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26 Sep 2016

China: Country's pledge to become global green power undercut by overseas expansion of coal power plants

"China…[t]he world’s largest carbon emitter aims to reposition itself as a global green power…. However, these efforts are being undercut by Chinese backed coal power plants planned and under construction from Indonesia to Pakistan, Turkey to the Balkans –as well as in Africa and Latin America. These could boost global emissions and lock developing countries into fossil fuel intensive energy systems for decades. …Chinese banks are particularly opaque: “Policy driven Chinese financial institutions have yet to adopt information disclosure and accountability policies to protect the rights of affected communities…”