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: 在线视频一区二区 | 一级欧美一级日韩片 | 久久精品aaaaaa毛片 | 91在线精品观看 | 日韩精品免费一区二区在线观看 | 超碰10000| 国产精品色婷婷 | 午夜激情在线视频 | 日本一区二区三区中文字幕 | 久久一道本 | xxx久久久 | 99re7| 久久久精品久久 | jizz日本免费 | 四虎影视精品 | 中文字幕国产日韩 | 哥布林的洞窟在线观看 | www.国产精品.com | 成人黄色在线播放 | 香蕉精品视频在线观看 | 亚洲最大中文字幕 | 日韩福利视频导航 | 最近2019中文字幕大全第二页 | 99精品视频免费观看 | 一区二区三区国产在线 | 午夜激情在线观看 | 免费国产a | 国产成人精品网站 | 日韩激情一区二区 | 五月激情婷婷网 | 69国产精品 | 亚洲色图欧美视频 | 日本高清免费aaaaa大片视频 | 精品视频一区二区三区在线观看 | 欧美日韩色综合 | 看av网址| 国产美女激情视频 | 亚洲天堂自拍 | 国产一区免费看 | 亚洲成人精品视频 | 99国产精品久久久久久久 |