Introduction Whilst the BRI is led by Chinese industry, the private sector is cautious in its implementation of environmental protection, especially regarding biodiversity conservation.1 Chinese BRI financiers lack international best-practice safeguards, whilst the whole project may impact more than 369 000 km2 of vulnerable habitat in a 25 km buffer…
On 12th of March, the IIGF Green BRI Center was invited to participate in a workshop hosted by John McKinnon concerning biodiversity governance in China. The workshop explored ideas to address issues of improving engagement between China and international initiatives. The workshop was opened by Ma Keping, who highlighted the…
On February 2, 2021, the British government published a review of “The Economics of Biodiversity” by academic Sir Partha Sarathi Dasgupta. In it, the authors point out the “collective failure” of humanity to preserve nature, due to a “widespread and deeply rooted institutional failure”. Accordingly, Dasgupta calls for a transformative…
How to align finance with nature’s needs, in China and beyond? This question is of ever greater concern with fast deteriorating biodiversity and an increasing recognition of the financial risks of not only climate change, but also biodiversity loss. To learn more about China’s role in aligning finance with nature’s…
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 January 13th was launch “The Little Book of Investing in Nature”, ten years after the introduction of “The Little Biodiversity Finance Book” at Nagoya’ COP 10. First introduced during the One Planet Summit hosted by French President Emmanuel Macron, the UN and the World Bank on the 11th of…
Green finance in the Belt and Road Initiative (BRI) that deals with climate change by mitigation or adaptation has received much attention over the past months. A topic that is gaining momentum for a “green Belt and Road Initiative” is green finance for biodiversity – or biofin. Three reasons drive…