브리핑: 2020 년 4 월 한국의 해외 석탄 투자 위험이 커지다

South Korean public financial institutions face up to $6 billion in stranded asset risks due to investments in overseas coal power plants, particularly in Indonesia and Vietnam. This trend contradicts the South Korean government's 'Green New Deal' policy to phase out public funding for coal. The economic viability of coal is declining as solar and wind power costs drop, and the COVID-19 pandemic has further disrupted construction schedules and reduced electricity demand. Specific high-risk projects include the Jawa 9 and 10 plants in Indonesia and the Bung Ang 2 plant in Vietnam. Meanwhile, private financial institutions and several Southeast Asian nations are increasingly transitioning away from coal toward renewables.

• South Korean public financial institutions have invested $5.6 billion in overseas coal-fired power plants that are either under construction or operational, with significant exposure in Vietnam ($4.3 billion), Indonesia ($1.2 billion), and Chile ($100 million).
• The South Korean government's 'Green New Deal' policy, announced in March 2020 by the Democratic Party of Korea, aims to phase out public funding for both domestic and overseas coal, which directly conflicts with ongoing funding efforts for the Jawa 9 and 10 plants in Indonesia.
• Economic modeling suggests that by 2028, installing new solar and onshore wind capacity in Southeast Asia will be cheaper than operating existing coal plants, meaning coal plants starting construction in 2020 may have an operational life of less than five years.
• The COVID-19 pandemic has exacerbated the financial instability of coal projects by lowering electricity demand and causing construction delays; Global Energy Monitor identified 15 coal plants negatively impacted by the pandemic.
• In Indonesia, South Korean public financial institutions (KDB, Korea Eximbank) are considering participating in $2.3 billion of financing for the 2,000 MW Jawa 9 and 10 projects, with South Korean loan portions potentially reaching $1.55 billion.
• Vietnam is rapidly transitioning to renewables, with solar capacity growing from 134 MW in 2018 to an estimated 5,500 MW in 2019, and a target of 6,000 MW of offshore wind by 2030.
• The financial crisis of Doosan Heavy Industries, which received 1 trillion won in emergency funding from KDB and Korea Eximbank in March 2020, is attributed to its heavy reliance on coal power equipment (70-80% of revenue) rather than just the pandemic.

APA

Global Energy Monitor (2020). 브리핑: 2020 년 4 월 한국의 해외 석탄 투자 위험이 커지다. https://globalenergymonitor.org/sites/default/files/migration/reports/SKRisks-Korean-R5_11.pdf

Chicago

Global Energy Monitor. 브리핑: 2020 년 4 월 한국의 해외 석탄 투자 위험이 커지다. 2020. https://globalenergymonitor.org/sites/default/files/migration/reports/SKRisks-Korean-R5_11.pdf.

Wikipedia

{{cite report |author=Global Energy Monitor |title=브리핑: 2020 년 4 월 한국의 해외 석탄 투자 위험이 커지다 |date=April 2020 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/SKRisks-Korean-R5_11.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{globalenergymonitor20202020, author = {{Global Energy Monitor}}, title = {{브리핑: 2020 년 4 월 한국의 해외 석탄 투자 위험이 커지다}}, institution = {Global Energy Monitor}, year = {2020}, month = apr, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/SKRisks-Korean-R5_11.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }