China has begun construction on what will be the world's largest hydropower dam on the Yarlung Zangbo River in Tibet, a $167 billion project that could surpass the Three Gorges Dam in scale.
The dam is intended to boost China's renewable energy capacity and help meet climate goals, but it has raised significant concerns among downstream countries, especially India and Bangladesh, over potential impacts on water flow, agriculture, and local communities. Environmentalists and human rights advocates have also criticized the project for its potential to disrupt biodiversity and force relocations in the ecologically sensitive Himalayan region. China claims it has consulted with neighboring countries and that the project is within its sovereign rights, but skepticism remains high.
The dam has also triggered a surge in related stocks and is seen as a major move in China's green finance and infrastructure ambitions.
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