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Unanswered Questions About G-20's Green Financing Agenda

The China-led Asian Infrastructure Investment Bank (AIIB) recently created some surprise when it claimed credit for green financing by citing an electricity transmission project it is funding in Bangladesh. The move openly flaunts arguments by environmental activists who oppose moves to support projects connected to the use of coal. But AIIB president Jin Liqun argued the project proposes to replace old systems that result in huge transmission losses, and thus force thermal plants to...

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