By the end of 2020, the AIIB could count 102 approved member countries. The participation of Europe’s largest economies as founding members of the AIIB was critical to the AIIB obtaining a triple-A credit rating from the world’s leading rating agencies. This paper provides an overview of the institution’s close alignment with China and the… Continue reading The Beijing-led Asian Infrastructure Investment Bank (AIIB) opened for business in 2016 and rapidly became a major actor in global finance
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?
Highway E-763, which connects Belgrade and Montenegro, has been built with impressive speed outside the Serbian city of Cacak. But local communities complain of noise, pollution and devastated eco systems. The main contractor, Chinese state-owned company CCCC, is accused of excavating gravel for the road without obtaining the necessary permits.
Pišu: Wawa Wang i Nils Resare 30/11/2021 Mile Krstić očekuje novog komšiju. Svega nekoliko stotina metara dalje od njegove kuće, pripremljeno je zemljište za izgradnju nove termoelektrane u Ugljeviku, bloka III, koji će graditi kineske i poljsko-kineske firme. Krstićevu kuću odranije okružuje velika rudarska industrija u ovom gradu. TE Ugljevik blok I, koji slovi kao… Continue reading Uprkos Xijevoj datoj riječi, Kina nije odustala od finansiranja termoelektrana na ugalj u Bosni i Hercegovini
Despite a pledge to stop financing coal power abroad, overseas coal power plants financed by Chinese banks and state-owned enterprises are still moving forward – including in Bosnia and Herzegovina. Read the full story by Wawa Wang and Nils Resare in the Diplomat here.
Mile Krstić is expecting a new neighbour: just a few hundred metres from his house, the ground has been prepared for the new coal-fired power station, Ugljevik III. His house is already surrounded by the city’s substantial coal industry: Ugljevik I, one of Europe’s most polluting coal fired station, are in front of it, and… Continue reading Chinese coal power still in Bosnian pipeline
G20 nations including China have agreed to ending public financing for international coal-fired power projects this year, following on from similar commitments by the G7 and the OECD. China, the world’s top financier for the construction of international coal-fired power projects, still currently has over 1.7 GW of planned coal-fired power plants and the 350 MW Kostolac B3 coal-fired power project under construction in the Western Balkan countries in Southeast Europe… Continue Reading
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
VedvarendeEnergi har sammen med seks andre internationale organisationer indsendt en kommentar til AIIB’s nye krav om sociale og miljømæssige vurderinger i forbindelse med investeringer i energiprojekter. Gennemsigtighed i projektprocessen er stadig et stort problem, især for udsatte grupper i samfundet. nvesteringsprojekter kan være problematiske – især hvis ikke påvirkede grupper har mulighed for at påvirke… Continue reading Syv internationale NGO’er dumper AIIB’s nye forslag til krav om sociale- og miljømæssige vurderinger
La fondation de la BAII, dont font partie les plus grandes économies européennes, a offert une victoire diplomatique à la Chine. Cette adhésion est justifiée pour qu’elle adopte les normes internationales les plus strictes. Seulement, ses principaux outils de transparence et d’accès du public aux informations restent évasifs. Lire la suite