Analysts paint a straightforward picture explaining why a planned 32 GW new coal pipeline should be shelved.
Chinese energy companies are looking overseas for profits, bringing promises to poorer countries of BRI funding for coal-fired power plants. These countries could account for some 50 per cent of global emissions by 2050.
The combination of threats, particularly flooding, worsening pollution, and competition among sectors for water in the dry season, could cut GDP by about 6 percent annually by 2035.
Some 50,000 acres of land area near Thanlyin, Yangon, has been earmarked for the development of both the port and SEZ. “We need an international standard deep sea port as 90 percent of national sea trade relies on Yangon’s ports.
“Damage has been done to some extent to the river’s ecosystem by urban development and economic expansion. We need to protect the river immediately,” said the minister of Natural Resources and Environmental Conservation in Mandalay Region.
Nicknamed Cambodia’s “beating heart,” the vast Tonle Sap Lake is Southeast Asia’s largest. Now, the country is trying to stop the loss of its lifeblood: the fish that thrive in these waters.