Page 1 - AsiaElec Week 39 2021
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Issue 601 29•September•2021 Week 39
$4 trillion per year needed
SEB’s latest Green Bonds Report has placed a price of $4 trillion per year on the energy
transition if the world is to reach net zero by 2050
China abandons coal financing
China’s promise to abandon financing coal projects overseas could affect a total 44 coal
plants across Asia and Africa, with a combined 42,220MW of capacity
CLP’s no coal goal
Hong Kong’s CLP Group is to close its fleet of coal-fired power plants across the world
gradually by 2040, 10 years earlier than previously planned