Agence Française de Développement (AFD) has commited a USD550 million commitment to support Vietnam’s energy transition and sustainable growth agenda.
The new funding will accelerate renewable energy expansion and low-emission transport initiatives under the Just Energy Transition Partnership. More than half of the pledged amount has already been mobilised through AFD-led projects. The agency’s next strategic phase will focus on three key pillars — sustainable energy, low-emission transport, and climate change adaptation to help Vietnam achieve net-zero emissions by 2050 and transition to a high-income, climate-resilient economy by 2045–2050.