water and soil pollution, not to mention destruction of forests and other natural resources.
Finance Minister warns new solar power rates proposed by the Ministry of Industry and Trade would erase all incentive to develop solar power over other sources.
The ministry has said this could result in a smaller rice harvest year on year in 2020, a significant decline considering the rice sector is still one of the mostly rural nation’s main employers.