Author

Ruichen Hong

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Ruichen Hong is a research assistant at the International Institute of Green Finance (IIGF). He received a Master of Accounting from the University of Glasgow,  UK, and is in the process of receiving the certification by the Association of Chartered Certified Accountants (ACCA) . He is a main author of the China Climate Financing Report and Establishing China’s Green Financial System: His research areas are climate finance, carbon finance, environment accounting and carbon accounting.

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,…

For a Chinese version, click here. On July 26 , Kenya’s National Environmental tribunal ruled that the environmental and social impact assessment (ESIA) license for the Lamu coal fired power plant in Kenya was insufficient and that the construction had to be stopped. While this ruling explicitly states that this…

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…