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Climate Finance

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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…

The year 2020 has proven to be more turbulent than anyone could have expected, and it is only June. While in February we asked if 2020 would be the year of China’s global green leadership, hoping that the Covid-19 virus outbreak would be short-lived, by March we already we had to incorporate broader-than-expected fallout…

Many countries of the Belt and Road Initiative are among the world’s major energy producing and consuming countries. At the same time, they are mostly developing countries, with the requirement to continue expanding its energy markets. As many of China’s investment and financing projects along Silk Road have climate effects,…