乐鱼体育

Past Event

Shining a Light on a Greener Belt and Road: Chinese Solar Power Investment in Southeast Asia

As one of the most vulnerable regions to climate change, Southeast Asia is witnessing the world鈥檚 biggest jump in greenhouse gasses. The International Energy Agency estimates that the region鈥檚 energy demand will grow by 66 percent by 2040, with coal accounting for almost 40 percent of this increase. Since President Xi Jinping launched China鈥檚 Belt and Road Initiative (BRI) in 2013, Chinese investment in coal and gas have intensified in Southeast Asia. that 75% of the $145 billion BRI loans from China鈥檚 major banks have supported fossil fuel energy projects, including $10 billion for coal plants. Although China produces 90% of the world鈥檚 solar panels, Chinese solar power companies are a notably small part of BRI energy investments, but with President Xi calling for a 鈥済reener鈥 BRI, this could change.  

At this CEF meeting, speakers will provide stories of China鈥檚 energy engagement in Southeast Asia, highlighting the opportunities for China to play a bigger role in supporting the region鈥檚 clean energy transition. Courtney Weatherby (Stimson Center) will review China鈥檚 role as an energy investor in Southeast Asia and explore the growing interest for solar and other renewables to meet region鈥檚 future energy demand. She also will share stories of new clean energy targets and policy shifts in Vietnam, Thailand and Cambodia. Sam Geall (chinadialogue) will discuss the Chinese government鈥檚 ambitious plan to add over 10 GW capacity of solar photovoltaic power to benefit over 2 million rural households across China by 2020. He will talk about how these solar initiatives in China could inform the government鈥檚 efforts to increase clean energy investments in the Belt and Road Initiative. Darrin Magee (Hobart and William Smith Colleges) will delve into how an interconnected smart grid linking solar power plants in Cambodia with hydropower plants in China鈥檚 Yunnan Province could balance energy supplies and reduce the need for more hydropower in the region.



 






 

Speakers

Hosted By

China Environment Forum

China鈥檚 global footprint isn鈥檛 just an economic one, it鈥檚 an environmental one. From BRI investments in Africa and Asia to its growing presence in Latin America, understanding China鈥檚 motivations, who stands to gain - and who stands to lose - is critical to informing smart US foreign policy.    Read more

China Environment Forum