Copenhagen, 22 September 2021:- Responding to China’s breakthrough announcement at the United Nations General Assembly on September 21 that it will ’’not build new coal-fired power projects abroad,” Just Finance International and the Western Balkan ‘end coal’ campaign monitoring Belt and Road Initiative coal projects in Southeast Europe welcome Beijing’s move to exit its international coal… Continue reading Response: China’s Pledge to End Coal Projects Met With Cautious Welcome in Europe
Tag: Belt and road initiative
UN raises human rights concerns for Beijing-based AIIB’s standalone Mandalika project in Indonesia
UN human rights experts raise serious concerns about a large-scale tourism project in Mandalika, Indonesia. “Where is accountability?” ask project affected communities in an article published by BenarNews. Wawa Wang, Just Finance’s program director, points to gaps in the funder Asia Infrastructure Investments Bank (AIIB)’s environmental and social framework system as partly to blame for… Continue reading UN raises human rights concerns for Beijing-based AIIB’s standalone Mandalika project in Indonesia
Radio Free Europe publish interview with Just Finance on Chinese Defense Companies
An increasing number of Chinese defence companies are active in the civilian market in the Western Balkan countries. Read the full interview (in Serbian) with Nils Resare, Senior Researcher at Just Finance here
Ivorian communities oppose the BRI San Pedro coal project
In September 2018, China Power Construction, a Chinese state-owned enterprise, signed an agreement with Ivory Coast’s S. Energies to fund and construct a 700 megawatt coal-fired power station in San Pedro. The coal power generation project has not undergone an adequate environmental impact assessment or land acquisition plan. The project is shrouded in secrecy and… Continue reading Ivorian communities oppose the BRI San Pedro coal project
The Diplomat: “China Is Changing Serbia From the Inside”
The gradual weakening of legal requirements for Chinese investments in Serbia is of real concern according to Wawa Wang and Nils Resare at Just Finance. Read the article in the Diplomat. Read more
The debacle of Chinese financed Kostolac B3 coal-fired power station in Serbia
China continues to be the top financier of coal-fired power internationally. Its state-owned enterprises and development banks are constructing and financing many of the world’s new coal projects, including in Europe where up to 3.5 gigawatts of capacity is planned with support from Chinese state entities. This is increasing the risk that countries participating in… Continue reading The debacle of Chinese financed Kostolac B3 coal-fired power station in Serbia
How Chinese investments compromise Serbian independence
Serbia has become a hotspot for large scale Chinese investments and lending in highly polluting industries. Some of the activities will leave a deep footprint in the environment and the rule of law. BRI-Europa presents an overview of the most problematic takeovers in the country and explain how they were approved without required transparency and procurement procedures.
EU MEPS worried about chinese influence in Serbia
The EU must strongly address the growing Chinese influence in Serbia and the impending ecological impacts thereof. Read More
EU-China leaders’ meeting: EU must do more to tackle legal breaches by Chinese companies in Europe, say civil society organisations
The European Union needs to step up its actions on violations of EU law by Chinese state-owned enterprises (SOEs) in Europe, warned civil society groups working in southeast Europe today (1), as European and Chinese leaders meet online in lieu of the postponed Leipzig summit. Chinese SOEs have been particularly active in southeast Europe in… Continue reading EU-China leaders’ meeting: EU must do more to tackle legal breaches by Chinese companies in Europe, say civil society organisations
Belt & road news: China’s Coal Projects Outside its Borders
As China presses ahead with coal-fired power projects outside its own borders, environmental critics are calling for legal controls. Advocates argued that China’s draft energy law, which has been in the works since 2007, does not do enough to prevent pollution in countries that participate in China’s massive Belt & Road Initiative (BRI) to build… Continue reading Belt & road news: China’s Coal Projects Outside its Borders