BRI, BRICS, & Global South~

China-led bloc renews call for West to pay trillions in climate funds for poor nations

26/07/2024 CEN_net 0

A bloc of developing countries has accused wealthy nations of a lack of transparency in their approach to climate financing while seeking to “dilute their legal obligations” to help poorer economies. A China-led bloc of four newly industrialised countries said rich countries needed to pay up “trillions of dollars” in climate finance, adding that developed countries were “backtracking” on their earlier pledges. “Historical emissions and the use of the world’s […]

China pledges to build energy cooperation with Russia

24/07/2024 CEN_net 0

China hopes that the two sides will actively strengthen cooperation in renewable energy and energy technology innovation, and promote green and low-carbon energy transformation. Xinhua reports that Chinese Vice Premier Ding Xuexiang said in talks with Russian Deputy Prime Minister Alexander Novak at the 21st meeting of the China-Russia Energy Cooperation Committee, that China is willing to work with Russia to build a high-level energy cooperation partnership. Ding proposed that […]

BRICS-member Brazil leads G20 with renewable energy surge

21/07/2024 CEN_net 0

In a striking demonstration of renewable energy leadership, Brazil has emerged as the top performer among G20 countries in harnessing green power, reaching 89% renewable electricity generation. Brazil has emerged as the top performer among G20 countries in harnessing green power. According to the latest findings from the global energy think tank Ember, Brazil generated a remarkable 89% of its electricity from renewable source in 2023, significantly outpacing the global […]

Brazil reveals plan to join Belt and Road Initiative

20/07/2024 CEN_net 0

Brazil’s president revealed on Friday that his administration was putting together “a proposal to join” the Belt and Road Initiative, China’s flagship infrastructure and investment project. Luiz Inacio Lula da Silva shared the news during an event announcing investments by the Brazilian Development Bank to renovate a highway between Rio de Janeiro and the city of Santos, site of the country’s main port. Describing a synergy between Chinese interests and […]

China & Brazil collaborate to enhance sustainable beef production

20/07/2024 CEN_net 0

A MODEL FOR OTHER COUNTRIES TO FOLLOW? China and Brazil launch a pilot scheme to improve beef production sustainability, addressing emissions and deforestation concerns while setting a global standard for transparency in the beef supply chain. China, the world’s largest beef importer, and Brazil, the biggest supplier, are embarking on a significant initiative to make beef production more sustainable. Their unique positions in the global beef industry give this collaborative effort […]

BRICS members China and Saudi Arabia sign world’s largest energy storage deal

17/07/2024 CEN_net 0

China’s photovoltaic inverter manufacturer Sungrow Power Supply on July 15, 2024 signed an agreement with Saudi Arabia’s Algihaz Holding for an energy storage project with a capacity of 7.8GWh. PV Magazine describe this as “amounting to the world’s largest grid-side storage order.” Sungrow Power Supply, the global leading PV inverter and energy storage system provider, secured the top spot in the 2023 global PV inverter shipment rankings according to S&P Global Commodity […]

China’s tech innovations benefits Global South electricity development

15/07/2024 CEN_net 0

China is at the technological forefront of electricity development and has provided the world with experience and practices in electricity innovation, according to a report issued on the sidelines of a high-level conference recently held in Beijing. At a sub-forum of the second high-level conference of the Forum on Global Action for Shared Development, the Global Energy Interconnection Development and Cooperation Organization (GEIDCO) issued the Research on Global Electricity Development […]

BRICS-member Brazil’s green power surge leads G20 with 89% renewable electricity

15/07/2024 CEN_net 0

In a striking demonstration of renewable energy leadership, Brazil has emerged as the top performer among G20 countries in harnessing green power. Renewable hydropower has long been the backbone of Brazil’s energy sector, but recent years have seen a surge in wind and solar contributions. In 2023, these two energy sources alone accounted for 21% of Brazil’s total electricity output, a steep rise from just 6% in 2016. Furthermore, Brazil […]

Uzbekistan and China join forces on desertification control

15/07/2024 CEN_net 0

Uzbekistan will collaborate with China in implementing technologies for the development of arid regions. The UzDaily media outlet (Uzbekistan) reports: “On the sidelines of the SCO forum on green development, a meeting took place between Uzbekistan’s Minister of Ecology, Environment, and Climate Change, Aziz Abduhakimov, and China’s Minister of Ecology and Environment, Huang Runqiu. Aziz Abduhakimov highlighted Uzbekistan’s readiness to closely collaborate with China’s National Council for Combating Sandstorms and Desertification and […]

China-built BRI mega port in Peru

05/07/2024 CEN_net 0

The new $3.5 billion Chancay megaport in Peru, built by China under the Belt and Road Initiative (BRI), is set to boost trade between South America and China, changing regional economic dynamics and raising concerns in the United States. The $3.5 billion deep-water port in Chancay, Peru, mainly owned by China’s Cosco Shipping, is causing concern in the U.S. The port, part of China’s BRI, aims to establish direct shipping […]