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: 欧美日韩精品 | 三级黄色片免费 | 日本三日本三级少妇三级66 | 华人永久免费 | 国产精品一二三四区 | 国产无套精品一区二区 | 亚洲综合成人在线 | 伊人久久中文 | 午夜色综合 | 免费视频污 | 青草综合| 91精品久久久久久久久 | 亚洲国产精品久久久久久6q | 国产美女视频免费 | 午夜视频www | 亚洲视频一二区 | 成人一区二区三区四区 | 男女拍拍拍网站 | 超碰一级片 | 欧美一区在线视频 | 五月婷婷色丁香 | 成人国产免费 | 国产又粗又黄又爽的视频 | 免费黄色片在线观看 | 成人福利视频网站 | 日韩欧美国产高清 | 国产乱码精品一品二品 | 三级理伦 | 亚洲免费一区二区 | 午夜丁香 | 国产精品三级视频 | 日啪 | 自拍欧美日韩 | 中文字幕亚洲专区 | 国产在线专区 | 久久tv | 国产亚洲精品久久久久久 | 欧美一级特黄aaaaaa在线看片 | 男人天堂中文字幕 | 男人天堂亚洲天堂 | 狠狠操在线 |