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.
Download full report here in English and here in Chinese. Post-pandemic recovery and low-carbon transition have become top priorities for BRI countries. Mobilizing investment for green projects will chart a course for green and low-carbon BRI development. Cooperation shall be strengthened in key areas such as green infrastructure, green energy…
On January 6, 2022, China’s Ministry of Environment and Ecology (MEE) together with the Ministry of Commerce (MOFCOM) issued the new “Guidelines for Ecological Environmental Protection of Foreign Investment Cooperation and Construction Projects”. The Guidelines were published just 6 months after the July 2021 “Green Development Guidelines for Foreign Investment…
Another turbulent and complex year is coming to end driven by economic recovery (discussions), more COVID19 and more Zoom conferences. Before we round up and share what we believe were key developments in green finance and sustainable development in 2021, we want to take this opportunity and first say: Thank you for…
On October 26, 2021, the Belt and Road Initiative International Green Development Coalition (BRIGC) launched the second phase report of the Green Development Guidance – also known as the Traffic Light System for financial institutions and developers. The event included opening remarks by several ministers including China’s Minister of Ecology…
On November 2, Dr. Christoph Nedopil Wang, Director of the Green Finance & Development Center was invited to join the podcast of the “Green Team Speaks To” podcast of the Paulson Institute. https://soundcloud.com/paulson-institute-gfc/the-green-team-speaks-to-christoph-nedopil-wang#t=0:00 The host, Phylicia Wu, director of Paulson Institute, and Christoph discussed greening the Belt and Road Initiative…
On October 19, 2021, the General Office of the Central Committee of the Communist Party of China together with the General Office of the State Council issued the “Opinions on further Strengthening the Protection of Biodiversity”. As a document issued by both the General Office of the Central Committee -…
Download pdf In September 2021, a new project finance handbook was launched with funding by the British Foreign, Commonwealth and Development Office (FCDO). The handbook was developed over several months with the goal to understand the gap and bridge the gap between Chinese style and international project financing approaches. The…
Introduction of Nationally Determined Contributions (NDCs) In order to tackle climate change, all member parties that have ratified the Paris Agreement are required to submit their Nationally Determined Contributions (NDCs) to the UNFCCC secretariat, outlining and communicating their national climate goals and actions. These NDCs can include information on mitigation, adaptation, finance, technology transfer, capacity building, and…
Key findings Download the pdf BRI finance and investments continued to drop in the first half of 2021 to US$19.3 billion (compared to US$27.5 billion in the first half of 2020);No coal projects received financing or investments in the first half of 2021;Green energy finance and investments in H1 2021 dropped by 90%…
On July 16, 2021, the Ministry of Commerce (MOFCOM) and the Ministry of Ecology and Environment (MEE) of China issued the “Green Development Guidelines for Foreign Investment and Cooperation” (hereinafter referred to as the 2021 Green Guidelines). The Guidelines focus on both investment and trade. With MOFCOM being responsible for regulating Chinese…