Summary – from climate to biodiversity in the BRI and beyond In the midst of increasing global awareness of environmental and sustainability problems, two interconnected issues are high on the agenda for 2020: climate change and biodiversity. This is in particular true for China who is both under pressure to…
While green bonds remain the most mature instruments, a wide range of innovative financial solutions are rapidly developing. Issuing green bonds, i.e. bonds whose proceeds are earmarked for funding climate and environmental-friendly projects, is an effective and increasingly popular way to achieve this end. In just over a decade, annual…
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…
Spain is located on the new Euroasian land bridge in the Silk Road Economic Belt. Although Spain has not yet officially assigned to the BRI cooperation, it has jointly released with China the Joint Statement on Strengthening Comprehensive Strategic Partnership during the visit of China’s President Xi in Nov 2018,…
How Multilateral Development Banks (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…
Editorial Note: In many countries, human activities are highly intensive, whereas ecological environment is relatively weak and hardly adaptable to climate changes. Climate finance is therefore of great urgency to improve climate conditions and develop sustainable economy. In September and October 2013, Chinese President Xi Jinping proposed two economic development…
This is an extended version of the China Daily’s article from April 26. In 2017, the Chinese Ministry of Environment together with 4 other ministries released the “Guidance on Promoting Green Belt and Road”. Realizing this ambition requires green finance – the full range of financial services that support the…