Mongabay: U.N., rights groups flag potential violations in $3b Indonesian tourism project

By providing core finance for the project, AIIB must take responsibility for its complicity in bankrolling the Mandalika project, where its client and project proponents have been implicated in inflicting human rights violations and fueling land conflicts.

New Statesman: China’s global coal machine won’t be stopped so easily

By Nick Ferris, New Statesman, 12 May 2022 China has pledged to stop funding coal plants around the world but loopholes mean new ones are still being built. Some suggest that weak transparency requirements in China for public investments will allow the country to continue investing in projects that go against climate action goals. “If… Continue reading New Statesman: China’s global coal machine won’t be stopped so easily

Grid: China’s promise to stop building coal plants overseas is full of caveats and loopholes

“I think the pledge is quite limited because it addresses the ‘new’ aspect only,” said Wawa Wang, program director of Just Finance International, adding that the government’s definition of “new” allows China to continue building dozens of plants.

Energy Monitor: Should we be worried about coal’s resurgence?

Nick Ferris, Energy Monitor, 20 April, 2022: One of the big climate wins of 2021 was the announcement from China, Japan and South Korea that they would no longer fund new coal plants overseas. For China, this was massive: the country had long been the biggest funder of coal plants worldwide, with these projects forming a… Continue reading Energy Monitor: Should we be worried about coal’s resurgence?

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