Chinese overseas development financing of electric power generation: A comparative analysis
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下载链接：
https://datacommons.princeton.edu/discovery/doi/10.34770/3yxs-4588
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资源简介：
Global power generation must rapidly decarbonize by mid-century to meet
the goal of stabilizing global warming below 2 degree Celsius. To meet
this objective, multilateral development banks (MDBs) have gradually
reduced fossil fuel and increased renewable energy financing. Meanwhile,
globally active national development finance institutions (DFIs) from
Japan and South Korea have continued to finance overseas coal plants. Less
is known about the increasingly active Chinese DFIs. Here we construct a
new dataset of China’s policy banks’ overseas power generation financing
and compare their technology choices and impact on generation capacity
with MDBs and Japanese and South Korean DFIs. We find Chinese DFI power
financing since 2000 has dramatically increased, surpassing other East
Asian national DFIs and the major MDBs’ collective public sector power
financing in 2013. As most Chinese DFI financing is currently in coal,
decarbonization of their power investments will be critical in reducing
future carbon emissions from recipient countries.
提供机构：
Princeton University
创建时间：
2020-10-09
