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China / key documentsChina's Three Gorges Dam: A Model of the Past
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Failed Mechanism: Hundreds of Hydros Expose Serious Flaws in the CDM
(Bali) The Kyoto Protocol's Clean Development Mechanism (CDM) is set to provide massive subsidies to hydropower developers while increasing greenhouse gas emissions, according to an investigation by International Rivers. As of November 1, 2007, 654 hydro projects had received or applied to receive carbon credits from the CDM. If approved, these credits would provide hydro developers with a windfall of around a billion dollars each year. Hydro is now the most common technology in the CDM, representing a quarter of all projects in the project pipeline. Related content:
China’s Role in Financing African InfrastructureView this page in: Chinese
As part of its going-out strategy, China is rapidly expanding its economic cooperation with Africa. China Exim Bank plays an important role in this cooperation. The policy bank is financing more than 250 projects in Africa, primarily in the infrastructure sector. Related content:
Yunnan Hydropower ExpansionJohn Dore and Yu Xiaogang Update on China's energy industry reforms and the Nu, Lancang and Jinsha hydropower damsThe purpose of this research paper is to provide a brief update on what is happening in Yunnan – looking at the Nu, Lancang and Jinsha rivers – and then situate this within the wider context of China’s changing political economy. There are two key messages this report seeks to deliver. First, there is a need for China to revisit the energy policy, including the hydropower component, in the light of the new direction signalled by the New and Scientific Development Concept announced in 2003 by China’s new political leadership, and reinforced by President Hu Jintao at the 10th National People’s Congress (NPC) meeting in March 2004. Second, there is a need to overhaul energy development governance processes including: option formulation, debate, evaluation, negotiation and monitoring. The approval and impact assessment processes are two key areas requiring strengthening. Related content:
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