Luang Prabang dam and hydropower pursuits along the Mekong: Should banks finance them as ‘clean energy’ projects?

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Eco-Business 1d ago

Luang Prabang dam and hydropower pursuits along the Mekong: Should banks finance them as ‘clean energy’ projects? - Eco-Business

Quick Summary:

The 1,460-MW dam, under construction near a UNESCO World Heritage Site, will see all its electricity sold to Thailand, but critics say the nation is facing an energy oversupply.

This report takes a closer look at how these deals are backed.

Sarinee Achavanuntakul, head of research for Fair Finance Thailand (FFT), a coalition of civic society organisations (CSOs) monitoring the impacts of Thai banks’ lending activities, tells Eco-Business that it is not uncommon that CSOs are kept in the dark when it comes to the financing of hydropower projects.