There are several reasons why China finally takes part in a cooperation framework with the lower Mekong countries. One of them is allow China to enter a ‘damage control’ diplomacy.
If the Electricité Du Cambodge provides a secured power purchase agreement and attractive prices, AIIB is likely to fund solar projects in the Cambodia.
To manage resources sustainably in a changing world, you need information. Good decisions require comprehensive, accessible, easy-to-use data.
Over the past three decades (1988-January 2017) China has invested $19 billion in Myanmar, far more than any other country.
Investing in nature is not a waste of money or a drain on profit margins. On the contrary, such investments are just as important as the concrete and steel needed to build dams and reservoirs.
Myanmar has seen massive city development plans and a construction boom. But often these decisions are made without considering long-term environmental impacts.
If developed as planned, the 50 large hydropower projects would permanently segment watersheds, flatten the peaks and valleys of the flood pulse and trap nutrient-rich sediment behind dams.
A peaceful sit-in protest against a coal-fired power project has drawn attention to the “flaws in state development planning”.
The nitiative needs basic infrastructure, but cannot solely rely on mega projects worth billions of dollars. The infrastructure projects have to match the industrialization level of the host country, or they cannot be sustained.
Resident Trump’s decision to withdraw the USA from the landmark Paris climate accord must not become a distraction from urgent global efforts to combat climate change.