The proposed #GreenMarshallPlan is the #BRI but green. Two goals:
"The first is to facilitate the developing world’s energy transition.
The second is to stabilise #China’s domestic economy. The United States and European Union are raising barriers against Chinese green energy products entering their markets. This could exacerbate China’s domestic overcapacity problem and weaken economic growth if China does not find new markets for its green energy products."
& I'd go one step further - We really do need to develop a #GreenMarshallPlan - It's the only way many countries will be able to move to climate friendly energy and industry.
And it has a lot of potential to help address other problems and challenges - for both the wealthy countries and the recipients (assuming the implementation centers on local community engagement in the planning and implementation)
Such as a faster learning curve in manufacturing and deploying - capturing insights from numerous projects in various conditions
Such as opportunities to develop skilled workforces in low-wealth countries - as the skills needed to install, operate, repair and manage low GHG renewables and industry are highly transferrable skills
Such as opportunities for improved shared learning on a regional and global level, with the #GreenMarshallPlan acting as the convener of conferences (hopefully more constructive than #COPOut28)
@Schouten_B @breadandcircuses Agreed. ANd we need an environmental equivalent of the Marshall Plan (DO I hear supprot for a #GreenMarshallPlan supporting developing countries to improve quality of life without massive GHG increases?
We could have interrupted deployment of coal plants (and all the non-GHG impacts) if it wasn't for the outsize political influence of the Fossil Carbon industries. (We enabled Chinas devastating Belt and ROad initiative (https://www.cfr.org/blog/climate-challenge-and-chinas-belt-and-road-initiative) because the US, Canada, EU, Japan did not want to support infrastructure development - the "market" would do that if it was worthwhile.)
CelloMom On Cars
Paul Wermer, CC BY-NC-SA 4.0