日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

For India, China-backed lender may be answer to coal investment

(Agencies) Updated: 2014-11-06 08:30

For India, China-backed lender may be answer to coal investment

A mine worker looks at stacks of coal in an open-cast steam coal mine located in the Ordos mining district, Inner Mongolia Autonomous Region, March 14, 2014. [Photo/Agencies] 

India is hoping a new China-backed multilateral lender will fund coal-based energy projects, an official said, putting it in direct conflict with the World Bank, whose chief has maintained that it would stick to its restrictions on such lending.

A senior Indian official told Reuters the Asian Infrastructure Investment Bank (AIIB), sponsored by China, is expected to allow funding of coal-fired power plants that the World Bank has almost totally blocked.

"When you have 1.3 billion people starved of electricity access and the rest of the world has created a carbon space, at this point denying funding is denying access to cheap energy," said the official, who spoke on condition of anonymity.

India sits on the world's fifth-largest reserves of coal, and the commodity generates three-fifths of India's power supply. But the demand for electricity far outstrips supply, and according to data compiled by the World Resources Institute in 2012, proposals have been made to set up 455 new coal-fired plants in the country.

Research house Integrated Research and Action for Development said earlier this year India needs to invest $250 billion in the power sector by 2017.

Since 2013, the World Bank's energy strategy limits the financing of coal-fired power plants to "rare circumstances".

"We have got to redouble and redouble again our efforts at fighting climate change," World Bank President Jim Yong Kim told Reuters in an interview in Seoul on Wednesday. "And our way of doing it is to just do everything we can to avoid coal."

Kim has said the World Bank has not signed any agreements to support coal-based power plants since he took office in July, 2012.

The Asian Development Bank (ADB), a multilateral lender dominated by the United States and Japan, says it will selectively support coal-based power projects if cleaner technologies and other safeguards are adopted. Last year, it approved a $900 million loan to help build a 600 megawatt coal-fired plant in Pakistan.

The articles of agreement of the AIIB, which will include its lending strategy, will not be finalised until the end of 2015, Chinese officials have said.

For India, China-backed lender may be answer to coal investment

For India, China-backed lender may be answer to coal investment

 Asian Infrastructure Investment Bank will guide capital  ADB to work together with China-proposed AIIB

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 久久免费福利视频 | 丝袜美腿亚洲综合 | 精品国产999久久久免费 | 国产精品嫩草影院桃色 | 欧美在线视频网 | 一区二区三区在线观看免费 | 九九热九九 | 免费在线观看亚洲 | 久久蜜臀精品av | 中文国产 | 欧美一区三区 | 欧美第一页在线 | 中文字幕在线精品 | 全部免费毛片在线播放一个 | 深夜国产 | 99色在线| 午夜秋霞网 | 国内毛片毛片毛片 | 久中文字幕 | 日韩精品第二页 | 欧美性生交 | 午夜私人影院在线观看 | 国产999精品视频 | 国产网站在线免费观看 | 成人免费网站 | 精品一区二区在线观看 | 欧美亚洲视频 | 久久九九精品 | 久久男人的天堂 | 综合中文字幕 | 亚洲国产一区二区三区在线观看 | 天堂网亚洲 | 亚洲黄色av网站 | 亚洲人成在线免费观看 | 色播99| 成人在线视频免费看 | а中文在线天堂 | 亚洲欧美一区二区三区四区 | 成人一区二区在线观看 | 宅宅导航福利av | 日本aⅴ在线观看 |