Category

Energy Finance

Category

In order to achieve sustainable development, a fast energy transition from brown fossil fuels (such as coal, oil, gas) to 100% green renewable energies (such as wind power, solar power) is paramount.
IIGF is researching how BRI countries can transition their electricity generation to renewable energy to contribute to climate protection.

Highlights Download pdf Between 2014 and 2020, about USD160 billion of Chinese-backed coal-fired power plants were being planned or announced outside of China;More than USD65 billion of Chinese-backed coal-fired power plants have been either shelved, mothballed or cancelled since 2014, with more projects seeing delays in construction;In 2019 and 2020,…

On June 8, UK Mission to the European Union hosted a panel discussion on mobilizing finance and resources to protect biodiversity in preparation for the upcoming Convention of Biological Diversity (CBD COP15). The panel included: William Macfarlane, Director of Economics and Finance, UKMis BrusselsLaura-Louise O’Reilly, Head of Environment, UKMis BrusselsDr.…

China announced coal phase-out in Bangladesh In February 2021, China’s embassy in Bangladesh sent a letter to the local Ministry of Finance stating that “the Chinese side shall no longer consider projects with high pollution and high energy consumption, such as coal mining [and] coal-fired power stations”. Why did China…

On March 5 during the “Two Sessions”, China introduced its 14th five-year plan for 2021 to 2025, as well as the Government Work Plan. In it, China vows to focus on “green development”, to uphold the “30-60” promise of Xi Jinping for China to try to peak carbon emissions before…

We invite you to watch this year’s panel “The Green Development Agenda: A Green New Deal for Southeast Asia in the Post-COVID-19 Era?” of the Youth Economic Forum YEF that happened on March 6th, 2021. The panel featured high-level experts, including Desmond Tan, Minister of Sustainability and the Environment of…

Highlights Download pdf The outbreak of COVID-19 has accelerated many debt issues in Belt and Road Initiative (BRI) countries. In our previous brief on the debt issue in 52 selected BRI countries, we analyzed both the reasons for the pressing debt sustainability issues and the countries that are particularly vulnerable…