Cases / Oil, gas and coal operations · Vietnam · 2020–2021
Japan's JBIC financed Vietnam's Vung Ang 2 coal plant from an environment-labelled fund
Short record: the main facts, with sources. A full case file has not been prepared.
Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
Not on record
- The record does not name which of my species, waters, soils or forests were harmed.
The Japan Bank for International Cooperation provided $636 million for the Vung Ang 2 coal plant in Vietnam from a fund whose name refers to environmental protection. Japan had also pressed for exceptions to the G7's 2021 coal pledge.
What?
JBIC provided $636m for the Vung Ang 2 coal plant in Vietnam through an environment-labelled fund Climate Home News
Where?
Vung Ang, Vietnam
When?
Financing reported for 2020–2021 Climate Home News
Who?
Gained
- Developers of the Vung Ang 2 coal plant — financed with JBIC funds; the developers are not named in the reviewed material Climate Home News
Lost
None on recordHarmed
None on recordWhy?
Not stated in the sources reviewed.
How?
Public Japanese bank finance, drawn from a fund named after environmental protection Climate Home News
6 of 6 questions answered from the record
What happened
The record, in order.
The Japan Bank for International Cooperation (JBIC) provided $636 million for the Vung Ang 2 coal plant in Vietnam from a fund whose name includes environmental protection, according to Climate Home News.
Japan pressed for exceptions to be added to the G7's 2021 pledge on coal, Climate Home News reported.
In court and with insurers
Every proceeding and every insurer decision on record.
Lawsuits and rulings
No court case on record. No court has ruled on this case.
Insurers
No insurer decision on record.
What we don't know
Undisclosed, unproven, untried: recorded as data.
Nature
- Not measured Harm to nature: The record holds no measurement of harm to nature.
Record
- Insufficient Reported but not verified: the plant's capacity of 1,200 MW.
- Insufficient This item is reported but not verified. for this record.
- None on record The current status of JBIC's Batang, Vung Ang 2, Indramayu and Matarbari 2 projects is not known from the reviewed material.
Did the harm stop?
Not stated in the sources reviewed.
Who paid?
Not stated in the sources reviewed.
Sources
Voices on record: — Company or project— Government and regulators— Courts✓ Press and investigations— Communities and civil society— Researchers
Press and investigations
- Climate Home News report on JBIC financing of Vung Ang 2 coal plantClimate Home News · 2021-01-19