Contributors Acknowledgements The World Economic Forum would like to extend its gratitude to the following individuals for their valuable contributions to this white paper. The content does not necessarily reflect the views of these individuals and/or their organizations. Expert advice is purely consultative in nature and does not imply any association with the takeaways or conclusions presented within this paper. World Economic Forum Roberto Bocca Head, Centre for Energy and Materials; Member of the Executive Committee Pim Valdre Head, Climate & Nature Economy; Member of the Executive Committee Eric White Head, Climate Resilience, Centre for Nature and Climate Xinhong Qin Partner Lead, Business Engagement – China Bing Xia Government Engagement Lead, CRTG – China Sha Song Specialist, Sustainable Finance Expert reviewers Qixiang Fan Former Vice President, China Huaneng Group Deliang Chen Distinguished Chair Professor, Tsinghua UniversityQingchen Chao Director General, National Climate Centre, China Meteorological Administration Jingping Yang Professor, Key Laboratory of Mathematical Economics and Quantitative Finance, Peking University Rui Mao Professor, School of National Safety and Emergency Management, Beijing Normal University Yizhou Lu Researcher, Research Centre of Big Data and Risk Management, University of International Business and Economics; General Manager, Risk Management Department, Beijing Branch of Huaxia Bank Xiaoxiao Zhang Senior Engineer, Beijing Municipal Climate Centre Expert interviewees Dinghui Xu Director General, International Business Department, China Huaneng Group Wenli Liu Deputy Director General, International Business Department, China Huaneng Group Hui Li Vice President of the Henan Branch, China Huaneng Group Xiaoguang Xu Division Chief, Strategic Development Department, China Huaneng Group Zhaopeng Jia Deputy Division Chief, Production and Environmental Protection Department, China Huaneng GroupWorld Economic Forum Wee Kean Fong Head, Nature and Climate, Content and Programming, Greater China Qiuzi Han Wen Project Fellow, Industry Resilience, Centre for Nature and Climate; Research Scientist, China Huaneng Clean Energy Research InstituteFlora McCrone Lead, Strategic Insight & Foresight, Centre for Nature and Climate (2023-2025) Gill Einhorn Head, 1t.org, Centre for Nature and Climate Akanksha Khatri Head, Strategic Insight & Impact; Member of the Executive Committee Building Climate-Resilient Utilities: Lessons from China and Future Pathways 27

Building Climate Resilient Utilities 2025