China Net Zero
China’s pledge to halt financing coal abroad to cancel 40GW project pipeline
China’s pledge to halt financing coal abroad to cancel 40GW project pipeline
This will result in an investment gap of $30b to $40b.
China needs RMB200t investment to reach net zero by 2060
An average of RMB5t worth of funds a year is needed to decarbonise its economy.
Wind power to play a key role in China’s net-zero ambition: WoodMac
Onshore wind will take up 82% of China’s 408 GW new capacity between 2021-2030.
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