Biggest China bank abandons $3 billion Zimbabwe coal plan
Industrial and Commercial Bank of China Ltd. told Go Clean ICBC that it won’t fund the 2,800-megawatt Sengwa coal project in northern Zimbabwe.
China
130 countries agree to global minimum corporate tax rate
130 countries around the world — including, crucially, China and India — agreed on a 15% minimum corporate tax rate to combat tax dodging. Any profitable firm with revenues over $24 billion will be included from the start, with that number expected to decline to $12 billion in time.
WHO declares China malaria-free after 70 years of efforts
China has become the 40th country to be declared malaria-free. It has not had an indigenous case for four years.
Plant-based foods on the rise in China
In 2018, the country’s domestic plant-based meat industry was $910 million and experiencing a yearly growth-rate of 14.2 percent.
China passes landmark law protecting the Yangtze River
With 96 separate provisions for the river system spread across nine chapters of legislation, it is the largest environmental protection bill the rivers of China have ever seen, and will enter into force on March 1.
China adds record-breaking 72 GW of wind power in 2020
China’s 2020 wind power additions more than doubled the previous record set in 2019. For further perspective, only 60 GW of wind power was added globally in 2019.
Chinese fast food chain swaps all chicken eggs with plant-based versions
The chain, which has about 500 locations in China, is the first major fast-food company to outright replace items made with animal products with a plant-based version.
Plastic straws and single-use bags vanish from China as ban kicks in
In China, 2020 was bid farewell with a flurry of fireworks and the scratching off of 200 million metric tonnes of plastic straws from the nation’s pollution inventory.
China will open its huge FAST telescope to scientists globally
The “Sky Eye” parabolic dish is the world’s largest Aperture Spherical radio Telescope (FAST) used for spotting pulsars and other energetic astronomical targets.
Chinese island province of Hainan bans all disposable plastics
Plastic polymer food containers, forks, drink cups, knives, straws, plastic bags, packaging bags, and other items that are not biodegradable are no longer allowed to be sold at major establishments like supermarkets, hospitals, government and state-owned buildings like schools, and tourist attractions.