Lack of energy access and frequent electricity shortages are major impediments to economic growth in sub-Saharan Africa. Over 635 million people live without electricity in the region. Because the overall electrification rate remains at less than one-third of the population, the region needs increased investment in the power sector.
As part of their increasing activity in overseas markets, companies from the People’s Republic of China have significantly enhanced their engagement in Africa in the last 15 years, covering a wide range of sectors, including the electricity industry. Chinese-built projects and financial support from China are contributing to power sector development, extending energy access and facilitating economic growth.
This report analyses China’s engagement in the sub-Saharan Africa power sector, including the key drivers underlying Chinese investments. An overview of Chinese projects (generation, transmission and distribution) during the 2010-20 period is provided in this first-ever consolidated effort to map them.
The report identifies the key Chinese stakeholders and assesses their impact on policies affecting energy access, economic development and financing modalities. Two case studies examine Chinese investment at the country level in Ghana and Ethiopia.
For the OECD, China is an indispensable partner in this exercise and I would like to thank Minister Lou and the Ministry of Finance for organising this event. It is another milestone in our ever-expanding co-operation following the agreement of our memorandum of understanding in March 2015
The Secretary-General attended a 1+6 Roundtable Meeting on the invitation of Prime Minister Li Keqiang. He also took part in the G20 Finance Ministers and Central Bank Governors Meeting in Chengdu, delivered remarks at the opening of a China-OECD policy dialogue on new approaches to economic challenges, and held bilateral meetings with high-level officials.
Data on government support to agriculture in the OECD area and other major economies, measured by the Producer Support Estimate (PSE) and Consumer Support Estimate.
Outdoor air pollution could cause 6 to 9 million premature deaths a year by 2060 and cost 1% of global GDP – around USD 2.6 trillion annually – as a result of sick days, medical bills and reduced agricultural output, unless action is taken, according to a new OECD report.
The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old, according to the OECD’s latest Global Economic Outlook.
China was among the near-200 countries to adopt the Paris Climate Change Agreement (Paris Agreement) at an historic UN conference in Paris, France on 12 December 2015. As an emerging economy and one of the world’s major emitters of greenhouse gases, how China implements the Paris Agreement will be important. We asked Dr Xuedu Lu of the Asian Development Bank for his views.
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.
China’s total concessional finance for development reached USD 3.4 billion in 2014 compared to USD 3 billion in 2013 (OECD estimates based on Government of China, 2015, and websites of multilateral organisations). In 2014, China channelled USD 397 million through multilateral organisations.
The world’s largest energy consumer and producer as well as the top oil importer and carbon dioxide emitter,
the People’s Republic of China is in the centre of the global energy landscape – and at a turning point towards a
low-carbon future. There is an increasingly clear congruence of China’s domestic interests and the world’s
collective interests in terms of energy security, economic development and sustainable growth. In global energy
governance, the country is gradually transforming from outsider to insider and from follower to influencer, with
instrumental implications for the country and the world. This book provides a historical perspective on China’s
approach to global energy governance and highlights how greater positive and constructive Chinese
engagement can be a step towards a better energy future for all.