By: Jamie Carson, Global Adaptation Institute (GAIN)
Anne Hoskins, Senior Vice President, Public Affairs and Sustainability at Public Service Enterprise Group (PSEG), and Chair of the New Jersey Adaptation Alliance, has helped develop the Adaptation Alliance, which is making strides in developing adaptation best practices in a state with approximately 130 miles of coastline and an economy heavily dependent on industry and tourism. PSEG is a publicly traded, diversified energy company headquartered in New Jersey, and one of the ten largest electric companies in the U.S. It employs 10,000 people and includes total assets of $29.821 billion.
Dr. Jintao Xu, Professor of Natural Resource Economics, National School of Development, Peking University and GAIN Council of Scientific Advisors member, talks about the key adaptation challenges facing China and how the GAIN Index highlights his country’s progress building greater resiliency.
What are the greatest adaptation challenges for China?
I see two equally important areas that pose adaptation challenges for China. First, China has always been a water scarce country with a couple-thousand years’ history of battling water problems — sometimes flooding, sometimes drought.
Another area is energy. China is an energy scarce country too. All of our existing energy storage is very limited and increasingly relies on international markets. This poses an energy security issue to China.