The Belt and Road Initiative (BRI) is China’s overseas economic and political engagement strategy with a focus on infrastructure development, unimpeded trade, people-to-people connectivity, financial integration, and policy coordination.
This article was originally posted on the website of the top business school IMD and on Caixin News. The Chinese New Year is off to an inauspicious start. The spread of the coronavirus has paralyzed large parts of the country and caused chaos on one of the most important dates…
This document has been translated by Yiwei Qi from its Chinese original. Iran, located on the new Eurasian land-bridge of the Silk Road Economic Belt as well as the China-Central Asia-West Asia Economic Corridor, is an important point along the “Belt and Road”. In January 2016, China and Iran formally…
For the Chinese version, click here. Introduction Greening urban transport is paramount to achieving global climate targets. With urban population increasing by 2.5 billion people, particularly in many countries of the Belt and Road Initiative (BRI), much hope is put on green mobility technologies and innovation. Their application depends on…
Natural ecosystems have declined by 47% compared to their earliest estimated state, 25% of species are already threatened with extinction, the biomass of wild animals has decreased by 82%. The losses to biodiversity and its consequences on both economies and our Earth’s well-being are becoming more evident, while the world…
Green finance in the Belt and Road Initiative (BRI) that deals with climate change by mitigation or adaptation has received much attention over the past months. A topic that is gaining momentum for a “green Belt and Road Initiative” is green finance for biodiversity – or biofin. Three reasons drive…
For a Chinese version, click here. On July 26, 2019, Kenya’s National Environmental tribunal ruled that the environmental and social impact assessment (ESIA) license for the Lamu coal fired power plant in Kenya was insufficient and that the construction had to be stopped. While this ruling explicitly states that this…
In essence, the SDGs can only be met if they are an integral part of the development paths of countries under the Belt and Road Initiative (BRI). As the original 65 countries under the BRI collectively account for over 30% of global GDP, 62% of population, and 75% of known…
Executive Summary How MDB Characteristics can Address the BRI’s Green Challenges through Financing Solutions, Coordination Activities, and Policy Support Simply put, global climate and environmental goals can only be met if they are an integral part of the development paths of BRI countries. This is true alone because BRI collectively…
MDBs are increasing their involvement in sustainable infrastructure finance by scaling up climate investments and by integrating social and environmental issues into their general financing requirements as a cross-cutting issue. Based on their characteristics MDBs can play a number of important roles in greening the BRI. For the context of…
South Africa is the 2nd largest economy in Africa and one of the African countries which have signed BRI cooperation agreements with China at an early stage. During Chinese President Xi’s visit in September 2018, both countries expressed wishes to strengthen cooperation within the framework of the BRI and the…