Flooding in the Yangtze River Basin Threatens Mines and Power Plants
categories: Asia Pacific, Americas, EMEAI, Environmental, BLOCK Samuel, KARADZHOVA Velina, MOLLOD Gillian, Investing (Investment Management), Performance Analysis, Responsible Investing, Asset Managers (Quant or Fundamental), Asset Owners, Banks, Hedge Funds, Insurance, Investment Consultant, Wealth, ESG Products & Services, ESG Climate Solutions, ESG Ratings, Equities
China’s Yangtze River economic belt accounts for nearly half of the country’s total economic output. Since 2020, the Hubei region has experienced record rainfall and historic flooding that has overwhelmed the banks of the river and the massive Three Gorges Dam. We identified 25 facilities in our coverage universe that are located downstream from the Three Gorges Dam and may be exposed to disruption or damage by the floods affecting the Yangtze River Basin.