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…
Highlights Download pdf The outbreak of COVID-19 has accelerated many debt issues in Belt and Road Initiative (BRI) countries. In our previous brief on the debt issue in 52 selected BRI countries, we analyzed both the reasons for the pressing debt sustainability issues and the countries that are particularly vulnerable…
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…
On 2 December, the RCEP Civil Society organized a webinar through its secretary, the China Biodiversity Conservation and Green Development Foundation (CBCGDF). Dr. Christoph NEDOPIL WANG, Director of the Green BRI Center at IIGF, was invited as a speaker. The Regional Comprehensive Economic Partnership (RCEP) was signed on 15 November…
Download the Full Report in English and in Chinese On December 1, during the Policy Studies Release and Launching of BRI Green Development Institute Event in Beijing, the BRI International Green Development Coalition (BRIGC) released the “Green Development Guidance for BRI Projects Baseline Study Report” (formerly known as “Traffic Light…
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…
On March 27, 2020, the First Consultation Meeting of Joint Research on “Green Development Guidance for BRI Projects” (the “Green Light” System) was held via videoconference. The BRI “Green Light System” aims to explore the formulation of guidelines on the assessment and classification of BRI projects and provide guidance for…
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…
Leading up to the 2nd Belt and Road Forum from April 24-26 in Beijing, various working groups, think tanks and government agencies published accounts of the past achievements and challenges of the Belt and Road Initiative (BRI). One of these accounts was given by the Advisory Council of the Belt…
In 2015, for the first time in history, the world reached a series of consensus on sustainable development. From the Addis Ababa Action Agenda to the 2030 Agenda for Sustainable Development and to the Paris Agreement, an international framework for sustainable development has gradually taken shape. China’s Belt and Road…