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Opinion / #renewable energy
Vietnam has grand plans to build a series of nuclear power plants. But it faces several challenges.
Vietnam’s stalled Chinese-backed solar factories underscore how Global South nations must demand technology transfer and value addition – not just capital inflows – from China’s expanding overseas clean-tech investments.
Despite political gridlock within countries and at global summits, climate change and ecological degradation are creating undeniable economic momentum. As renewables scale up, fossil fuels will become even less competitive; and as ecosystems degrade, markets will price in the risks and reward those who adapt.
Even as governments pour trillions of dollars into roads, power grids, data centers, water systems, and housing, the construction industry has yet to leverage the efficiency gains that AI and digitalisation have to offer. Given how important the sector will be for sustainable development, this must change.
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