China is making good RI progress, despite its contradictions

Columbia Threadneedle Investments
By October 22, 2021 09:26

China is making good RI progress, despite its contradictions

China is a double-edged sword: it is the world-leading renewables developer, installing more than double the gigawatt (GW) capacity of its nearest competitor over the past decade both in terms of wind and solar power (Figure 1), but at the same time it has seen the highest coal capacity additions over the same period – nearly quadruple that seen in India. The Chinese government announced it is aiming to reach peak coal emissions by the end of the current five-year plan ending in 2025, but new coal plants with 40-year life spans do not fit well with a 2060 net zero emissions target. China is a country of great progress and great opportunity, but also of contradictions.

Asset Manager

Uw succes is onze prioriteit

Miljoenen mensen wereldwijd laten het beheer van hun belegging aan ons over. Particuliere, professionele en institutionele beleggers vertrouwen in totaal €500bn (per 30 juni 2021) aan ons toe. Wij stellen alles in het werk om consistent de financiële behoeften en doelstellingen van onze cliënten te vervullen. Uw succes is onze prioriteit.

Prosper van Zanten
Head of Benelux Distribution
Tel: +31 (0)2 262 4022

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Columbia Threadneedle Investments
By October 22, 2021 09:26

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