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

Cabinet execs to improve work, out if PBBM not satisfied – Palace

By Ruth Abbey Gita-Carlos | Philippine News Agency All heads of agencies and offices will continue to serve and still have the chance to improve...

PBBM challenges Cabinet amid reset: Finish projects on time, within budget

By Brian Campued Amid his call for mass resignation from his Cabinet members, President Ferdinand R. Marcos Jr. directed agency heads to make sure that...

PBBM ready to join bicam budget deliberations if needed — DBM

By Brian Campued President Ferdinand R. Marcos Jr. is willing to join the bicameral conference committee’s budget deliberations, if needed, to ensure that the proposed...

Gov’t mapping out protocols, traffic plan for EDSA rehab

By Darryl John Esguerra | Philippine News Agency The Department of Public Works and Highways (DPWH) said Wednesday that key transport and traffic agencies are...