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Sunday, November 24, 2024

The Green Belt and Road Initiative - China Briefing

Last updated Friday, November 12, 2021 03:00 ET

A China-led effort, greening of the Belt and Road Initiative involves development projects aligned with the 2030 UNSDG goals that also present climate action-positive investment opportunities.
Since it was first proposed in 2013, China’s Belt and Road Initiative (BRI) has taken on many forms. A clear-eyed strategy to connect Asia with Africa and Europe via land and maritime networks, the BRI’s primary goals are regional integration and stimulating trade and economic growth.
Yet, these goals are not been limited to any singular aspect of trade, logistics, and infrastructure but encompass digital connectivity, healthcare systems, and green goals through technology, capacity building investments, and sharing information.
These facilitate both Chinese companies and BRI participants to innovate, sell, install, and operate telecom infrastructure; invest in healthcare programs, medical assistance, and medical supply chains; as well as promote and develop resource efficiency and renewable technologies within logistics infrastructure.
The last aspect refers to ‘greening of the BRI’, where projects contribute to the UN Environment Program’s (UNEP) Medium-Term Strategy that looks at resource efficiency, climate change, healthy and productive ecosystems, environmental governance, etc. These ultimately tie into several of the 2030 UN Sustainable Development Goals, which acts as a “blueprint to achieve a better and more sustainable future for all”.
As several countries from around the...



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