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Added on the 03/12/2019 13:00:00 - Copyright : EFE Inglés
Madrid, Dec 3 (EFE), (Camera: Victoria Moreno).- Transition to renewable energy in countries belonging to China’s Belt and Road initiative will have an estimated cost of over 1 trillion USD, according to data presented on Tuesday at the 2019 Climate Summit held in Madrid.In a bid to reinforce its leading position in renewable energy, China has presented its main action lines for energy transition within the 71 countries included in the Belt and Road Initiative (BRI).FOOTAGE OF THE CLIMATE SUMMIT IN MADRID ON TUESDAY.SOUNDBITES OF-Ni Yao, Deputy Director of International Cooperation Department All- China Environment Federation (ACEF) -Yang Fuqiang, Senior Adviser on Climate and Energy, China Programa of the Natural Resources Defense Council
Foreign leaders, including Russian President Vladimir Putin, pose during a family photo ahead of the opening ceremony of the Belt and Road forum in Beijing. IMAGES
Business Insider reports Norwegian deputy central bank governor Jon Nicolaisen resigned on Friday. Nicolaisen was in charge of Norway's $1.2 trillion sovereign wealth fund, the biggest in the world. He stepped down after Norway's security service rejected his security clearance because his wife is Chinese and lives in China. The pair have been married for ten years, but Norway has become stricter on ties to China and Russia in recent years. Norway's intelligence service says the two countries are trying to find out information about Norway's petroleum industry.
Chinese President Xi Jingping opens the Belt and Road summit. Xi's pet project is a reboot of the ancient Silk Road to connect Asia to Europe and Africa through massive investments in maritime, road and rail projects. IMAGES
A new cargo train will connect Italy and China directly, and the first service departed from the northern Italian city of Mortara on Tuesday, bound for China's Chengdu. The 11,000-killometer, or 6,800 mile, route stretches across the territories of Poland, Belarus, Russia and Kazakhstan before crossing all of Western China to arrive in Chengdu. The trip takes around 18 days, almost 20 days less than shipping the cargo by sea. The train consists of 17 coaches and 34 containers which can carry equipment, electronics, furniture, and cars.
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