Skip to main content

China's 'Belt and Road' risks Paris climate goals: Analysis


The massive network of ports, railways, roads and industrial parks spanning Asia, Africa, the Middle East and Europe will see trillions invested in new infrastructure across 126 countries.

Published: 02nd September 2019 11:38 AM  |   Last Updated: 02nd September 2019 11:38 AM  |  A+A A-

OBOR also known as the Belt and Road Initiative (BRI) is failing to gain any traction in Europe, according to Sheikh. (Photo | ANI)

By AFP

PARIS: Carbon-heavy development in countries part of China's Belt and Road Initiative could render the Paris climate goals unreachable, according to a new analysis on the gargantuan global infrastructure project released Monday.

The massive network of ports, railways, roads and industrial parks spanning Asia, Africa, the Middle East and Europe will see trillions invested in new infrastructure across 126 countries.

While the Chinese state is putting up a significant part of the cash, the project will also see other national and private-sector investment, and opponents warn of its devastating environmental impact.

An analysis of the possible carbon footprint of infrastructure development in Belt and Road (BRI) countries said there was a significant risk of the initiative alone producing enough greenhouse gas emissions to derail the Paris climate goals.

The 2015 accord enjoins nations to cap temperature rises to "well below" two degrees Celsius (3.6 Farenheit) above pre-industrial levels.

The Tsinghua Center for Finance and Development said that the 126 Belt and Road Initiative (BRI) countries excluding China currently account for 28 percent of manmade emissions.

It modelled the effects of different approaches to the development of megaports, pipelines, train lines and highways in 17 BRI countries.

It found that countries such as Russia, Iran, Saudi Arabia and Indonesia would need to lower carbon emissions 68 percent by 2050 compared to current trajectories in order to keep the world on course to 2C of warming.

"We have a business-as-usual scenario that says if you continue the way you are then even if every other country on the planet -- which includes US, Europe, China and India -- goes on a 2C pathway, this is still going to blow the carbon budget," said Simon Zadek, senior visiting fellow at the Tsinghua Center.

"The BRI growth dynamic is so large that if you get the carbon (emissions) wrong in a way it doesn't matter anymore what anyone else does.

"The report said emissions by 2050 from all BRI countries could be 39 per cent lower if they followed industrial "best practice" by employing greener technology.

China -- the world's top carbon polluter -- currently produces around 30 per cent of manmade CO2, although on a per capita basis its emissions are roughly on a par with Europe.

Beijing has been praised with taking strong action on domestic air pollution but has come in for criticism for its fossil fuel investment outside of China.

Zadek said that China needed to have "policy consistency" with regards to emissions, both at home and abroad in BRI nations.

The United Nations estimates that two-thirds of the world's 2050 infrastructure has yet to be built.

Zadek said the BRI was an opportunity for the world to decarbonise while expanding trade and growth opportunities.

He suggested establishing an international platform to support green finance initiatives across BRI countries, as well as applying mandatory environmental assessments for Chinese investments in the project.

"Is it easy? Can we do it by tomorrow morning by 9 o'clock? Of course not," he said.

"But we've taken care to set out what each pathway would look like. It can be done." The Tsinghua analysis was co-authored by Vivid Economics and the ClimateWorks Foundation.

 

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed.
Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area”
For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number”
Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell you …

The Rise of China-Europe Railways

https://www.csis.org/analysis/rise-china-europe-railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…

China's Raise as a Maritime Power

China's Rise as a Maritime PowerOcean Policy from Mao Zedong to Xi JinpingTAKEDA Jun’ichiSenkaku IslandsApr 23, 2014 PDF Download1. IntroductionThe international community has been viewing China's recent moves relating to the seas as representing "maritime expansion," and the Chinese themselves have come to talk about making their country a maritime power. In the political report he delivered in the autumn of 2012 to the eighteenth National Congress of the Communist Party of China, which stands at the top of the country's power structure, General Secretary Hu Jintao declared, "We should enhance our capacity for exploiting marine resources, develop the marine economy, protect the marine ecological environment, resolutely safeguard China's maritime rights and interests, and build China into a maritime power."1 This was Hu's final report as the top leader of the CPC; after delivering it he stepped down from his posts as general secretary and chairm…