Announced in 2013, China’s Belt and Road Initiative expands Chinese industry and development as well as increases diplomatic cooperation across the Eurasia Continent in ways only preceded by the ancient Silk Road. Officially called The Silk Road Economic Belt and the 21st-century Maritime Silk Road, the Belt and Road culminates China’s Going Out projects that started in 2002, and raises important questions of investment sustainability, environmental and social risks as well as low carbon development.
Experts at GEI endeavor to research and analyze the mechanisms for financing these development projects so to advocate for increasing the share of sustainable and low-carbon energy sources used along the development path.
As China’s Going Out strategy expands to the Belt and Road Strategy, integration of green finance initiatives and attention to low-carbon development must remain central.
Our research focuses on analyzing the current energy finance along the Belt and Road as well as advocating for increased low-carbon and green development.
Our first stage of research on coal-powered investment projects found that China’s involvement in coal power projects in BRI countries, which often takes the form of contracting and equipment supply, has been increasing overall, despite large year-to-year fluctuations. This research was featured in Caixin and China Dialogue in May 2017.
Location: China, Bangladesh