Download report The study “China coal exit: Opportunities for China-led financing of early phase down of coal-fired power plants in Pakistan and Vietnam” evaluates the financial impact of early retirement of coal-fired power plants (CFPPs) in Asia, specifically focusing on six Chinese-sponsored plants in Pakistan and Vietnam. The research was…
In a new report, Florian Wengel (Centre of Sustainable Finance, SOAS University of London), Christoph Nedopil (GFDC), and Uli Volz (also Centre for Sustainable Finance) analyze the opportunities for accelerated coal phase-down and green energy expansion in Vietnam. >>Download “Sunrise and sunset – Accelerating coal phase down and green energy expansion in…
In a new report, Ziying Song, Christoph Nedopil (both GFDC), Haneea Asad (IEEFA Pakistan) and Muhammad Basit Ghauri (Renewables First Pakistan) analyze the opportunities for accelerated coal phase-down and green energy expansion in Pakistan. >> You can download the report here Executive Summary Pakistan like many nations, faces the urgent…
On May 15, 2023, the Vietnamese government released Vietnam’s Eight Power Development Plan (PDP8) for the period of 2021-2030, with a vision to 2050. The release was severely delayed due to disagreements in the authorities regarding the country’s future power mix, particularly the pace of the phase down of coal-fired…
The text is based on an article published in Science on March 16, 2023 by the author. More information, including a copy of the paper, can be found online here. The reduction of environmental risks, such as climate change and biodiversity loss, is a challenge requiring global cooperation. It is…
Download here The role of scenarios for valuing early coal retirement opportunities In this issue brief, we introduce three future scenarios to better evaluate the value of coal-fired power plants (CFPPs) for possible early retirement. We invite all interested friends and partners to share their thoughts & feedback on these…
This article was originally published by the China Council for International Cooperation on Environment and Development (CCICED). On March 28, the Chinese government published a key policy document on the further greening of the Belt and Road Initiative (BRI), entitled “Opinions on the Joint Implementation of Green Development in the…
Key findings Download pdf BRI finance and investments stabilized in 2021 at US$ 59.5 billion (compared to US$ 60.5 billion in 2020);No coal projects received financing or investments in 2021;Green energy finance and investments in the BRI slightly increased to a new high in 2021 at US$6.3 billion (compared to US$ 6.2 billion in…
Highlights Download pdf Between 2014 and 2020, about USD160 billion of Chinese-backed coal-fired power plants were being planned or announced outside of China;More than USD65 billion of Chinese-backed coal-fired power plants have been either shelved, mothballed or cancelled since 2014, with more projects seeing delays in construction;In 2019 and 2020,…