The text is based on an article published in Science on March 16, 2023 by the author. More information, including a copy of the paper, can be found online here. The reduction of environmental risks, such as climate change and biodiversity loss, is a challenge requiring global cooperation. It is…
Download here The role of scenarios for valuing early coal retirement opportunities In this issue brief, we introduce three future scenarios to better evaluate the value of coal-fired power plants (CFPPs) for possible early retirement. We invite all interested friends and partners to share their thoughts & feedback on these…
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…
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)…
Download full report here In our new brief written by Christoph Nedopil, Mengdi Yue, and Ulrich Volz and published together with the Green Finance & Development Center at FISF Fudan University and the Centre for Sustainable Finance at SOAS University of London, we analyze global practices for financing early coal…
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…
The emissions trading system (ETSs) is currently one of the market-oriented tools adopted globally to control greenhouse gas emissions. On the basis of the construction of the regional ETS, harmonization is an important direction for future development in order to make the system more effective. Against the backdrop of the…
Highlights Download pdf Between 2014 and 2020, about USD160 billion of Chinese-backed coal-fired power plants were being planned or announced outside of China;More than USD65 billion of Chinese-backed coal-fired power plants have been either shelved, mothballed or cancelled since 2014, with more projects seeing delays in construction;In 2019 and 2020,…
Discontent and activism against BRI initiatives pose financial risks and spell potential public image problems for China and host countries. Understanding the social and economic motivations of communities who protest and how to prevent future mobilisations is essential to the success of the BRI in Central Asia. A quintessential example…
Introduction Whilst the BRI is led by Chinese industry, the private sector is cautious in its implementation of environmental protection, especially regarding biodiversity conservation.1 Chinese BRI financiers lack international best-practice safeguards, whilst the whole project may impact more than 369 000 km2 of vulnerable habitat in a 25 km buffer…