Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September 2010)

Embed Size (px)

Citation preview

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    1/68

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    2/68

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    3/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU'HYHORSPHQW$VLD

    :::'(9(/230(17$6,$$VLDQ'HYHORSPHQW%DQN,661

    $6,$1'(9(/230(17%$1.

    Publisher $QQ4XRQ

    Editorial and Creative Director&DURO\Q'HGROSK&DEUHUD

    Managing Editor (ULF+HDO\

    Senior Editor )OR\G:KDOH\

    Editorial Advisor $QLO7HUZD\

    Associate Editor 0DULD/L]D6RODQR

    Copy Editor&DUROLQH$KPDG

    Art Director $QG\0DUWLQ

    Development AsiaIHDWXUHVGHYHORSPHQWLVVXHVLPSRUWDQWWR$VLDDQGWKH3DFLF,WLVSXEOLVKHGIRXUWLPHVD\HDUE\WKH$VLDQ'HYHORSPHQW%DQNDQG+D\PDUNHW0HGLD/WG7KHYLHZVH[SUHVVHGLQWKLVPDJD]LQHDUHWKRVHRIWKHDXWKRUVDQGGRQRWUHHFWWKHYLHZVDQGSROLFLHVRIWKH$VLDQ'HYHORSPHQW%DQNDQG+D\PDUNHW0HGLD/WG8VHRIWKHWHUPFRXQWU\GRHVQRWLPSO\DQ\MXGJPHQWE\WKHDXWKRUVRUWKH$VLDQ

    'HYHORSPHQW%DQNDQG+D\PDUNHW0HGLD/WGDVWRWKHOHJDORURWKHUVWDWXVRIDQ\WHUULWRULDOHQWLW\

    $GYHUWLVLQJRIDQ\VSHFLFFRPPHUFLDOSURGXFWSURFHVVVHUYLFHE\WUDGHQDPHWUDGHPDUNPDQXIDFWXUHURURWKHUZLVHLQWKLVSXEOLFDWLRQGRHVQRWFRQVWLWXWHRULPSO\$'%VHQGRUVHPHQWUHFRPPHQGDWLRQRUIDYRULQJRIDQ\RIWKHSURGXFWRUWKHHQWLW\WKHUHRI

    COMMENTS6HQG\RXUIHHGEDFNWRWKHHGLWRUDWOHWWHUV#GHYHORSPHQWDVLD

    ADVERTISING7RDGYHUWLVHLQDevelopment AsiaFRQWDFWDGYHUWLVLQJ#GHYHORSPHQWDVLD

    SUBSCRIPTIONS&RQWDFWVXEVFULSWLRQV#GHYHORSPHQWDVLD

    REPRINTS0DWHULDOSXEOLVKHGLQDevelopment AsiaDQGRQZZZGHYHORSPHQWDVLDLQFOXGLQJDUWLFOHVSKRWRVJUDSKLFVDQGRWKHUFRQWHQWLVFRS\ULJKWHG0DWHULDOPD\QRWEHUHSURGXFHGUHSXEOLVKHGRUUHGLVWULEXWHGZLWKRXWZULWWHQSHUPLVVLRQRIDevelopment Asia)RUUHSULQWSHUPLVVLRQSOHDVHFRQWDFWHGLWRU#GHYHORSPHQWDVLD3KRWRJUDSKVQRWRZQHGE\$'%UHTXLUHSHUPLVVLRQIURPWKHFRS\ULJKWKROGHUIRUUHSULQWLQJ

    'HYHORSPHQW$VLD'HSDUWPHQWRI([WHUQDO5HODWLRQV$VLDQ'HYHORSPHQW%DQN$'%$YHQXH0DQGDOX\RQJ&LW\0HWUR0DQLOD3KLOLSSLQHVHGLWRU#GHYHORSPHQWDVLDZZZDGERUJ

    &RYHUSKRWR6LQJDSRUHVN\OLQHDWQLJKW3LFWXUHFUHGLW,PDJH6RXUFH1RWH,QWKLVSXEOLFDWLRQUHIHUVWR86GROODUV

    $SXEOLFDWLRQRIWKH$VLDQ'HYHORSPHQW%DQNGHVLJQHGDQGGLVWULEXWHGE\+D\PDUNHW0HGLD/LPLWHG

    PUBLISHERS NOTE

    $VLDV(QHUJ\&KDOOHQJH

    ,IRQHTXHVWLRQFRXOGWKUHDWHQ$VLDVG\QDPLFJURZWKDQGLPSUHVVLYHJDLQV

    LQSRYHUW\UHGXFWLRQLQUHFHQWGHFDGHVLWLVWKHUHJLRQVHQHUJ\VXSSO\7KH

    FRPSOH[LVVXHVWKDWHQFRPSDVVHQHUJ\VHFXULW\DUHYLWDOIRUHQVXULQJDUHJLRQV

    HFRQRPLFJURZWK

    ,WLVQRWMXVWDPDWWHURIPDLQWDLQLQJWKHVXSSO\RIHQHUJ\WKDW$VLDQHHGVWRIXHO

    LWVJURZWK7KHUHJLRQPXVWDOVRQDYLJDWHWKHWUHDFKHURXVZDWHUVRIFRQLFWDQG

    FRRSHUDWLRQZKHQLWFRPHVWRDFFHVVLQJHQHUJ\UHVRXUFHV2QWRSRIWKHVHFKDOOHQJHV

    OLHWKHHQHUJ\LPSOLFDWLRQVRIFOLPDWHFKDQJHPDQ\QRZEHOLHYHWKDWWKHFKHDSHVW

    PRVWDEXQGDQWIXHOVVXFKDVFRDOFDQQRORQJHUEHWKHSULPDU\VRXUFHVRI

    HQHUJ\IRUWKHUHJLRQ$VLDPXVWWDNHWKHOHDGLQVXSSO\LQJDQGFRQVXPLQJFOHDQHUUHQHZDEOHHQHUJ\

    $FFRUGLQJWRWKH,QWHUQDWLRQDO(QHUJ\$JHQF\WKHHPHUJLQJHFRQRPLHVLQWKH

    UHJLRQOHGE\WKH3HRSOHV5HSXEOLFRI&KLQDDQG,QGLDDUHGULYLQJZRUOGHQHUJ\

    GHPDQGGHPRQVWUDWLQJDJURZLQJDSSHWLWHERWKIRUIRVVLOIXHOVDQGUHQHZDEOH

    VRXUFHVRIHQHUJ\

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    4/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU ZZZGHYHORSPHQWDVLD

    &217(176

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    5/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    0DUN%ODFNZHOOKDVPRUHWKDQ\HDUV

    RIH[SHULHQFHFRYHULQJLVVXHVUDQJLQJ

    IURPVFLHQFHDQGHFRQRPLFVWRSROLWLFV

    DQGFURVVERUGHULVVXHVLQ/DWLQ$PHULFD

    IRUQHZVRUJDQL]DWLRQVLQFOXGLQJWKH

    +HDUVW&RUSRUDWLRQDQG&DSLWDO&LWLHV$%&

    +HVSHFLDOL]HVLQLQIRUPDWLRQJUDSKLFV

    :LOOLDP%UDQLJLQVHUYHGDV

    6RXWKHDVW$VLDEXUHDXFKLHI

    RI7KH:DVKLQJWRQ3RVWIRU

    \HDUVUHSRUWLQJIURPPRUH

    WKDQDGR]HQFRXQWULHVLQWKH

    UHJLRQ+HZDVEDVHGLQ%DQJNRNIURP

    WRDQGLQ0DQLODIURPWR

    -RH&RFKUDQHLVDIRUPHU6RXWKHDVW$VLD

    FRUUHVSRQGHQWIRU1HZVZHHNPDJD]LQHDQG

    EXUHDXFKLHIIRU'HXWVFKH3UHVVH$JHQWXU

    LQ&DPERGLD,QGRQHVLD3DNLVWDQDQG

    $IJKDQLVWDQ

    .DUHQ(PPRQVLVD

    %DQJNRNEDVHGMRXUQDOLVWZKR

    ZULWHVRQSXEOLFKHDOWKDQGVRFLDOLVVXHV6KHUHFHQWO\

    YLVLWHGUHPRWHDUHDVLQWKH

    QRUWKHUQ3KLOLSSLQHVWRIROORZDGRRUWRGRRU

    YDFFLQDWLRQFDPSDLJQDLPHGDWHOLPLQDWLQJ

    PDWHUQDODQGQHRQDWDOWHWDQXV

    1RHOGH*X]PDQLVD+RQJ.RQJEDVHG

    DUWGLUHFWRUZKRUXQVKLVRZQJUDSKLF

    GHVLJQVWXGLR+HKDVZRUNHGZLWKYDULRXV

    LQWHUQDWLRQDOSXEOLVKLQJDQGDGYHUWLVLQJ

    DJHQFLHVVXFKDV-:7KRPSVRQ/HR

    %XUQHWW$GYHUWLVLQJDQG+D\PDUNHW0HGLD

    +HLVDOVRDQRWHGDUWLVWZKRKDVKDGPDMRU

    VRORH[KLELWLRQVDURXQG$VLD

    %UXFH+HLOEXWKKDVZRUNHG

    DVDMRXUQDOLVWDQGIRUHLJQ

    FRUUHVSRQGHQWRQIRXU

    FRQWLQHQWV+HVSHQWQHDUO\D

    GHFDGHDVWKHHGLWRULQFKLHI

    RI5HDGHUV'LJHVWPDJD]LQHV$XVWUDODVLDQ

    DQG$VLDQ(QJOLVKHGLWLRQV

    -DPHV+XWFKLVRQKDV

    ZRUNHGDVDZULWHUDQG

    SKRWRJUDSKHULQ$VLDIRUPRUH

    WKDQ\HDUV+LVZRUNKDV

    DSSHDUHGLQPRUHWKDQ

    LQWHUQDWLRQDOSXEOLFDWLRQV

    -RKQ2WLVLVWKH&RORPELDFRUUHVSRQGHQW

    IRU7LPHPDJD]LQH*OREDO3RVWDQGWKH

    %%&3XEOLF5DGLR,QWHUQDWLRQDOSURJUDP

    7KH:RUOG+HZURWH/DZRIWKH-XQJOH

    WKHVWRU\RIWKUHH86PLOLWDU\FRQWUDFWRUV

    NLGQDSSHGE\&RORPELDQUHEHOVDQGUHVFXHG

    LQDQHODERUDWHVWLQJRSHUDWLRQSXEOLVKHGLQ

    )HEUXDU\E\+DUSHU&ROOLQV3XEOLVKHUV

    0DUJR3IHLIILVD&DQDGD

    EDVHGMRXUQDOLVWZKRZRUNHG

    DVDVSHFLDOFRUUHVSRQGHQWIRU

    5HDGHUV'LJHVWIRU\HDUV

    6KHLVFXUUHQWO\UHVHDUFKLQJD

    ERRNRQWKH$UFWLF

    )OR\G:KDOH\ VHQLRUHGLWRURI'HYHORSPHQW

    $VLDRSHUDWHV$VLD(GLWRULDO6HUYLFHV+LVZRUNKDVDSSHDUHGLQWKH,QWHUQDWLRQDO

    +HUDOG7ULEXQH86$7RGD\/RV$QJHOHV

    7LPHV'LVFRYHU\&KDQQHO0DJD]LQHDQG

    PDQ\RWKHUPHGLDRXWOHWV

    'DQD:LOOLDPVKDVZRUNHG

    DVDMRXUQDOLVWLQWKH8QLWHG

    6WDWHVDQGLQWKH3DFLFIRU

    PRUHWKDQ\HDUV6KHKDV

    FRYHUHGHFRQRPLFV

    LQWHUQDWLRQDODIIDLUVFULPLQDOMXVWLFHDQG

    KHDOWKLVVXHV

    &RQWULEXWRUV/HWWHUWRWKH(GLWRU

    ,QFRPH6HFXULW\)LUVW

    7KHIRFXVRQIRRGVHFXULW\RIWKH

    UHFHQWLVVXHRI'HYHORSPHQW$VLDLV

    DWLPHO\UHPLQGHURQWKHXUJHQW

    QHHGWRUHIRFXVGHYHORSPHQW

    HIIRUWVRQDJULFXOWXUHDQGVKHULHV

    7KHNH\WRIRRGVHFXULW\LV

    WRPDNHIDUPLQJDQGVKLQJ

    SURWDEOH:LWKLQFRPHVHFXULW\

    IRRGVHFXULW\ZLOOIROORZ0DNLQJ

    WKLVKDSSHQZLOOUHTXLUHWKH

    FRPELQHGDQGVXVWDLQHGHIIRUWVRI

    ERWKWKHSULYDWHDQGSXEOLFVHFWRUV

    3ULPDU\HPSKDVLVKDVWR

    EHSODFHGRQLQFUHDVLQJIDUP

    SURGXFWLYLW\LQRUGHUWRUHGXFH

    SURGXFWLRQXQLWFRVWVDQGWKXV

    LQFUHDVHPDUJLQV%HWWHUPDUJLQV

    RQLQFUHDVHGSURGXFWLRQRXWSXW

    ZLOOQRUPDOO\WUDQVODWHWRKLJKHU

    LQFRPHV

    7HFKQRORJLHVDQGUHVRXUFHV

    QHHGHGWRLQFUHDVHIDUP

    SURGXFWLYLW\DUHNQRZQ,WLVDTXHVWLRQRIPDNLQJWKHPDFFHVVLEOH

    DQGDYDLODEOH,QDGGLWLRQWKHUH

    DUHVWLOOYDVWWUDFNVRIODQGVXLWDEOH

    WRIDUPLQJZKLFKDUHQRWSXWWR

    JRRGXVHGXHWRODFNRIPDUNHW

    LQFHQWLYHVDQGLQIUDVWUXFWXUH

    VXSSRUW

    :HFHUWDLQO\FDQQRWLJQRUH

    WKHQHHGVRISHRSOHZKRDUH

    XQGHUQRXULVKHGRUJRKXQJU\

    7KHWLPHWRKHOSWKHPRXWRIWKHLU

    GLVWUHVVHGVWDWHLV12:

    6HQHQ&%DFDQL

    $JULFXOWXUH6HFUHWDU\

    5HSXEOLFRIWKH3KLOLSSLQHV

    (UQVW

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    6/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU ZZZGHYHORSPHQWDVLD

    7KHUHLVQRPRUHSRWHQWV\PERORIWKHUHODWLYHGHFOLQHRI:HVWHUQQDQFHWKDQ

    WKHUHYROXWLRQLQ&KLQHVHEDQNLQJRYHUWKHSDVWGHFDGH:KLOH$PHULFDQDQG

    (XURSHDQEDQNVKDYHEHHQEXV\EORZLQJXS&KLQDVKDYHEHHQWUDQVIRUPHGIURP

    FRPPXQLVWEXUHDXFUDFLHVFULSSOHGE\EDGGHEWVLQWRVRPHWKLQJUHVHPEOLQJZRUOG

    EHDWHUV7KH(FRQRPLVWRQ-XO\

    (YHQDVVFLHQFHXQUDYHOVWKHP\VWHULHV

    RIOLIHZHUHOXFN\WRKDYHVRPHP\VWHU\

    OHIW:KDWZHQHHGWRNQRZPRUHWKDQ

    ZKDWRXUJHQHWLFPDUNHUVVD\DERXWRXU

    FKDQFHVLVWRH[HUFLVHEXFNOHRXUVHDW

    EHOWVDQGUHPHPEHUWKDWQRPDWWHUKRZ

    PDQ\\HDUVDUHOHIWWRXVWKHQXPEHU

    LVQLWHDQGQHYHUVRGLVWDQWWKDWZH

    VKRXOGQHJOHFWWRDSSUHFLDWHWRGD\7KH

    /RV$QJHOHV7LPHVRQ-XO\

    :RUOG%HDWLQJ%DQNV

    %XFNOH8S

    6WULYLQJWR%H6PRNHIUHH7KDLODQGZLOOQHYHUDFKLHYHWKHHQYLDEOHVPRNHIUHHVWDWXVHQMR\HGE\%KXWDQ

    ZKLFKEDQQHGDOOWREDFFRVDOHVVL[\HDUVDJREXWWKH3XEOLF+HDOWK0LQLVWU\GLGWDNH

    DVWHSLQWKDWGLUHFWLRQODVWZHHNZKHQLWWLJKWHQHGWKHUXOHVRQVPRNLQJLQSXEOLF

    SODFHV7KH%DQJNRN3RVWRQ-XO\

    ,WLVKDUGQRWWRIHHOWKDWWKH7RURQWR*PLVVHGLWVPRPHQW,QWKHSDVWWKH

    *DLPHGWRRKLJKDQGSURPLVHGWRRPXFK,QWKHULVNLVWKHUHYHUVHWKDW

    LWKDVDLPHGWRRORZDQGSURPLVHGWRROLWWOHIRUDVWLOOIUDJLOHDQGYRODWLOHJOREDOHFRQRP\7KH*XDUGLDQRQ-XQH

    0HPRWR1DRWR.DQ'DYLG&DPHURQ1LFRODV6DUNR]\$QJHOD0HUNHO%DUDFN

    2EDPDDQG+X-LQWDRDQG0DQPRKDQ6LQJK5XQQLQJDQHFRQRP\LVOLNHULGLQJ

    DELF\FOHLI\RXPDLQWDLQDJRRGVSHHG\RXFDQPDNHSURJUHVVEXWLI\RXUHGXFH

    \RXUVSHHGWKHUHLVDOZD\VWKHGDQJHURIORVLQJ\RXUEDODQFHVWXPEOLQJDQGIDOOLQJ

    RII7KH-DSDQ7LPHVRQ-XO\

    OFF THE PRESS

    &ORVLQJWKH'RRURQ&OLPDWHJDWH3HUKDSVQRZZHFDQSXWWKH

    PDQXIDFWXUHGFRQWURYHUV\NQRZQDV

    &OLPDWHJDWHEHKLQGXVDQGWXUQWRWKH

    WDVNRIDFWXDOO\GRLQJVRPHWKLQJDERXW

    JOREDOZDUPLQJ7KH1HZ8QLWHG1DWLRQV@LWLVYLWDOWR

    UHFRJQL]HWKDWWKHRUJDQL]DWLRQZLOO

    DOZD\VEHDDZHGRUJDQL]DWLRQVR

    ORQJDVWKHFRXQWULHVWKDWPDNHXS

    LWVPHPEHUVKLSDUHDZHG7KH

    ,QGHSHQGHQWRQ-XO\

    3URPLVLQJ7RR/LWWOH

    -XVWOLNH5LGLQJD%LF\FOH

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    7/68

    -XO\6HSWHPEHU'HYHORSPHQW$VLD

    ON THE WEB

    3OHDVH0LQG

    WKH*DS

    *DSPLQGHUhttp://www.gapminder.org/

    ,WLVUDUHZKHQVWDWLVWLFDOSUHVHQWDWLRQVFDQEHUHIHUUHG

    WRDVPLQGH[SDQGLQJ%XWWKDWLVDQDSWDQGFRPPRQ

    GHVFULSWLRQRIWKHDPD]LQJSUHVHQWDWLRQVRI+DQV

    5RVOLQJDSURIHVVRURIJOREDOKHDOWKDW6ZHGHQV.DUROLQVND

    ,QVWLWXWHZKRZRUNVWRGLVSHOFRPPRQP\WKVDERXWWKH

    GHYHORSLQJZRUOG

    7KH*DSPLQGHUZHEVLWHUHIHUULQJWRWKHJDSEHWZHHQ

    WKHYDVWDPRXQWRIGDWDWKDWLVRXWWKHUHDQGWKDWZKLFKLV

    UHDGLO\DFFHVVLEOHWRWKHSXEOLFLVLQWHUHVWLQJLQLWVHOIEXWWKH

    YLGHRSDJHLVWKHEHVWSODFHWRJHWKRRNHGRQWKLVLQQRYDWLYH

    GHYHORSPHQWSURIHVVLRQDO,QRQHYLGHRWLWOHG$VLDV5LVH

    +RZDQG:KHQ5RVOLQJSUHGLFWVWRWKHH[DFWGD\ZKHQWKH

    3HRSOHV5HSXEOLFRI&KLQDDQG,QGLDZLOOKDYHWKHVDPH

    LQFRPHSHUSHUVRQDVWKH8QLWHG6WDWHV7KDWWDNHVQHUYH

    7KHZHEVLWHLVWKHKRPHRI7UHQGDO\]HUVRIWZDUHZKLFK

    VHHNVWRXQYHLOWKHEHDXW\RIVWDWLVWLFDOWLPHVHULHVE\

    FRQYHUWLQJERULQJQXPEHUVLQWRHQMR\DEOHDQLPDWHGDQGLQWHUDFWLYHJUDSKLFV,WDFKLHYHVWKDWJRDODVUHFRJQL]HGE\

    *RRJOHZKLFKERXJKWWKHULJKWVWRWKHVRIWZDUHLQ0DUFK

    7KHIRXQGDWLRQZKLFKGHYHORSHGDQGVXSSRUWVWKH

    VRIWZDUHGHVFULEHVLWVHOIDVDIDFWWDQNWKDWSURPRWHVD

    IDFWEDVHGZRUOGYLHZ

    7KHZHEVLWHLVIXOORILQWHUHVWLQJDQGVXUSULVLQJGDWDDERXW

    GHYHORSPHQWDVZHOODVHQJDJLQJYLGHRV6WDWLVWLFDOJXUXV

    DUHQRWRIWHQFDOOHGIXQQ\IHDUOHVVRUPHVPHUL]LQJEXWDOO

    WKUHHZRUGVGHVFULEH5RVOLQJDQGWKLVIDVFLQDWLQJZHEVLWHQ

    7DNHD'HHS%UHDWK

    %UHDWKLQJ(DUWKhttp://www.breathingearth.net/

    )RUWKRVHZKRGRQWZRUU\HQRXJKDERXWFOLPDWH

    FKDQJHWKH%UHDWKLQJ(DUWKZHEVLWHSXWVLWLQWR

    SHUVSHFWLYH7KHEHDXWLIXOO\GHVLJQHGVLWHLVDJUDSKLF

    LOOXVWUDWLRQRIWKHXUJHQF\RIDGGUHVVLQJWKHFKDQJHVWDNLQJ

    SODFHRQ(DUWK

    :KHQWKHFXUVRUVFUROOVRYHUDFRXQWU\LWJLYHVWKH

    SRSXODWLRQGHDWKDQGELUWKUDWHVDQGFDUERQGLR[LGH&2HPLVVLRQUDWHVDQGKRZPXFK&2KDVEHHQHPLWWHGVLQFH

    \RXRSHQHGWKHZHEVLWH7KHVDPHJXUHVDUHVKRZQIRU

    WKHHQWLUH(DUWK6RXUFHVFLWHGIRUWKHGDWDDUHWKH&,$:RUOG

    )DFWERRNDQGWKH8QLWHG1DWLRQV6WDWLVWLFV'LYLVLRQ

    7KHZHEVLWHZDUQV$OWKRXJKWKH&2HPLVVLRQELUWK

    UDWHDQGGHDWKUDWHGDWDXVHGLQ%UHDWKLQJ(DUWKFRPH

    IURPUHSXWDEOHVRXUFHVGDWDWKDWPHDVXUHVWKLQJVRQVXFK

    DPDVVLYHVFDOHFDQQHYHUEHDFFXUDWH3OHDVHQRWH

    KRZHYHUWKDWWKH&2HPLVVLRQOHYHOVVKRZQKHUHDUHPXFK

    PRUHOLNHO\WREHWRRORZWKDQWKH\DUHWREHWRRKLJK

    %XWGDWDDQDO\VLVLVQRWUHDOO\WKHSRLQWRIWKHZHEVLWH,WV

    PDLQLPSDFWLVKRZGUDPDWLFDOO\LWLOOXVWUDWHVWKHFKDQJHV

    WDNLQJSODFHRQ(DUWKDQGWKHIDFWRUVLQYROYHG0RUHSHRSOH

    DUHEHLQJERUQHYHU\PLQXWHWKDQDUHG\LQJLQQHDUO\

    HYHU\FRXQWU\LQWKHZRUOG&2LVEHLQJSXPSHGLQWRWKH

    DWPRVSKHUHDWDQDODUPLQJUDWH

    7KHRYHUZKHOPLQJXUJHZKHQORRNLQJDWWKLVZHEVLWHLV

    WRJHWDZD\IURPLWLQRUGHUWRVWRSVHHLQJWKHFDWDVWURSKLF

    QXPEHUVVSLQQLQJDZD\%XWRIFRXUVHWKDWGRHVQWKHOS

    :KHQ\RXOHDYHWKHVLWHWKHHPLVVLRQVGRQWVWRSQ

    ZZZGHYHORSPHQWDVLD

    5HVHDUFKHGDQGZULWWHQE\)OR\G:KDOH\

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    8/68

    3,&785(&5(',7,0$*(6285&(

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    0HJDZDWW:RUULHV7KHZLGHQLQJJDSEHWZHHQHQHUJ\VXSSO\DQGGHPDQGLQ$VLDDQGWKH3DFLILFFRXOGSXWWKHEUDNHVRQWKHUHJLRQVHFRQRPLFSURVSHULW\

    %

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    9/68

    9DVWVWUHWFKHVRIWKH$VLD3DFLF

    UHJLRQUHPDLQXQGHUSRZHUHGRU

    ZRUVHVWLOOZLWKQRHOHFWULFLW\DWDOO

    0RVWRIWKHZRUOGVDSSUR[LPDWHO\

    ELOOLRQSHRSOHZKRGRQRWKDYHDFFHVV

    WRHOHFWULFLW\OLYHLQGHYHORSLQJ$VLD

    DFFRUGLQJWRWKH,QWHUQDWLRQDO(QHUJ\

    $JHQF\,Q&DPERGLDDQG7LPRU/HVWHIRUH[DPSOHRXWRISHRSOHGRQRW

    KDYHHOHFWULFLW\DQGLQ$IJKDQLVWDQDQG

    0\DQPDUWKHVLWXDWLRQLVHYHQZRUVH

    ZLWKHOHFWULFDWLRQUDWHVRIRQO\

    DQG

    6PDOOHUFRXQWULHVWKDWKDYHOLPLWHG

    UHVRXUFHVWKH\DUHUHDOO\LQDGLIFXOW

    FRQGLWLRQLQWRGD\VZRUOGVD\V.DQJ

    :XDVHQLRUIHOORZLQHFRQRPLFVDW

    WKH+RQROXOXEDVHG(DVW:HVW&HQWHU

    3ULFHVKDYHJRQHXS)RUFRXQWULHV

    OLNH6UL/DQND3DNLVWDQ1HSDOWKH

    3KLOLSSLQHVWKH\KDYHWRSD\IRU

    H[SHQVLYHHQHUJ\LPSRUWVDQGWKH\

    KDYHQRPRQH\VROLYLQJFRQGLWLRQV

    JHWZRUVH

    ,PSRUWVRIIRVVLOIXHOVDUHH[SHFWHG

    WRPRUHWKDQGRXEOHIURPWR

    DFFRUGLQJWRWKHUHSRUW

    (QHUJ\2XWORRNIRU$VLDDQGWKH3DFLF

    SXEOLVKHGE\WKH$VLDQ'HYHORSPHQW

    %DQN$'%3RZHUSODQWVDQG

    LQGXVWU\ZLOOGULYHXSGHPDQGIRU

    FRDOZKLOHWKHH[SDQVLRQRIFLWLHVDQG

    VXEXUEVZLOOPHDQPRUHRLOEXUQHGIRU

    WUDQVSRUW

    $VGHYHORSLQJ$VLDVWUXJJOHVWR

    SURYLGHPRUHHQHUJ\IRULWVSHRSOHLQ

    DZD\WKDWIRVWHUVGHYHORSPHQWWKH

    UHJLRQIDFHVWKHPRXQWLQJFKDOOHQJH

    RIFRQWUROOLQJFDUERQGLR[LGH&2

    HPLVVLRQV8QIRUWXQDWHO\PRUHFDUV

    IDFWRULHVKRXVHKROGVDQGSRZHUSODQWV

    ZLOOOHDGWRKLJKHUFRQFHQWUDWLRQVRI

    JUHHQKRXVHJDVHV

    '(0$1')25(/(&75,&,7FDUERQGLR[LGH@

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    62/$5+20($ZRUNHUFOHDQVVRODU

    SDQHOVDW,QGLDVUVWVRODUKRXVLQJ

    SURMHFWLQ5DMDUKDWQHDU.RONDWD

    HPLVVLRQVDQGFUHDWLQJWKRXVDQGV

    RIMREVLQWKHSURFHVVVD\V*:(&

    6HFUHWDU\*HQHUDO6WHYH6DZ\HU%XWOLNH

    RWKHUVRXUFHVRIUHQHZDEOHHQHUJ\ZLQGSRZHULVDWWKHPHUF\RIWKHHOHPHQWV

    QRZLQGPHDQVQRSRZHUJHQHUDWLRQ

    DQGXQVHFXUHGWXUELQHEODGHVH[FHHGLQJ

    WKHZLQJVSDQRIDMXPERMHWFDQEH

    GDPDJHGE\KLJKZLQGVDVVRFLDWHGZLWK

    W\SKRRQVLQWURSLFDO$VLD7KLVPDNHV

    VRSKLVWLFDWHGZHDWKHUSDWWHUQDQDO\VLV

    DQGIRUHFDVWLQJIRUZLQGDQGVRODU

    SRZHUJHQHUDWLRQLQWKHUHJLRQFULWLFDO

    QRWRQO\IRUQGLQJWKHEHVWORFDWLRQV

    EXWDOVRIRUHIFLHQWRSHUDWLRQRIZLQG

    DQGVRODUSODQWV

    :LWKWKHEHVWZLQGSRZHUDQGVRODU

    ORFDWLRQVRIWHQLQUHPRWHDUHDVIDU

    IURPH[LVWLQJQDWLRQDOSRZHUJULGV

    ODUJHLQYHVWPHQWVDUHQHHGHGWR

    QDQFHWUDQVPLVVLRQOLQHVDQGRWKHU

    LQIUDVWUXFWXUHIRUWKHVHUHQHZDEOH

    HQHUJ\SURMHFWV([LVWLQJQDWLRQDO

    SRZHUJULGVZHUHQRWGHVLJQHGWR

    KDQGOHWKHLQWHUPLWWHQWRXWSXWRI

    UHQHZDEOHHQHUJ\VRXUFHVVXFKDV

    ZLQGDQGVRODUSRZHU7KHVHPXVW

    EHUHGHVLJQHGLQWRVPDUWJULGV

    ZKLFKDUHQRWRQO\FDSDEOHRIXVLQJXFWXDWLQJSRZHUVRXUFHVEXWDOVR

    DEOHWRUHGXFHSRZHUORVVDQGLPSURYH

    UHOLDELOLW\6PDUWJULGVXVHLQIRUPDWLRQ

    WHFKQRORJ\V\VWHPVWRSURYLGH

    GHWDLOHGLQIRUPDWLRQWRRSHUDWRUVDQG

    HQGXVHUVLQWKHLUKRPHV6LQJDSRUH

    LVVHWWLQJXSWKH([SHULPHQWDO3RZHU

    *ULG&HQWUHDQGDSLORWSURMHFWIRUDQLQWHOOLJHQWHQHUJ\V\VWHPWRGHYHORS

    DQGWHVWFRPSUHKHQVLYHVPDUWJULG

    VROXWLRQV

    7KH35&LVDERXWWREULQJRQOLQHWKH

    QDWLRQVUVWIXOOVFDOHRIIVKRUHZLQG

    IDUPWKH0:6KDQJKDL'RQJKDL

    %ULGJH3URMHFWLQWKH

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    40/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    ,5,9.@:,*

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    41/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    3,&785(&5(',7$)3

    (19,5210(17)5,(1'/

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    42/68

    3,&785(&5(',7$)3

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    ,5,9.@:,*LQ$VLD@DUHWDONLQJ

    DERXW7KHWUHQGVDUHVLPLODUVKH

    VD\V)URPDQHQHUJ\VHFXULW\SRLQW

    RIYLHZWKHUHVDGHQLWHQHHGWRPRYH

    DZD\IURPWKHFXUUHQWHQHUJ\EDVNHW

    )8(/,1*029(0(17

    $V$VLDKDVSURVSHUHGDQGLWVFLWLHV

    KDYHGHYHORSHGWUDQVSRUWKDVEHFRPH

    &UXGH$GGLFWLRQ2LODQGJDVKDYHKHOSHGGULYH$VLDVSKHQRPHQDOJURZWK1RZWKHUHJLRQPXVWIDFHWKHGRZQVLGHRILWVGHSHQGHQF\%

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    43/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    3,&785(&5(',7$)3

    &58'(5($/,7

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    44/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    ,5,9.@:,*

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    45/68

    DOVRDGGUHVVLQJVHSDUDWHO\DUDQJHRI

    ORJLVWLFVLVVXHVWKDWZRXOGLPSURYH

    HIFLHQF\DVZHOO

    $PRQJWKHLGHDVEHLQJSURPRWHGKHVD\VDUHSODQQLQJGHYHORSPHQWWRKHOS

    UHGXFHWUDQVSRUWGLVWDQFHVEULQJLQJ

    WRJHWKHUWKHSODQQLQJRISURGXFWLRQDQG

    GLVWULEXWLRQSRLQWVIRUIUHLJKWIROORZLQJ

    WKHSRVLWLYHH[DPSOHVLQ(XURSH

    LQFUHDVLQJWKHXVHRIZDWHUWUDQVSRUWLQ

    ULYHUDQGFRDVWDODUHDVFRQVROLGDWLQJ

    ORDGVLQWRELJJHUXQLWVWRUHGXFHWKH

    QXPEHURIWULSVUHGXFLQJHPLVVLRQV

    WKURXJKLPSURYHGYHKLFOHGHVLJQ

    DQGPDLQWHQDQFHDQGLQWURGXFLQJ

    DOWHUQDWLYHVWRGLHVHOIRUWUXFNVDQG

    EXVHVDVZHOODVHOHFWULFDQGK\EULGFDUV

    -DSDQIRUH[DPSOHKDVGHYHORSHG

    QHZWHFKQRORJLHVWRLQFUHDVHHQJLQH

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    3,&785(&5(',7$)3

    HIFLHQF\UHPRYHSDUWLFXODWHPDWWHU

    DQGUHGXFHQRLVHSROOXWLRQ7KH35&

    PHDQZKLOHKDVEHHQYHU\VXFFHVVIXO

    LQLPSOHPHQWLQJD:RUOG%DQNSLORWSURMHFWWRLQWURGXFHJUHHQWUXFNV

    LQWKHFLW\RI*XDQJ]KRXQHDU+RQJ

    .RQJ&KLQD

    7KH:RUOG%DQNUHSRUWVWDWHVWKDW

    PRUHWKDQRQHWKLUGRIWKHELOOLRQ

    LQDGGLWLRQDO\HDUO\LQYHVWPHQW

    QHHGHGIRUHQHUJ\HIFLHQF\LQ$VLD

    PXVWJRWRWKHWUDQVSRUWVHFWRUZKLFK

    DOVRLQTXLUHVQDQFLDOLQFHQWLYHV

    IRUFRQVXPHUVWRVKLIWWRPRUHIXHO

    HIFLHQWYHKLFOHV

    0RRQRI(6&$3VD\VRWKHU

    LQGLYLGXDOFKRLFHVLQFOXGLQJVLPSOH

    WKLQJVVXFKDVQRWUHYYLQJWKHHQJLQH

    RI\RXUFDUSXPSLQJWKHEUHDNVOHVV

    $NH\ZD\WRGRWKDW&DEOHVD\V

    LVIRU$VLDQFRXQWULHVWRGHYHORSGU\

    SRUWVLQLQODQGDUHDVDVDIRFXVIRU

    FRQVROLGDWLRQDQGGLVWULEXWLRQVRWKDWJRRGVDQGGRFXPHQWDWLRQFDQ

    EHSURFHVVHGFORVHUWRZKHUHWKH\DUH

    SURGXFHGDQGWUDQVSRUWHGE\UDLODV

    ZHOODVURDG7KURXJKWKLVSURFHVVGU\

    SRUWVFDQDFWDVDQHFRQRPLFVWLPXOXV

    LQWKHVDPHZD\WKDWVHDSRUWVGRLQ

    FRDVWDODUHDVFUHDWLQJGHPDQGDQG

    PDNLQJUDLOPRUHFRPSHWLWLYH

    &DEOHVD\VWKHHVWDEOLVKPHQWRID

    QHWZRUNRIGU\SRUWVZLOODOVRPDNH

    WUXFNWUDQVSRUWPRUHHIFLHQWVR

    LQVWHDGRIJRLQJRQHZD\IXOODQGWKH

    RWKHUZD\HPSW\WUXFNLQJVHUYLFHV

    FDQEHRUJDQL]HGWRSLFNXSUHWXUQ

    ORDGVDQGWUDYHOERWKZD\VIXOO:HUH

    6--;/,9(03:0505+65,:0(

    'HVSLWHWKHEHQHWVRI

    UDLOWUDQVSRUWUHGXFHG

    HQHUJ\FRQVXPSWLRQ

    DQGEHWWHUORJLVWLFV

    ,QGRQHVLDLVLQYHVWLQJLQPRUHWROO

    URDGVEULGJHVDQGKLJKZD\VWKDQUDLOURDGWUDFNVVD\V&1*@VWDWLRQVWRPHHW

    GHPDQGVKHVD\V

    ,WLVLQFRQFHLYDEOHWKDW-DNDUWDZLOO

    JHWWKRVHVWDWLRQVDQ\WLPHVRRQVKH

    VD\V(DUOLHUWKLV\HDU,QGRQHVLDV

    0LQLVWU\RI7UDQVSRUWDWLRQGRQDWHG

    DERXW&1*FRQYHUVLRQNLWVIRU

    SXEOLFWUDQVSRUWPLQLEXVHVLQWKH:HVW

    -DYDFLW\RI%RJRUEXWWKHFRQYHUWHG

    YHKLFOHVFRQWLQXHWRVLWLGOHLQDSDUNLQJ

    ORWEHFDXVHWKHORFDO&1*VHUYLFH

    VWDWLRQGRHVQRWKDYHDQ\&1*Q

    ),567&20(),5676(59('

    $SDVVHQJHUORRNVRXWWKHZLQGRZRIDQ

    RYHUFURZGHGWUDLQOHDYLQJ-DNDUWD2QO\

    DERXWRI,QGRQHVLDVNLORPHWHUV

    RIUDLOZD\WUDFNVZHUHLQXVHLQODWH

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    46/68

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    47/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    3,&785(&5(',7$)3

    02725&,7

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    48/68

    &RPPLWWHHDQGWKH+RXVHRI/RUGV

    (FRQRPLFV&RPPLWWHH

    0U.LQJOD\VRXWKLVDUJXPHQWV

    LQDFFHVVLEOHDQGHQJDJLQJSURVH

    ,WLVKDUGWRGLVSXWH0U.LQJVEDVLF

    PDFURHFRQRPLFLQVWLQFWVWKDWWKH

    HIIHFWHPHUJLQJHFRQRPLHVDUHKDYLQJ

    RQWKHZRUOGHFRQRP\LVFRQVLGHUDEOH

    DQGLVHDVLO\XQGHUHVWLPDWHGE\

    SROLF\PDNHUV7KH(FRQRPLVW

    ,WLVWKRURXJKO\UHVHDUFKHGGHWDLOHG

    DQGWKDQNVWR.LQJVKLVWRULFDOVZHHS

    SODFHVRXUFXUUHQWHFRQRPLFZRHV

    UPO\LQFRQWH[W,WDOVRKDVVRPHRI

    WKHGLVDGYDQWDJHVRIEHLQJZULWWHQE\

    DQHFRQRPLVW.LQJSUHVXPHVDORWRI

    NQRZOHGJHRQWKHSDUWRIWKHUHDGHU

    1HYHUWKHOHVVWKLVLVDQLPSRUWDQW

    YROXPHEULQJLQJWRJHWKHUVHULRXV

    DQDO\VLVDQGGDWDWRPDNHLWVFDVH

    7KH(FRQRPLVWQ

    XSDQGWDNHQRWLFHRIWKHVKLIWLQJWLGHV

    RIHFRQRPLFSRZHULQWKHZRUOG+H

    SRLQWVRXWWKDWWKHHPHUJLQJPDUNHWV

    LQ$VLDDQGRWKHUSDUWVRIWKHZRUOG

    DUHJURZLQJVWURQJHUZKLOHWKH:HVW

    LVKREEOHGE\GHSHQGHQFHRQULVN\

    QDQFLDOVHUYLFHVSRRUUHJXODWLRQ

    FRQVXPHUVSHQFKDQWIRUOLYLQJEH\RQG

    WKHLUPHDQVDQGWKHHURVLRQRIWKH86

    GROODUVHFRQRPLFFORXW

    .LQJKDVZULWWHQRQJOREDOLVVXHV

    LQFOXGLQJWKHFXUUHQF\RIWKH3HRSOHV

    5HSXEOLFRI&KLQDGHPRJUDSKLFV

    DQGWKHGHEWEXUGHQRI:HVWHUQ

    JRYHUQPHQWV+HLVDUHJXODU

    FRQWULEXWRUWRWKH/RQGRQ,QGHSHQGHQW

    DQGPDNHVIUHTXHQWDSSHDUDQFHVRQ

    WHOHYLVLRQDQGUDGLR+HKDVSURYLGHG

    ERWKZULWWHQDQGRUDOHYLGHQFHRQ

    JOREDOL]DWLRQWRWKH8QLWHG.LQJGRPV

    +RXVHRI&RPPRQV7UHDVXU\6HOHFW

    'HYHORSPHQW$VLD -XO\6HSWHPEHU ZZZGHYHORSPHQWDVLD

    6--;/,:/,3-

    /RVLQJ&RQWURO7KH(PHUJLQJ7KUHDWVWR:HVWHUQ

    3URVSHULW\

    %\6WHSKHQ'.LQJ

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    49/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    7KH3OXQGHUHG3ODQHW

    :K\:H0XVWDQG+RZ:H&DQ0DQDJH1DWXUHIRU

    *OREDO3URVSHULW\

    %\3DXO&ROOLHU2[IRUG8QLYHUVLW\3UHVV0D\

    $XWKRURIWKH7KH%RWWRP%LOOLRQ3DXO&ROOLHUWDFNOHV

    WKHJOREDOPLVPDQDJHPHQWRIQDWXUHLQKLVQHZ

    ERRN7KH3OXQGHUHG3ODQHWPDNHVDFDVHIRUWKH

    UHVSRQVLEOHVWHZDUGVKLSRI(DUWKVQDWXUDOUHVRXUFHVVRWKDWWKHVH

    EHQHWHYHQWKHSRRUHVWFRXQWULHV+HSURSRVHVLQWHUQDWLRQDOVWDQGDUGVDQG

    SROLFLHVWKDWZRXOGLPSURYHWKHPDQDJHPHQWRIUHVRXUFHVUDLVHZRUOGIRRG

    VXSSO\DQGDGGUHVVFOLPDWHFKDQJHLVVXHV

    &ROOLHULVSURIHVVRURIHFRQRPLFVDQGGLUHFWRURIWKH&HQWHUIRUWKH6WXG\RI

    $IULFDQ(FRQRPLHVDW2[IRUG8QLYHUVLW\DQGDIRUPHUGLUHFWRURIGHYHORSPHQW

    UHVHDUFKDWWKH:RUOG%DQN 7KH%RWWRP%LOOLRQZRQWKH(VWRULO'LVWLQJXLVKHG%RRN

    3UL]HWKH$UWKXU5RVV%RRN$ZDUGDQGWKH/LRQHO*HOEHU3UL]H

    0U&ROOLHUZULWHVWKDWLQH[SORLWLQJUHVRXUFHVZHVKRXOGEHFDUHIXOWRFUHDWH

    PRUHZHDOWKWKDQZHGHVWUR\$Q\WKLQJHOVHLVPHUHO\ORRWLQJWKHIXWXUHIRUWKH

    FRQYHQLHQFHRIWKHSUHVHQW7KH(FRQRPLVWQ

    %XLOGLQJ6RFLDO%XVLQHVV

    7KH1HZ.LQGRI&DSLWDOLVPWKDW6HUYHV+XPDQLW\V0RVW

    3UHVVLQJ1HHGV%\0XKDPPDG

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    50/68

    3,&785(&5(',7$)3

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    $6PDOO+DUG6HOO0LFURLQVXUDQFHVWUXJJOHVWRWDNHRIIZLWKWKRVHZKRQHHGLWPRVW%

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    51/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    3,&785(&5(',7$)3

    ERUURZHU:LWKLQVXUDQFHWKHRSSRVLWH

    LVWUXH&OLHQWVKDYHWRWUXVWWKDWWKH

    LQVXUDQFHFRPSDQ\ZLOODFWXDOO\

    SD\WKHLUFODLP,QSDUWVRIWKHZRUOG

    ZKHUHSRWHQWLDOFXVWRPHUVDUHRIWHQ

    LOOLWHUDWHDQGIRUPDOGRFXPHQWDWLRQ

    OLNHELUWKDQGGHDWKFHUWLFDWHVLV

    UDUHQHZVVSUHDGVTXLFNO\ZKHQ

    LQVXUDQFHFRPSDQLHVEDONRQSD\RXWV

    E\SRLQWLQJWRQHSULQWH[FOXVLRQVOLNH

    SUHH[LVWLQJFRQGLWLRQVDUJXLQJWKDW

    SUHPLXPVZHUHQRWSDLGRUWKDWIRUPDO

    GRFXPHQWVDUHPLVVLQJ

    $QRWKHUVWXPEOLQJEORFNLVWKDW

    PLFURLQVXUDQFHSURGXFWVDUHQRW

    H[LEOHHQRXJKDQGGRQRWUHHFWORFDO

    ULVNVDQGFRQFHUQVZKLFKFDQYDU\

    IURPWKHKHDOWKRIDRFNRIVKHHSLQ

    RQHYLOODJHWRHDUWKTXDNHSURWHFWLRQLQ

    WKHQH[W$OVRDGPLQLVWUDWLRQLQUHPRWH

    DUHDVLVFRVWO\$VZHOODVFROOHFWLQJ

    SUHPLXPVHOGVWDIIPXVWNHHSWUDFNRI

    HYHU\WKLQJIURPQHZERUQFKLOGUHQZKR

    IXWXUHLQFRPHDQGSXOOLQJFKLOGUHQRXW

    RIVFKRRODOORIZKLFKSHUSHWXDWHWKH

    F\FOHRISRYHUW\

    )(:7$.(56$FFRUGLQJWRWKH%LOODQG0HOLQGD

    *DWHV)RXQGDWLRQOHVVWKDQRI

    SHRSOHLQWKHZRUOGVSRRUHVW

    FRXQWULHVKDYHDQ\W\SHRILQVXUDQFH

    WRSURWHFWWKHPIURPQDQFLDOVKRFN

    $FFRUGLQJWRWKH$VLDQ0LFURLQVXUDQFH

    1HWZRUN$0,1DUHJLRQDOQHWZRUN

    RIPLFURLQVXUDQFHSUDFWLWLRQHUVLQ

    FROODERUDWLRQZLWKWKH,/2RQO\

    PLOOLRQ$VLDQVDUHQRZFRYHUHGE\

    PLFURLQVXUDQFHRIWKHPLQ,QGLD

    DQGWKH3KLOLSSLQHV

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    52/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    (9;0*3,

    ZZZGHYHORSPHQWDVLD

    DZLGHVSUHDGLPSDFW:HKDYHQW

    UHDOO\JXUHGRXWDJRRGPRGHO

    0RQLFD%UDQGRIWKHPLFUROHQGLQJ

    MXJJHUQDXW$&&,21,QWHUQDWLRQDOWROG

    7LPHLQ6HSWHPEHU

    *29(510(17,17(59(17,21

    6RPHH[SHUWVDUJXHWKDWJRYHUQPHQWV

    PXVWVWHSLQWRKHOSDQGSURJUHVVRQ

    WKDWIURQWKDVVORZO\EHHQPDGHLQ

    WKHSDVWGHFDGH,Q,QGLDDUHYROXWLRQ

    LQPLFURLQVXUDQFHWRRNSODFHLQ

    ZKHQDVSDUWRI,QGLDVQDWLRQDOVRFLDOLQFOXVLRQSODQWRKHOSWKHUXUDOSRRU

    LWEHFDPHDOHJDOUHTXLUHPHQWIRUDOO

    LQVXUHUVGRLQJEXVLQHVVLQWKHFRXQWU\

    WRIROORZDTXRWDV\VWHPDQGDOORFDWH

    DFHUWDLQDPRXQWRIWKHLUEXVLQHVVWR

    PLFURLQVXUDQFH)DLOXUHWRFRPSO\

    PHDQWQHVDQGDSRVVLEOHUHYRNLQJRI

    OLFHQVHV&XUUHQWO\PLOOLRQSHRSOHLQ

    WKHTXRWDPDUNHWVDUHFRYHUHGXQGHU

    OLIHLQVXUDQFHSROLFLHVDQGPRUHWKDQ

    PLOOLRQDUHFRYHUHGXQGHUQRQOLIH

    LQVXUDQFHDFFRUGLQJWR/OR\GVRI

    /RQGRQ7KHXSVLGHLVWKDWWKHUHKDV

    EHHQDUXVKRISURGXFWLQQRYDWLRQOLNH

    0D[9LMD\WKHGRZQVLGHLVWKDWLWKDV

    EHFRPHHYLGHQWWKDWVRPHLQVXUHUVDUH

    RIIHULQJSURGXFWVZLWKOLWWOHYDOXHRU

    DUHKDOWLQJVDOHVDVVRRQDVWKHLUTXRWDV

    DUHPHW

    6LQFHWKH*RYHUQPHQWRI

    ,QGLDKDVDOVREHHQIXQGLQJVHYHUDO

    RILWVRZQPLFURLQVXUDQFHVFKHPHV

    LQFOXGLQJDKHDOWKLQVXUDQFHSURJUDP

    ZLWKURXJKO\PLOOLRQKRXVHKROGV

    HQUROOHGDQGSD\LQJDWRNHQIHHIRU

    KRVSLWDODQGRWKHUPHGLFDOVHUYLFHV,W

    DOVRVHOOVLQVXUDQFHSURGXFWVWKURXJKWKHVWDWHRZQHG$JULFXOWXUH,QVXUDQFH

    &RPSDQ\RI,QGLD1RQHWKHOHVVWKH

    SHQHWUDWLRQRIPLFURLQVXUDQFHLQ,QGLD

    UHPDLQVDWDQHVWLPDWHGRIWKHDGXOW

    SRSXODWLRQZKLOH/OR\GVRI/RQGRQ

    HVWLPDWHVWKHFRXQWU\VWRWDOPDUNHWIRU

    PLFURLQVXUDQFHWREHEHWZHHQDQG

    PLOOLRQSROLFLHV

    ,QDZD\WKH3HRSOHV5HSXEOLFRI

    &KLQD35&KDVKDGDORQJKLVWRU\

    RIPLFURLQVXUDQFHZLWKWKH$OO&KLQD

    )HGHUDWLRQRI7UDGH8QLRQV$&)78

    SURYLGLQJOLPLWHGFRYHUDJHWR

    PLOOLRQPHPEHUVIRUKHDOWKSURSHUW\

    ORVVXQHPSOR\PHQWDQGRWKHUULVNV

    %XWFRQWHPSRUDU\PLFURLQVXUDQFH

    WRRNURRWLQZLWKWKH&KLQD

    ,QVXUDQFH5HJXODWRU\&RPPLVVLRQV

    &,5&VRFLDOVHFXULW\PRGHOZKRVH

    PRWWRLVJRYHUQPHQWVXSSRUWSHDVDQW

    SDUWLFLSDWLRQFRPPHUFLDORSHUDWLRQ

    ,WLVDWDLORUPDGHPXOWLOHYHOUXUDO

    LQVXUDQFHV\VWHPZLWKZLGHFRYHUDJH

    DFFRUGLQJWRLWVFKDLUPDQ:X

    'LQJIX&,5&ZLOOGHYHORSYDULRXVFXVWRPL]HGSURSHUW\LQVXUDQFH

    OLIHLQVXUDQFHDQGRWKHULQVXUDQFH

    SURGXFWVDQGHQFRXUDJHFRRSHUDWLRQ

    EHWZHHQWKHJRYHUQPHQWDQGLQVXUDQFH

    FRPSDQLHV6RPHRIWKHSURGXFWV

    FXUUHQWO\RIIHUHGLQSLORWSURMHFWV

    LQFOXGHSURGXFWVIRUPLJUDQWZRUNHUV

    HOGHUO\SHRSOHDQGVWXGHQWORDQV

    *5($7327(17,$/

    ,ILQVXUDQFHRQO\ZRUNVZLWKODUJH

    QXPEHUVRIFOLHQWVWKHUHZRXOGVHHPWR

    EHJUHDWSRWHQWLDOLQWKHVKHHUQXPEHU

    RISRRUSHRSOHZRUOGZLGH/OR\GV

    RI/RQGRQHVWLPDWHVWKHORZLQFRPH

    PDUNHWPHDVXUHGE\WKHQXPEHURI

    SRWHQWLDOFOLHQWVWREHELOOLRQWR

    ELOOLRQSRWHQWLDOFXVWRPHUV

    $FFRUGLQJWR0LFKDHO0F&RUG

    GLUHFWRURIFRQVXOWDQF\0LFURLQVXUDQFH

    &HQWUHLQWKH8QLWHG6WDWHVQXPEHUVDUH

    JUDGXDOO\LQFUHDVLQJ+HHVWLPDWHVWKDW

    LQWKHZRUOGVSRRUHVWFRXQWULHVWKH

    DUHSRWHQWLDOEHQHFLDULHVWRWKHQHHGV

    RIDFOLHQWFODLPLQJKHDOWKFRYHUDJH

    DQGGHWHUPLQLQJLIDVSRXVHLVDFWXDOO\

    GHFHDVHGZKHQDGHDWKFHUWLFDWHFDQQRWEHSURGXFHG&RQVWDQW

    PRQLWRULQJLVUHTXLUHGEXWWRNHHS

    SUHPLXPVORZDGPLQLVWUDWLRQFRVWV

    PXVWEHNHSWWRDPLQLPXPDVZHOO

    :KLOHLWZRXOGVHHPDQDWXUDOW

    IRUPLFURQDQFHLQVWLWXWLRQVWRVHOO

    PLFURLQVXUDQFHWKH\WRRRSHUDWH

    LQPLFURLQVXUDQFHVWDUJHWDUHDVRI

    UHPRWHUXUDODUHDVDQGVOXPVWKH\

    DUHXQOLNHO\WRKDYHORFDOL]HGULVN

    PDQDJHPHQWH[SHUWLVHVLQFHEDQNLQJ

    LVVLPSO\DFDOFXODWLRQRILQWHUHVWUDWHV

    ZKHUHDVPLFURLQVXUDQFHLVFRPSOH[

    DQGEDVHGRQSUREDELOLWLHV

    ,QVXUDQFHDOVRUHTXLUHVDODUJH

    SRRORISHRSOHWRVSUHDGWKHQDQFLDO

    FRQVHTXHQFHVRIVSHFLFLQGLYLGXDO

    ULVNV0LFURLQVXUDQFHVQHHGIRUODUJH

    YROXPHLVRQHUHDVRQZK\WKHKLVWRU\

    RIPLFURLQVXUDQFHVXFFHVVKDVQRWEHHQ

    VWHOODUVD\V1HLO'RKHUW\SURIHVVRU

    RILQVXUDQFHDQGULVNPDQDJHPHQW

    DWWKH:KDUWRQ6FKRRO8QLYHUVLW\RI

    3HQQV\OYDQLD

    7KHUHLVDYDVWYDULHW\RIGLIIHUHQWPLFURLQVXUDQFHSODQVLQYDULRXVVWDJHV

    RIGHYHORSPHQWDQGVRPHDUHVKRZLQJ

    JRRGORFDOVXFFHVVVXFKDV,QGLDV

    6KUL0DKLOD6HZD6DKDNDUL6(:$

    %DQNZKLFKRIIHUVDFKRLFHRIWKUHH

    PLFURLQVXUDQFHVFKHPHVFRYHULQJ

    GHDWKKHDOWKDQGDVVHWVIRUSRRU

    VHOIHPSOR\HGZRPHQ+XVEDQGV

    DQGDOOWKHFKLOGUHQLQDIDPLO\DUH

    FRYHUHGE\RQHSUHPLXPWRDYRLG

    IDPLOLHVKDYLQJWRFKRRVHZKLFKRI

    WKHLUFKLOGUHQWRLQVXUH,WLVLQQRYDWLYH

    LQWKDWWKHLQVXUDQFHLVLQWHJUDWHG

    ZLWK6(:$VVDYLQJVDFFRXQWVVRWKDW

    FOLHQWVFDQXVHDFFXPXODWHGLQWHUHVW

    WRSD\SUHPLXPV6WDUWHGLQ

    ZLWKFOLHQWV6(:$QRZFRYHUV

    QHDUO\ZRPHQPHQDQG

    FKLOGUHQ%XWRYHUDOOPLFURLQVXUDQFH

    VFKHPHVUHPDLQLVRODWHGDQGSRRUO\

    GRFXPHQWHGDQGDUHUDUHO\WDNHQLQWR

    DFFRXQWZKHQQDWLRQDOSROLFLHVDQG

    SURJUDPVDUHGHVLJQHGWKDWFRXOGKDYH

    0LFURLQVXUDQFHVQHHG

    IRUODUJHYROXPHLVRQHUHDVRQZK\WKHKLVWRU\RIPLFURLQVXUDQFHVXFFHVVKDVQRWEHHQVWHOODU

    5LPS+VOLY[`WYVMLZZVYVM

    PUZ\YHUJLHUKYPZRTHUHNLTLU[H[

    [OL>OHY[VU:JOVVS

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    53/68

    XSLQ-DQXDU\ZLWKSODQVWREULQJ

    LQVXUDQFHDQGQDQFLDOVHUYLFHVWR

    PLOOLRQORZLQFRPHSHRSOHLQ$IULFD

    DQG$VLD,QWKH\FUHDWHGWKH

    /HDS)URJ)LQDQFLDO,QFOXVLRQ)XQG

    WKHUVWLQYHVWPHQWIXQGIRFXVHG

    RQPLFURLQVXUDQFHZLWKEDFNLQJ

    IURPWKHOLNHVRIH%D\IRXQGHU3LHUUH

    2PLG\DUDQGWKH(XURSHDQ,QYHVWPHQW

    %DQN,Q0D\/HDS)URJWKH

    ODUJHVWLQYHVWRULQPLFURLQVXUDQFH

    ZRUOGZLGHDQQRXQFHGDPLOOLRQ

    PLFURLQVXUDQFHLQLWLDWLYHWROLIWWHQVRI

    PLOOLRQVRXWRISRYHUW\

    2QHRIWKHVWDXQFKHVWVXSSRUWHUV

    RIPLFURLQVXUDQFHVLQFHLVWKH

    %LOODQG0HOLQGD*DWHV)RXQGDWLRQ

    ZKLFKKHOSVWKHSRRUZRUNWKHLUZD\

    RXWRISRYHUW\,Q'HFHPEHU

    WKHIRXQGDWLRQSDUWQHUHGZLWKWKH

    ,/2SUHVHQWLQJDPLOOLRQJUDQWWR

    FUHDWHWKH0LFURLQVXUDQFH,QQRYDWLRQ

    )DFLOLW\GHVLJQHGWRVWLPXODWH

    WKHGHYHORSPHQWRILQVXUDQFHE\SURYLGLQJJUDQWVIXQGLQJWHFKQLFDO

    DVVLVWDQFHDQGFRQGXFWLQJUHVHDUFK

    WRKHOSRUJDQL]DWLRQVLQWURGXFHQHZ

    PLFURLQVXUDQFHSURJUDPVDQGSURGXFWV

    2QH*DWHV)RXQGDWLRQVSRQVRUHG

    SLORWSURMHFWLVLQ%DQJODGHVK6L[

    QRQJRYHUQPHQWRUJDQL]DWLRQV

    DQG%DQJODGHVKEDVHG3UDJDWL

    /LIH,QVXUDQFHDUHRIIHULQJOLIH

    LQVXUDQFHZLWKVRPHKRVSLWDOL]DWLRQ

    FRYHUDJH7KHLQLWLDOWDUJHWLV

    %DQJODGHVKLVDQGWKH\SODQWRVFDOHXS

    VLJQLFDQWO\DIWHU\HDUV7KHFRYHUDJH

    ZLOOEHVKRUWRYHURU\HDUWHUPV

    $XQLTXHIHDWXUHLVWKDWSROLF\KROGHUV

    ZLOOEHUHIXQGHGWKHLUSUHPLXPVDQG

    DQDGGLWLRQDORIWKHLULQYHVWPHQW

    LIQRFODLPVDUHPDGHGXULQJWKHOLIH

    RIWKHSROLF\,IWKH\PDNHQRFODLPRQ

    WKHLUKRVSLWDOL]DWLRQFRYHUDJHWKHUHLV

    QRUHIXQGEXWFRQVHTXHQWSUHPLXPV

    DUHGLVFRXQWHGE\IRUHDFK

    VXEVHTXHQW\HDUWKDWWKHUHLVQRFODLP

    ,Q)HEUXDU\2SSRUWXQLW\

    ,QWHUQDWLRQDODPLFURQDQFHLQVWLWXWLRQUHFHLYHGDPLOOLRQ

    JUDQWIURPWKH*DWHV)RXQGDWLRQ

    IRU2SSRUWXQLW\V0LFUR(QVXUH

    WKHZRUOGVUVWVWDQGDORQH

    PLFURLQVXUDQFHEURNHU7KH\ZLOOPRYH

    LQWRQHZFRXQWULHVLQ$IULFD$VLD

    DQG/DWLQ$PHULFDWRSURYLGHOLIH

    KHDOWKDQGFURSLQVXUDQFHWRPLOOLRQ

    SRRUSHRSOHE\$W\SLFDOOLIH

    LQVXUDQFHSROLF\FRVWVDERXWSHU

    PRQWKDQGSD\VDGHDWKEHQHWIRUWKH

    KHDGRIWKHKRXVHKROGVSRXVHRUFKLOG

    7KHSURGXFWLVVRSRSXODUWKDWDERXW

    QHZFOLHQWVDUHVLJQLQJHDFK

    PRQWKLQWKH3KLOLSSLQHV0LFUR(QVXUH

    FXUUHQWO\KDVSROLFLHVFRYHULQJ

    PLOOLRQOLYHVLQ$IULFDQDQG

    $VLDQFRXQWULHV

    %LOOLRQVRIXQLQVXUHGZRUNLQJSRRU

    ZRUOGZLGHKDYHELJLQVXUHUVDQJOLQJ

    LQFUHDVLQJO\LQQRYDWLYHQHZSURGXFWV

    WRFDWFKWKHLUEXVLQHVV%XWWKHTXHVWLRQ

    UHPDLQVZLOOWKH\ELWHQRZ"Q

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    QXPEHURISHRSOHXVLQJPLFURLQVXUDQFH

    KDVULVHQIURPMXVWXQGHUPLOOLRQ

    LQWRDERXWPLOOLRQWRGD\

    $QRWKHUVLJQWKDWWKLQJVDUHSLFNLQJXS

    LVWKDWPXOWLQDWLRQDOLQVXUDQFHUPV

    DUHSD\LQJDWWHQWLRQ,QLWVVXUYH\

    RQPLFURQDQFH7KH(FRQRPLVWVD\V

    2QHRIWKHPRVWHQFRXUDJLQJWUHQGV

    LQPLFURQDQFHLVWKDWWKHZRUOGV

    ODUJHVWEDQNVDQGLQVXUHUVDUHEHFRPLQJ

    LQWHUHVWHG0XQLFK5HLVWHVWLQJ

    RRGLQVXUDQFHLQ-DNDUWD6ZLVV5HLV

    LQYROYHGLQKHDOWKSROLFLHVLQ3DNLVWDQ

    DQG=XULFK5HLVGDEEOLQJZLWK

    GLVDELOLW\FRYHUDJHLQWKH35&

    'HVSLWHDOOWKHREVWDFOHV

    PLFURLQVXUDQFHKDVDJURZLQJEDQG

    RISDUWLFLSDQWVLQFOXGLQJWKRVHIURP

    WKHLQYHVWRUFRPPXQLW\/X[HPERXUJ

    EDVHG/HDS)URJ,QYHVWPHQWVZDVVHW

    ources The Landscape of Microinsurance in the Worlds 100 Poorest Countries, im oth ichael cCordand Dominic iber 2 Protecting the Poor: A Microinsurance Compendium, Craig Churchill editor 2

    EEAC AD DEG MARK BLACKWELL

    E ao D = ao eoples Democratic epublic

    igures are for member nations that are among the worlds 1 poorest nations and for which suitable data is available

    illions of poor across sia are covered by life microinsurancebut most in the region are not

    Barely Covered

    ercentage of poor with life microinsurance by nation

    ietamess

    than %

    ao Dessthan%

    epaless than %akistan

    ess than %

    urkmenistaness than %

    eoples epublic of China% to %

    Bangladesh% to 1%

    ndia

    % to %

    ri ankaess than %

    ndonesiaess than %

    hilippines% to

    1%Examples ofother types ofmicroinsurancecoverage

    ealth

    ccidentaldeath anddismemberment

    Crop or property damage

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    54/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    ,QYLVLEOH$VLD0DQ\ELUWKVLQ$VLDDUHQHYHUUHFRUGHG$VWKRVHFKLOGUHQ

    JURZXSWKHODFNRIELUWKUHJLVWUDWLRQFRPSOLFDWHVLQVRPHFDVHVHYHQUXLQVWKHLUOLYHV

    %

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    55/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    56/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    (9;0*3,

    ZZZGHYHORSPHQWDVLD

    3,&785(&5(',7-83,7(5,0$*(6

    LVGLIFXOWIRUPDQ\SHRSOHWRDFTXLUH

    81,&()GHQHVELUWKUHJLVWUDWLRQDV

    WKHRIFLDOUHFRUGLQJRIWKHELUWKRI

    DFKLOGE\VRPHDGPLQLVWUDWLYHOHYHO

    RIWKHVWDWHDQGFRRUGLQDWHGE\D

    SDUWLFXODUEUDQFKRIJRYHUQPHQW

    &LYLOUHJLVWUDWLRQLVWKHEDVLVRI

    JRYHUQDQFHVD\V-XGLWK(QQHZ

    ZKRVWDUWHG.QRZLQJ&KLOGUHQWKH

    FKLOGUHQVULJKWV1*2LQ7KDLODQG

    ZKLFKLQLWLDWHGWKH7KLVLV:KR

    ,$PSURMHFWWRSURYLGHLGHQWLW\

    GRFXPHQWDWLRQEH\RQGQDWLRQDOLW\

    IRUVWDWHOHVVFKLOGUHQ,IDQDWLRQDO

    VWDWHGRHVQWNQRZZKRLWVGHQL]HQV

    DUHLWFDQWPDNHJRRGSROLFLHVVKH

    VD\V

    )LUVWGHFODUHGDKXPDQULJKWLQ

    ELUWKUHJLVWUDWLRQLVRIWHQFRQIXVHGZLWK

    QDWLRQDOLW\5HJLVWUDWLRQSURYLGHVOHJDOUHFRJQLWLRQWKDWDSHUVRQH[LVWVWKRXJK

    LWLVQRWWKHRQO\IRUPRIOHJDOLGHQWLW\

    DYDLODEOH7KHUHLVDOVRKRXVHKROG

    UHJLVWUDWLRQFLWL]HQVKLSFHUWLFDWHVDV

    LQ1HSDODQGHYHQWKHIDPLO\ERRNV

    LQ&DPERGLDLQLWLDWHGE\WKH.KPHU

    5RXJHLQWKHVIRUOLVWLQJIDPLO\

    QDPHVDQGELUWKGDWHV

    5HSUHVHQWHGE\DELUWKFHUWLFDWH

    ELUWKUHJLVWUDWLRQLVWKHSUHIHUUHG

    VWDQGDUGEHFDXVHLWDIUPVDJHSODFH

    RIELUWKQDWLRQDOLW\DQGIDPLO\WLHV

    ZKLFKDUHQHFHVVDU\IRULQKHULWDQFH

    ULJKWVREWDLQLQJDSDVVSRUWDQGIRU

    SURWHFWLRQ3URRIRIDJHFDQGHWHUPLQH

    %$%

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    57/68

    ZKHWKHUDQDGXOWKDVFRPPLWWHGDVH[

    FULPHDJDLQVWDPLQRUZKHWKHUDFKLOG

    LVWRR\RXQJWRZRUNRUPDUU\RUVHUYH

    LQWKHDUPHGIRUFHVDQGMXYHQLOHMXVWLFHLPSOLFDWLRQV

    %LUWKUHJLVWUDWLRQVVHFRQGSXUSRVH

    LVVWDWLVWLFDO5HFRUGVHQDEOHDFRXQWU\

    WRWUDFNLWVSRSXODWLRQQXPEHUVDQG

    WUHQGV'DWDLQIRUPVSROLF\PDNLQJ

    DQGSODQQLQJDQGWKHGHOLYHU\

    RIVHUYLFHVHVSHFLDOO\LQKHDOWK

    HGXFDWLRQKRXVLQJZDWHUDQG

    VDQLWDWLRQ,QFRXQWULHVVXFKDVWKH

    3KLOLSSLQHVJRYHUQPHQWEXGJHWLQJ

    LVEDVHGGLUHFWO\RQWKHSRSXODWLRQ

    FRXQW

    )RUDGYRFDWHVVXFKDV0LQJ9LDGR

    WKH$VLDQUHJLRQDODGYLVHUIRUXQLYHUVDO

    ELUWKUHJLVWUDWLRQIRU3ODQ,QWHUQDWLRQDO

    ELUWKUHJLVWUDWLRQJXUHVDUHPRUH

    UHOLDEOHWKDQFHQVXVGDWD7KHFHQVXV

    LVQRWWKDWDFFXUDWHPD\EHLQWRZQ

    FHQWHUVRND\EXWQRWIRUWKHIDUXQJ

    DUHDV7KHJRYHUQPHQWSHRSOHHYHQ

    DGPLWWKDWLWVQRWYHU\DFFXUDWH

    3ODQ,QWHUQDWLRQDOMXVWFRQFOXGHGD

    \HDUELUWKUHJLVWUDWLRQFDPSDLJQZLWK

    81,&()LQFRXQWULHV

    ,QVRPHFRXQWULHVFKLOGUHQPXVWVKRZELUWKFHUWLFDWHVWRSURYHWKH\

    DUHROGHQRXJKWRHQUROOLQVFKRRO,Q

    RWKHUVWKH\QHHGSURRIRIQDWLRQDO

    LGHQWLW\WRVLWIRUH[DPVRUIRUDVFKRRO

    FRPSOHWLRQFHUWLFDWHDQGELUWK

    FHUWLFDWHVDUHRIWHQQHFHVVDU\WRREWDLQ

    GHFHQWHPSOR\PHQWRUVXEVLGL]HG

    KHDOWKFDUH

    (VWDEOLVKLQJQDWLRQDOLGHQWLW\W\SLFDOO\

    UHTXLUHVDELUWKFHUWLFDWHWKRXJK

    LQVRPHFRXQWULHVRWKHUHYLGHQFHLV

    DFFHSWHGVXFKDVOHWWHUVIURPYLOODJH

    FKLHIVRUZLWQHVVHVRIWKHELUWK

    1HFHVVLW\RIWHQSURPSWVROGHUSHRSOH

    WRQDOO\UHJLVWHU9LDGRVELUWKZDVQRW

    UHJLVWHUHGXQWLOVKHZDVDQGQHHGHG

    SURRIIRUKHUVL[WKJUDGHFRPSOHWLRQ

    FHUWLFDWHEHFDXVHKHU,IXJDRSDUHQWVLQ

    QRUWKHUQ3KLOLSSLQHVGLGQRWUHDOL]HLWV

    LPSRUWDQFH)RUWKHPOLNHPDQ\ROGHU

    JHQHUDWLRQVELUWKUHJLVWUDWLRQZDVQRW

    WKHLPSHUDWLYHLWKDVEHFRPHLQUHFHQW

    WLPHV

    7RGD\PLOOLRQVRISHRSOHPRYH

    DZD\IURPKRPHDQGFURVVERUGHUV

    IRUHPSOR\PHQW3DVVSRUWVXVXDOO\

    GHSHQGRQDELUWKFHUWLFDWHEXWQRW

    HYHU\ZKHUH,Q1HSDOIRULQVWDQFH

    FLWL]HQVPXVWVKRZDVHSDUDWH

    FLWL]HQVKLSGRFXPHQW:KLOHWKH

    PDVVLYHPLJUDWLRQRISHRSOHKDVVHW

    RIIZDYHVRIQDWLRQDOLVPPRUHDQG

    PRUHFRXQWULHVSUDLVHUHPLWWDQFHV

    FRQWULEXWLRQWRWKHJURVVGRPHVWLF

    SURGXFWDQGSRYHUW\DOOHYLDWLRQ

    0$1

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    58/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    (9;0*3,

    ZZZGHYHORSPHQWDVLD

    )RUWKHPRVWSDUWXQUHJLVWHUHG

    ELUWKVDUHFKLOGUHQRIWKHSRRU

    DQGPDUJLQDOL]HGDFFRUGLQJWR

    81,&()7KHODFNRIUHJLVWUDWLRQRQO\H[DFHUEDWHVWKHLUSRYHUW\DQG

    XQGHUVFRUHVWKHLUPDUJLQDOL]DWLRQ

    VWDWHVWKHLUUHSRUW%LUWK5HJLVWUDWLRQ

    5LJKWIURPWKH6WDUW81,&()UHVHDUFK

    LQIRXQGDVWURQJFRUUHODWLRQ

    EHWZHHQELUWKUHJLVWUDWLRQDQG

    DFFHVVWREHQHWVLQFRXQWULHVD

    FRUUHODWLRQQRWQHFHVVDULO\DFDXVDO

    OLQN9DQGHQDEHHOHSRLQWVRXW

    :LWKRXWFRPSOHPHQWDU\UHIRUPV

    VKHDGGVVRPHELUWKUHJLVWUDWLRQ

    FDPSDLJQVFRXOGLQDGYHUWHQWO\HQG

    XSFXWWLQJSHRSOHRIIIURPWKHYHU\

    JRDOWKH\KRSHGWRDFKLHYHDFFHVV

    WRVHUYLFHVDQGRSSRUWXQLWLHV6WLOO

    9DQGHQDEHHOHGRHVQRWZDYHURQ

    WKHLPSRUWDQFHRIELUWKUHJLVWUDWLRQ

    6KHKDVGHVLJQHGIRU$'%D\HDU

    PLOOLRQOHJDOLGHQWLW\UHJLVWUDWLRQ

    SURMHFWEHLQJODXQFKHGWKLV\HDULQ

    1HSDO7KHSURMHFWLVGHVLJQHGWR

    SURYLGHELUWKUHJLVWUDWLRQVWRRI

    WKHSRRULQGLVWULFWV

    :+

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    59/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    127($6

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    60/68

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    .LQJRI+HDUWV,QGLDVPRVWIDPRXVVXUJHRQKDVEURXJKWFDUGLDFFDUHZLWKLQUHDFKIRUPLOOLRQVRIZRUNLQJSRRU

    %

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    61/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    +HDUW&DUHRQ:KHHOVLVDQRWKHU

    LQQRYDWLYHHIIRUWWREULQJGLDJQRVLV

    DQGWUHDWPHQWWRUHPRWHUHJLRQV7KH

    PRELOHKHDUWFOLQLFURDPV.DUQDWDND

    6WDWHWUHDWLQJXSWRSDWLHQWVDGD\

    ZLWKPHGLFDOVWDIILQFRPPXQLFDWLRQ

    ZLWK1DUD\DQD+UXGD\DOD\D

    +($/7+,1685$1&(,QFROODERUDWLRQZLWKWKH.DUQDWDND

    6WDWH*RYHUQPHQW1DUD\DQD

    +UXGD\DOD\DODXQFKHGDPLFUR

    KHDOWKLQVXUDQFHSURJUDPFDOOHG

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    62/68

    3,&785(&5(',7,0$*(6285&(

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    $QFLHQW*UDVV5HERUQ%DPERRKHOSV$VLDVUXUDOSRRUFXWDJUHHQSDWKRXWRISRYHUW\%

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    63/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    PDNHHYHU\WKLQJIURPDFWLYDWHG

    FKDUFRDOWRIDEULFDQGLISURSHUO\

    PDQDJHGLWZLWKVWDQGVKDUYHVWLQJ

    XQOLNHKDUGZRRGWLPEHUVLPSO\

    UHJHQHUDWLQJWRSURGXFHPRUHEDPERR

    3HWHU6MRYDOOFKLHIQDQFLDORIFHU

    RI$VLDQ%DPERRDOHDGLQJSURGXFHU

    RIPRVREDPERRRQHRIWKHEHVW

    VSHFLHVIRUEDPERREDVHGSURGXFWVLQ

    WKH35&V)XMLDQ3URYLQFHVD\VKLV

    FRPSDQ\LVH[SDQGLQJGXHWRDJOREDO

    WUHQGWRZDUGVXVWDLQDEOHPDWHULDOV

    DQGDJURZLQJLQWHUHVWLQRUJDQLF

    IRRG$ERXWRISURWVFRPHIURP

    EDPERRVKRRWVPRVWIRUGRPHVWLF

    FRQVXPSWLRQDQGWKHUHVWIRUH[SRUW

    7KHRWKHUFRPHVIURPVDOHVWR

    QHDUE\WKLUGSDUW\PDQXIDFWXUHVRI

    RRULQJSDSHUDQGEDPERRSO\ERDUG

    $WD521$EXLOGLQJVXSSO\FKDLQ

    VWRUHLQ%ULWLVK&ROXPELD&DQDGD

    RRULQJVSHFLDOLVW6X]DQQH%XEERLO

    VD\VPRUHFXVWRPHUVDUHFKRRVLQJ

    EDPERRRRULQJWKHVHGD\V3HRSOH

    ORRNIRUWKHHFRIULHQGO\ODEHOWKDW

    FHUWLHVLWLVVXVWDLQDEOHDQGQRW

    IURPH[SORLWHGODERUVKHVD\V,Q

    UHFHQWGXUDELOLW\WHVWVXQGHUWDNHQE\

    &RQVXPHU5HSRUWVEDPERRRRULQJ

    RXWSHUIRUPHGKDUGZRRGRRUV

    LQFOXGLQJRDN

    7KHUHQHZDEOHFUHGHQWLDOVRIEDPERR

    DUHLPSHFFDEOHLWUHDFKHVPD[LPXP

    VL]HLQMXVWWRGD\VFDQEH

    FRPPHUFLDOO\KDUYHVWHGDIWHUWR

    \HDUVDQGJURZVZLWKRXWIHUWLOL]HU

    RQODQGXQVXLWDEOHIRUDJULFXOWXUDO

    FURSV7KHHQWLUHWUHHLVXVHGWR

    3,&785(&5(',7+(0,6)5

    (9(5*5((1$PDUNHWLQ9LHW1DPVHOOV

    IUHVKO\FXWEDPERRSROHV9HUVDWLOHDQG

    IDVWJURZLQJWKLVWDOOJUDVVLVZLGHO\

    FXOWLYDWHGLQ$VLDDQGKDVPDQ\XVHV\HW

    LWUHPDLQVXQGHUXWLOL]HGVD\H[SHUWV

    DQGIXUQLWXUHZKLFKHPSOR\ORFDO

    ODERU7KHFRPSDQ\PDQDJHVDURXQG

    KHFWDUHVRIEDPERRSODQWDWLRQV

    ZKLFKDUHOHDVHGIURPFRRSHUDWLYHVRI

    VPDOOIDUPHUV7KHIDUPHUVPDNHPRUH

    PRQH\WKDQWKH\FRXOGRQWKHLURZQ

    DVWKH\UHFHLYHERWKDQXSIURQWOHDVH

    IHHDQGJHWSDLGIRUKDUYHVWLQJZRUN

    $ERXWIDUPHUVDUHLQYROYHGLQ

    KDUYHVWLQJDQGDURXQGSHRSOH

    ZRUNLQORFDOEDPERRVKRRWSURFHVVLQJ

    IDFWRULHV7KHFRPSDQ\HVWLPDWHVWKDW

    EDPERRJHQHUDWHVWRWLPHVPRUH

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    64/68

    3,&785(&5(',7$)3

    'HYHORSPHQW$VLD -XO\6HSWHPEHU

    9,*655(0:(5*,

    ZZZGHYHORSPHQWDVLD

    LQFRPHSHUXQLWRIODQGWKDQ&KLQHVH

    URUSLQHSODQWDWLRQV

    9LHW1DPLVIRUJLQJDKHDGZLWK

    WKHGHYHORSPHQWRILWVEDPERRLQGXVWU\ZLWKWKHKHOSRIWHFKQRORJ\

    WUDQVIHUVDQGH[SHUWLVHIURPWKH35&

    IDFLOLWDWHGE\,1%$5DQH[DPSOH

    RIKRZ,1%$5EULQJVH[SHUWVIURP

    LWVPHPEHUFRXQWULHVWRJHWKHUWR

    OHDUQIURPHDFKRWKHU,1%$5DLPV

    WRVHWXSGHPRQVWUDWLRQSURMHFWV

    LQ$IULFD$VLDDQG/DWLQ$PHULFD

    WRKLJKOLJKWEHVWSUDFWLFHVIRUVRLO

    ZDWHUDQGELRGLYHUVLW\FRQVHUYDWLRQ

    UHKDELOLWDWLRQRIGHJUDGHGODQGVDQG

    FDUERQVHTXHVWUDWLRQ

    ,03529,1*,1&20(6)257+(3225

    )DVWJURZLQJVXVWDLQDEOHDQGULJKW

    LQWKHEDFN\DUGRIPLOOLRQVRISRRU

    $VLDQVEDPERRLVDQXQGHUXVHG

    UHVRXUFHZLWKWKHSRWHQWLDOWROLIWUXUDO

    GZHOOHUVRXWRISRYHUW\DFFRUGLQJ

    WR,1%$5V+RRJHQGRRUQ6KHDQG

    RWKHUH[SHUWVVWUHVVWKDWRQHRIWKHNH\

    ZD\VWRLQFUHDVHKRXVHKROGLQFRPHV

    LVWRNHHSDVPXFKSUHSURFHVVLQJ

    DVSRVVLEOHFORVHWRWKHSURGXFLQJ

    DUHDVZKHUHWKHIDUPHUVOLYHUDWKHUWKDQZDVWLQJHQHUJ\WUDQVSRUWLQJ

    UDZEDPERRWRGLVWDQWIDFLOLWLHV7KLV

    PD\LQYROYHVLWLQJIDFWRULHVQHDUE\

    RUXQGHUWDNLQJVLPSOHSUHSURFHVVLQJ

    SUHVHUYDWLRQZKLFKLQYROYHVOHDFKLQJ

    WKHVWDUFKIURPUDZEDPERREHFDXVHLW

    DWWUDFWVLQVHFWVDQGIXQJXV

    $ULHI5DELNFRRUGLQDWLQJGLUHFWRU

    RIWKH(QYLURQPHQWDO%DPERR

    )RXQGDWLRQLQ%DOL,QGRQHVLDVD\V

    WKLVSURFHVVFDQUDLVHWKHSULFHSHU

    SROHIURPDERXWIRUUDZEDPERR

    WRIRUDSUHVHUYHGSROHDFOHDU

    H[DPSOHKRZWUDLQHGIDUPHUVFDQDGG

    YDOXH

    :KHQ5DELNYLVLWV,VHKLQHDVWHUQ

    %DOLWKHYLOODJHKHDGPDQSRLQWVRXW

    WKDWDOPRVWDOOWKHLQIUDVWUXFWXUHLQWKH

    YLOODJHZDVIXQGHGZLWKSURWVIURPD

    KHFWDUHJURYHWKDWWKHFRPPXQLW\

    KDVFDUHIXOO\PDQDJHGIRUPRUHWKDQ

    \HDUV5DELNKHOSHGWKHYLOODJHUV

    VHWXSWKHPDQXIDFWXUHRIEDPERR

    URRIVKLQJOHVZKLFKQHWVWKHP

    DSROH+LVRUJDQL]DWLRQDOVRUXQV

    ZRUNVKRSVLQEDPERRPDQDJHPHQW

    DQGFXOWLYDWLRQRIYDOXDEOHDVVRFLDWHG

    XQGHUVWRU\VSHFLHVVXFKDVWXUPHULF

    JLQJHUDQGYDQLOOD7KLVPHDQV

    IDUPHUVJRWRWKHLUEDPERRFOXPSV

    PRUHIUHTXHQWO\DQGEHWWHUPDLQWDLQ

    WKHP:HOOPDQDJHGEDPERRJURZV

    VWUDLJKWDQGVWURQJ2YHU\HDUVWKLV

    NLQGRIFDUHLQFUHDVHVSURWVE\XSWR

    WLPHVVD\V5DELN

    %DPERRUHSUHVHQWVDWUHPHQGRXV

    RSSRUWXQLW\IRUPLOOLRQVRIWKHUXUDO

    SRRUKHVD\VEXWIDUPHUVQHHG

    KHOSWRXQGHUVWDQGWKDWVXVWDLQDEOH

    PDQDJHPHQWSUDFWLFHVJRKDQGLQ

    KDQGZLWKJRRGEXVLQHVVDQGWKDW

    WKH\QHHGWRIRUPEHWWHUQHWZRUNVDQG

    FRRSHUDWLYHVZKLFKZLOOKHOSWRFUHDWH

    DVWDQGDUGSULFLQJV\VWHPIRUEDPERR

    *52:,1*

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    65/68

    ZZZGHYHORSPHQWDVLD -XO\6HSWHPEHU 'HYHORSPHQW$VLD

    3,&785(&5(',7$)3

    DVXSSO\FKDLQLQKLVQDWLYH1HSDO

    DQGKDVDOUHDG\EXLOWORZFRVW

    EDPERRKRXVHVDWOHVVWKDQKDOIWKH

    FRVWRIFRQYHQWLRQDOXQVXVWDLQDEOH

    PDWHULDOVZRRGFRQFUHWHDQG

    VWHHO:KDWVPRUHWKHSUHIDEULFDWHG

    EDPERRKRXVHVDUHHDUWKTXDNH

    UHVLVWDQWWHVWVLQ,QGLDKDYHVKRZQ

    WKH\FDQHDVLO\ZLWKVWDQGDPDJQLWXGH

    HDUWKTXDNH7KHVHSUHIDEULFDWHG

    EDPERRKRXVHVDUHHDV\WRFRQVWUXFW

    KDYHJRRGLQVXODWLRQFKDUDFWHULVWLFV

    DQGSDFNHGDWDUHFKHDSWR

    WUDQVSRUWVD\V3DXGHO7KHXVHRI

    EDPERRLQKRXVHFRQVWUXFWLRQDOVR

    KHOSVWRSUHYHQWGHIRUHVWDWLRQ

    5HVHDUFKFRQGXFWHGLQ&RVWD5LFD

    UHYHDOHGWKDWDVOLWWOHDVRQHHLJKWK

    WKHDUHDRIQDWXUDOIRUHVWLVQHHGHGIRU

    DEDPERRSODQWDWLRQWRVXSSO\

    EDPERRKRXVHV7KLVLVEHFDXVHRI

    LWVVWUHQJWKIDVWJURZWKUDWHDQGWKH

    JURZLQJVWRFNRIEDPERRFOXPSV

    ,1%$5V&DUPHOLWD%HUVDORQDKDV

    KHOSHGEDPERRPDNHUVLQ$EUD

    RQHRIWKHSRRUHVWDUHDVLQWKHQRUWKHUQ

    3KLOLSSLQHVUDLVHWKHLUHDUQLQJVE\

    PDNLQJEDPERRPDWVIRUKLJKYDOXH

    IXUQLWXUHDQGKRXVHFRPSRQHQWV

    LQVWHDGRIORZHUYDOXHEDVNHWV

    7KHGHYHORSPHQWRIQHZEDPERR

    WHFKQRORJ\DQGGHVLJQVEULQJKLJKHU

    HDUQLQJVWRFRPPXQLW\SURGXFHUV

    0RUHRYHUWKHPHFKDQL]DWLRQRI

    SURGXFWLRQKDVLQFUHDVHGSURGXFWLYLW\

    HQDEOLQJPRUHSHRSOHWREHFRPH

    FRRZQHUVRIFRPPXQLW\EDPERR

    HQWHUSULVHV

    (526,21&21752/9LOODJHUVFRQVWUXFW

    DEDPERRZDOOWRSURWHFWWKHODQGDORQJ

    WKHVHDVLGHLQ.RN.DUPLQ7KDLODQGV

    YDVW&KDR3KUD\DULYHUGHOWDZKLFKLVVLQNLQJEHFDXVHRIULYHUGDPPLQJDQG

    WKHFOHDULQJRIPDQJURYHIRUHVWV

    2QHSUREOHPWKDWPXVWEHRYHUFRPH

    LQ1HSDODQGHOVHZKHUHLQ$VLD

    DFFRUGLQJWR3DXGHOLVWKDWEDPERR

    LVVHHQDVSRRUPDQVWLPEHUDVWLJPD

    WKDWXQGHUPLQHVWKHEDPERRV

    SRWHQWLDOLQSURYLGLQJDIIRUGDEOH

    KRXVLQJ+RZHYHU3DXGHOEHOLHYHVWKDW

    WKLVLPDJHZLOOFKDQJHDVSHRSOHDFURVV

    WKHVRFLDOVSHFWUXPDFFHSWEDPERRDVD

    FRQVWUXFWLRQPDWHULDO

    &$5%21+(52

    %DPERRLVHIFLHQWDWVHTXHVWHULQJ

    FDUERQGLR[LGHPDNLQJLWDYDOXDEOH

    SOD\HULQJUHHQKRXVHJDVPLWLJDWLRQ

    VD\V5DELNRIWKH(QYLURQPHQWDO

    %DPERR)RXQGDWLRQ2YHURI

    WKHFDUERQFRQWDLQHGLQEDPERR

    FDQEHVHTXHVWHUHGLQORQJODVWLQJ

    SURGXFWVVXFKDVRRUVIXUQLWXUH

    DQGEXLOGLQJV,1%$5VVXVWDLQDELOLW\

    DQGFDUERQ[LQJFDSDFLW\VWXGLHVFRQFOXGHWKDWEDPERRVELRPDVV

    DQGFDUERQSURGXFWLRQKDVEHHQ

    IRXQGWREHURXJKO\HTXLYDOHQWWR

    WKDWRIIDVWJURZLQJZRRGVSHFLHV

    7KHRUJDQL]DWLRQLVLQYHVWLJDWLQJWKH

    SRWHQWLDORIFDUERQFUHGLWVIRUEDPERR

    FXOWLYDWLRQZLWKDYLHZWRVXSSRUWLQJ

    WKHGHYHORSPHQWRIRWKHUZLVH

    PDUJLQDOEDPERRSODQWDWLRQVLQSRRU

    DUHDV

    ,Q7HZDULV8WWKDQ&HQWUHIRU

    6XVWDLQDEOH'HYHORSPHQWDQG3RYHUW\

    $OOHYLDWLRQUHFHLYHGWKHPLOOLRQ5LR

    7LQWR$OFDQ3UL]HIRU6XVWDLQDELOLW\

    IRUWKHLUZRUNLQUHVWRULQJVRLOPLQHG

    DUHDVDURXQGFLWLHVGHJUDGHGIRUHVW

    ODQGVGU\ODQGVDQGZDVWHODQGV7KHLU

    HIIRUWVLQGLVWULFWVLQ8WWDU3UDGHVK

    VXFFHVVIXOO\XVHGEDPERRWRUHFODLP

    KHFWDUHVRIGHJUDGHGODQG

    EHQHWLQJIDPLOLHV%DPERR

    FDQUHVWRUHDQGUHSDLUHYHQWKHZRUVW

    VRLOVD\V7HZDULQ

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    66/68

    3,&785(&5(',7$)3

    'HYHORSPHQW$VLD -XO\6HSWHPEHU ZZZGHYHORSPHQWDVLD

    65;/,9,*69+

    7KHJDSVEHWZHHQWKHSROLWLFDO

    SDUWLFLSDWLRQRIPHQDQGRIZRPHQLQWKH$VLD3DFLILFDUHDPRQJWKHODUJHVWLQWKHZRUOG+HOHQ&ODUNDGPLQLVWUDWRURIWKH8QLWHG1DWLRQV'HYHORSPHQW3URJUDPPHRQWKHRFFDVLRQRIWKHODXQFKRIWKHUHSRUW7V^LY=VPJLHUK9PNO[Z!(;\YUPUN7VPU[MVY.LUKLY,X\HSP[`PU(ZPHHUK[OL7HJPJLQ0DUFK

    :HFDQKDQGOHGLSORPDWLFLVRODWLRQEXWHFRQRPLFLVRODWLRQLVIDWDO7DLSHL&KLQD3UHVLGHQW0DUHQPLQELDOVRNQRZQDV\XDQ@

    DSSUHFLDWLRQZRXOGQHLWKHUEDODQFH6LQR86

    WUDGHQRUVROYHWKHXQHPSOR\PHQWSUREOHPLQWKH8QLWHG6WDWHV3UHVLGHQW+X-LQWDRRIWKH3HRSOHV5HSXEOLF

    RI&KLQDLQDPHHWLQJZLWK863UHVLGHQW

    %DUDFN2EDPDLQ:DVKLQJWRQLQ$SULO

    %\VWUHQJWKHQLQJWKHHFRQRPLFEDVHRIDPXOWLSRODUZRUOGWKH%5,&FRXQWULHVDUHREMHFWLYHO\KHOSLQJWRFUHDWHFRQGLWLRQVIRUWKHVWUHQJWKHQLQJRIJOREDOVHFXULW\

    5XVVLDQ3UHVLGHQW'PLWU\0HGYHGHYTXRWHGDWD%5,&VXPPLW

    LQ%UDVLOLDLQ$SULO

    $QGLILWPHDQVVZDOORZLQJVRPHKXPEOHSLHDQGLILWPHDQVHDWLQJVRPH

    RI\RXUZRUGV,FDQQRWWKLQNRIDPRUHH[FHOOHQWGLHWRQZKLFKWRSURYLGHWKHFRXQWU\ZLWKJRRGJRYHUQPHQW%ULWDLQVQHZ3ULPH0LQLVWHU'DYLG&DPHURQRQZRUNLQJZLWKSROLWLFDOULYDO1LFN&OHJJ

    QRZ'HSXW\3ULPH0LQLVWHU

    0\7ZLWWHUDFFRXQWLV

    RSHQIRU\RXWR

    GHQRXQFHWKHP

    9HQH]XHODQ3UHVLGHQW+XJR&KDYH]XUJHV

    VXSSRUWHUVWRXVH7ZLWWHUWRUHSRUWFXUUHQF\

    VSHFXODWRUVRQKLVZHHNO\UDGLRDQG

    WHOHYLVLRQVKRZ

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    67/68

    1 billion people potentially affected by climate change

    7 percent of the worlds illiterates

    620 million people living on less than 1 a day

    5HGXFHSRYHUW\LQ$VLDDQGWKH3DFLF

    by reducing these numbers

    www.adb.org/poverty

    FIGHTING POVERTY IN ASIA AND THE PACIFIC

  • 8/9/2019 Lighting the Future: Asia Scrambles to Produce More and Cleaner Energy to Fuel its Rapid Growth (July-September

    68/68