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Development Banks

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Development banks play a crucial role in developing the green Belt and Road Initiative. They include both national development banks (such as the China Development Bank, the China Exim Bank), regional development banks (such as the European Bank for Reconstruction and Development/EBRD, European Investment Bank) and multilateral development banks (such as the Asian Infrastructure and Investment Bank/AIIB, the Asian Development Bank/ADB, the World Bank, the African Development Bank/AfDB). Development banks can provide different financing instruments, such as concessionary loans, mixed finance, commercial finance to invest in both bankable projects and to some extent in public goods projects.

On January 10th, the State Council Information Office (the administrative office under the State Council) published the White Paper on “China’s International Development Cooperation in the New Era” (中文版本). In 8 chapters, the paper summarizes China’s recent engagement in (generously) providing development assistance (intermixed with its overseas economic engagement) and…

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…

During the 2nd Belt and Road Forum for International Cooperation in May 2017, Chinese President Xi Jinping announced that the China Development Bank (CDB) will provide special loans of 250 billion RMB to support BRI-related infrastructure, production capacity and financial cooperation. The special loans consist of three sub-loans, namely a special…