CCTV.com - CNTV English - CCTV News

Int'l hydropower meeting concluded in Ethiopia

04-02-2011 11:13 BJT

ADDIS ABABA, April 1 (Xinhua) -- Some 200 energy officials and water specialists from worldwide Friday called for more financing efforts for developing hydropower as they concluded a two-day meeting here.

They agreed that roles of the public and private sectors should be well defined and utilized to enable financing and investment in hydropower development, according to recommendations made by the meeting dubbed as "the Hydropower for Sustainable Development 2011."

"There is a need for innovation in the structuring of financing including guarantees where appropriate to take into account realities of regional hydropower development which include high capital costs, long development lead times and long operational lives to enabling financing and investment," said a document issued after the conference.

The participants who came from about 30 countries of Africa, Americas, Europe, Asia and Oceania, also agreed that the role of hydropower should be further advanced by catalyzing improvements in water security and management.

Huang Baodong, vice president of China's Sinohydro Group which sponsored the meeting, made a presentation on financing and delivering hydropower schemes in the host country.

Related stories

Editor:Yang Jie |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program