To successfully achieve a peaking and rapid decline in emissions, China will need increased efforts on energy efficiency, a successful transformation of the economic growth model, or even higher investments into clean energy.
In this groundbreaking report tracking China’s climate transition, the Centre for Research on Energy and Clean Air (CREA) assessed China’s progress in curbing emissions against 19 different benchmarks and carried out a survey of 26 Chinese energy sector analysts and experts.
The business of the AIIB is the financing of large infrastructure projects such as power plants, dams and transport routes. Such investments are inherently associated with high environmental and social risks, as well as corruption and high levels of debt. This study provides an overview of the institution's close alignment with China and its transparency and information disclosure rules.