Opportunities abound in China-ASEAN low-carbon investment cooperation: official

Xinhua News Agency

 

With the international community coming to a consensus on green and low-carbon transition and concrete action being taken, there is plenty of opportunity for cooperation on low-carbon investment between China and the Association of Southeast Asian Nations (ASEAN), a Chinese official said Thursday.

Su Wei, vice secretary-general of the National Development and Reform Commission (NDRC), made the remarks at a workshop on China-ASEAN low-carbon investment cooperation.

The two sides should maintain institutionalized exchanges, strengthen experience and information sharing, as well as supply-demand matching, promote pragmatic cooperation on green projects, and boost green financial support, he said.

Nuki Agya Utama, executive director of the ASEAN Center for Energy, said that ASEAN members, while enhancing mutual learning, should also seek financing and technical support from the outside, and develop policies that will attract and promote low-carbon investment to improve the region’s future energy security.

Zou Ji, CEO and president of Energy Foundation China, called on all parties to strengthen coordination and open up room for economic growth with green and low-carbon investment, consumption and trade.

The event, co-organized by the Belt and Road Center of the NDRC, the ASEAN Center for Energy, and the Energy Foundation China, attracted over 150 participants to discuss issues including energy access, renewable energy, power grids and electric transportation. (Xinhua)

Popular

PH now ‘future-ready’ for digital realm with launch of 1st AI-driven data hub — PBBM

By Brian Campued Advancing the vision of a smarter and more digitally connected “Bagong Pilipinas,” President Ferdinand R. Marcos Jr. led the launch of the...

4 iconic Filipino figures to get Presidential award

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. will posthumously confer the Presidential Medal of Merit on four iconic Filipino...

PBBM, First Lady to attend Pope Francis’ funeral

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. and First Lady Liza Araneta-Marcos will be attending the funeral of Pope...

PBBM, Japan PM Ishiba to meet April 29

By Brian Campued President Ferdinand R. Marcos Jr. is set to meet Japanese Prime Minister Ishiba Shigeru at Malacañan Palace on April 29, the Presidential...