Green finance can only grow and have its desired positive impact on the climate and biodiversity with the relevant policies. Policies for green finance can be issued, for example, by the Ministries of Finance, the Central Banks, the Financial oversight, the stock exchanges, industry associations, multilateral development banks, private initiatives as well as many other institutions.
On March 5 during the “Two Sessions”, China introduced its 14th five-year plan for 2021 to 2025, as well as the Government Work Plan. In it, China vows to focus on “green development”, to uphold the “30-60” promise of Xi Jinping for China to try to peak carbon emissions before…
We invite you to watch this year’s panel “The Green Development Agenda: A Green New Deal for Southeast Asia in the Post-COVID-19 Era?” of the Youth Economic Forum YEF that happened on March 6th, 2021. The panel featured high-level experts, including Desmond Tan, Minister of Sustainability and the Environment of…
On February 22, 2021, China’s State Council issued the “Guiding Opinions on Accelerating the Establishment and Improvement of a Green and Low-Carbon Circular Development Economic System”. Published by the highest Chinese governing body only few weeks before the start of the “Two Sessions”- the annual plenary sessions of the national…
We invite you to listen to the new China in Africa Podcast, which invited IIGF Green BRI Center Director Christoph Nedopil and Researcher Mengdi Yue to discuss how the Belt and Road Initiative might become even greener in the coming years. The podcast was titled “China’s Cutting Back on BRI…
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…
On September 22, 2020, Chinese President Xi Jinping announced that China aims to peak CO2 emissions before 2030 and achieve carbon neutrality before 2060 during the UN General Assembly. EU-China-summit-2020 (Pic: European Council) One important partner for China to reach its ambitions is the European Union (EU). On September 14,…
Download the full report here 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 System”). The Guidance provides…
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…
1. The importance of relations between green finance and stimulus packages in concept and historically Green finance policies and economic stimulus packages overlap at a number of levels. In an era where the global community faces both the immediate economic consequences of Covid-19 as well as the urgent need to…
