Measuring the Economic Impacts of a Wind Power Project in Viet Nam
Publication | January 2024
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This brief demonstrates the importance of measuring the benefits of Viet Nam’s 144-megawatt Lotus Wind Power Project and defining its economic and social impacts as the country ramps up its renewable energy generation.
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The brief shows how the ADB-financed project contributed nearly $90 million to Viet Nam’s gross domestic product during construction, and is forecast to generate almost $14 million of annual earnings in the next 20 years. It explains how modeling the impact of renewable projects can guide policy decisions and underscore the need to create a conducive environment for green energy investment as countries step up their transition toward net zero.
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