On February 22, 2021, China’s State Council issued the “Guiding Opinions on Accelerating the Establishment and Improvement of a Green and Low-Carbon Circular Development Economic System”. Published by the highest Chinese governing body only few weeks before the start of the “Two Sessions”- the annual plenary sessions of the national…
We invite you to listen to the new China in Africa Podcast, which invited IIGF Green BRI Center Director Christoph Nedopil and Researcher Mengdi Yue to discuss how the Belt and Road Initiative might become even greener in the coming years. The podcast was titled “China’s Cutting Back on BRI…
Highlights Renewable energy investments (solar, wind, hydro) constitute majority of Chinese overseas energy investments – increasing their share from 38% in 2019 to 57% in 2020 – amid a total decrease of BRI investments of 54% Key findings Chinese overseas investments into countries of the BRI were about US$47 billion…
On September 22, 2020, Chinese President Xi Jinping announced that China aims to peak CO2 emissions before 2030 and achieve carbon neutrality before 2060 during the UN General Assembly. EU-China-summit-2020 (Pic: European Council) One important partner for China to reach its ambitions is the European Union (EU). On September 14,…
From 7 to 11 December, the UN Capital Development Fund (UNCDF) in partnership with the Singapore Fintech Festival (SFF) organized a series of events across multiple countries called the “Building Inclusive and Resilient Economies in the Digital Era”. Dr. Christoph NEDOPIL WANG, Director of the Green Belt and Road Initiative…
This article was originally published on China Dialogue under a Creative Commons licence. It will be a gargantuan task for China to make good on its recent pledge to become carbon neutral by 2060. Currently, it contributes about 26% of global carbon emissions, its economy is still rapidly developing, and many of its sectors and…
On October 26, 2020, five Chinese government ministries/regulators jointly issued the “Guidance on promoting investment and financing to address climate change” (find original here and an unofficial English translation here) – in short “Climate Finance Guidance”. The Climate Finance Guidance came weeks after Chinese President Xi’s announcement at the United…
On October 16, 2020, the China Center for International Economic Exchanges CCIEE (中国国际经济交流中心) and the German Konrad Adenauer Foundation in Beijing organized a high-level online workshop on EU-China cooperation on climate change. Both China and the EU continue being committed to the Paris Climate Agreement and both acknowledge their responsibilities…
China’s climate change projects in countries along the Belt and Road have made remarkable progress. In the first half of 2020, BRI energy-related investments were predominantly climate-friendly for the first time. However, compared with some international institutions, China’s development of climate investment and finance is still at an early stage.…
After the 2014 climate agreement between President Xi Jinping and President Barack Obama alongside the consequent ratification of the Paris Agreement, China sees itself as taking a leadership role in global climate action and governance. Against this background, China has utilized green finance as a major strategy in supporting a…