Download full report As the world’s largest bilateral creditor nation, China may be considering strategies and plans for debt reorganization for some of its most important, and most debt stressed, BRI country partners. The world is experiencing the worst sovereign debt crisis in a generation, and China is in a…
The 2022 United Nations Climate Change Conference (COP27) held in Egypt in November was important for spotlighting climate finance in emerging markets. Particularly the Loss and Damage fund, which aims to provide compensation for emerging economies’ losses impacted by climate change, received global attention. A less talked about but highly…
The year 2022 saw much action in development finance. As we predicted in our last year’s outlook, development finance has become more strategic with financiers picking allies and partners to the disadvantage of global coordination.While all development finance initiatives promise to uphold multilateralism and while they all borrow language from UN…
Download here A foundational pillar of addressing climate change that was unthinkable only three years ago is now becoming reality: the early retirement of coal-fired power plants in emerging economies. During the G20, Indonesia launched its Just Energy Transition Partnership (JETP) – a breakthrough climate finance partnership designed to mobilize…
Download report On November 16, 2022, the G20 meeting in Bali, Indonesia under Indonesia’s presidency concluded. The report on Innovative finance towards a low-carbon and climate-resilient future written by Christoph Nedopil and supported by UNDP, UNICEF, GGGI and NDC Partnership for the G20 Climate and Sustainability Working Group (CSWG) was…
This article was originally published in The World Financial Review. The green transition of energy, transport, industry, urbanisation and agriculture requires a massive acceleration of global green investments across the world to meet the Paris agreement and reverse the loss of biodiversity. Yet so far, green finance lacks harmonised definitions…
Key findings Download here BRI finance and investments is steady at low levels in the first half of 2022 at US$28.4 billion (compared to US$29.6 billion in the first half of 2021), 42% through investments;Since 2013, cumulative BRI engagement amounts to US$932 billion, about US$561 billion in construction contracts, and US$371 billion in…
On June 1, 2022, the China Banking and Insurance Regulatory Commission (CBIRC) issued the “Green Finance Guidelines for the Banking and Insurance Industry”. The Guidelines consolidate the 2019 Guidelines on the high-quality development for the Banking and Insurance Industry and focus particularly on green banking (e.g., green loans, green credit)…
This article was originally published by the China Council for International Cooperation on Environment and Development (CCICED). On March 28, the Chinese government published a key policy document on the further greening of the Belt and Road Initiative (BRI), entitled “Opinions on the Joint Implementation of Green Development in the…
On March 31st, 2022, the Eco-Business with strategic support from Refinitiv, an LSEG business, organized its first sustainable finance event with a focus on China. Among the participants, Christoph Nedopil, Director of the Green Finance & Development Center at FISF Fudan University Shanghai, along with speakers from UNDP China, Refinitiv, and…