Table China: China’s international coal-exit has a transparency problem

“China has announced its intention to phase out financing of overseas coal-fired power. But the details remain unclear. For example, will China also stop projects that have already been started? Wawa Wang and Dr. Vanessa Buth from the non-governmental organization Just Finance International, which campaigns for more transparency in public procurement, reviewed China’s numerous coal projects in the Western Balkans. They urge the EU and Germany to call on China to disclose its overseas coal policies.”

China Dialogue:Coal-powered industrial parks test Indonesia’s climate pledges – and China’s too

Industrial parks at three of Indonesia’s nickel hotspots – Obi Island, Morowali and Weda Bay – aim to have 14 coal power plants with 71 turbines, totalling 12,579 MW, according to GEM data. That’s more than double the 6,109 MW of captive power the nation’s nickel industry already has in operation. Tsingshan, which runs the… Continue reading China Dialogue:Coal-powered industrial parks test Indonesia’s climate pledges – and China’s too

Capital Monitor: China is stopping financing coal power overseas – so what?

Capital Monitor: China is stopping financing coal power overseas – so what?

if the announcement only applies to projects announced from September 2021 onwards, it will have “very few climate-saving impacts because negotiation and implementation of any agreement for coal takes years” and the average coal-fired power plant operates for at least 40 years, says Wang Wawa, programme director at Just Finance International.

Reaction to EU Parliament Resolution on forced labour in Serbia’s Linglong tyre factory and environmental protests in Serbia

Brussels, 16 December 2021: Reacting to the passing of an EU Parliament vote on an urgent resolution on forced Vietnamese labour in Serbia’s Linglong tyre factory, and environmental protests in Serbia [1], Wawa Wang, program director of Just Finance International, said: “The overwhelming majority of Members of the European Parliament today recognised there is a… Continue reading Reaction to EU Parliament Resolution on forced labour in Serbia’s Linglong tyre factory and environmental protests in Serbia