China’s Belt and Road climate ranking may limit coal plants
A colour-coded classification for projects will help investors, according to the Belt and Road Initiative International Green Development Coalition
01 December 2020 - 18:00
Coal-fired power plants and metal smelters would require more stringent supervision and face tougher financing under a plan to improve evaluation of the environmental and climate impact of projects in China’s Belt and Road Initiative.
A colour-coded classification mechanism would help China’s government, financial institutions and companies make better assessments on risks associated with investments overseas, according to a report released on Tuesday by the Belt and Road Initiative International Green Development Coalition...
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