A Chinese backed solar plant in Cafayate, northern Argentina. Such projects would be given the green light by regulators under new proposals for Chinese overseas investment Credit: Alamy/ChineseDialogue
BEIJING, Jan 15 2021 (IPS) - A government-backed coalition of international advisors to the Belt and Road Initiative (BRI) has recommended that China apply more stringent environmental controls over its overseas investments. If adopted, this would be a major departure from China’s usual approach of deferring to host country rules, many of them inadequate, for regulating its overseas investments.
High-level advisors, including former UNEP chief Erik Solheim and green finance heavyweight Ma Jun, propose a system to categorise Chinese overseas investments based on their polluting, climate and biodiversity impacts.
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The Electricity Authority of Cambodia hopes that by 2030 some 70 per cent households would have grid-quality electricity. Hong Menea
Powering up on coal but at what cost?
Thu, 21 January 2021
The haste to expand economic growth and achieve rural electrification has drawn Chinese interest and though China is closing down fossil fuel plants in its country as emissions rise, Cambodia prefers to look the other way
‘Yes,” Ministry of Mines and Energy spokesman Victor Jona briefly replied to a question about the assembly of two Chinese decommissioned 350-megawatt (MW) coal-fired plants on the shores of Sihanoukville’s Stueng Hav coastal district.
A Chinese backed solar plant in Cafayate, northern Argentina. Such projects would be given the green light by regulators under new proposals for Chinese overseas investment Credit: Alamy/ChineseDialogue
BEIJING, Jan 15 2021 (IPS) - A government-backed coalition of international advisors to the Belt and Road Initiative (BRI) has recommended that China apply more stringent environmental controls over its overseas investments. If adopted, this would be a major departure from China’s usual approach of deferring to host country rules, many of them inadequate, for regulating its overseas investments.
High-level advisors, including former UNEP chief Erik Solheim and green finance heavyweight Ma Jun, propose a system to categorise Chinese overseas investments based on their polluting, climate and biodiversity impacts.
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