China’s two global policy banks—the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM)– are becoming the largest sources of energy finance for governments across the world. In 2017, these banks provided upwards of $25.6 billion in energy financing, increasing the total amount of energy finance by China’s policy banks since 2000 to roughly $225.8 billion since 2000. While this represents a nearly 45 percent decrease from 2016 levels, the majority of 2017 financing was in power generation, with significant increases in hydroelectric power plants. Further, those nations currently designated to be part of China’s Belt Road Initiative (BRI) received 55.9 percent of total energy financing from China’s two global policy banks. Declines in development finance from the two Chinese policy banks are concentrated in significant reductions in extractive activities and transmission and distribution systems. What is somewhat masked in the 2017 data is that there has been an increase in the dollar amount of loans in the power sector, which almost tripled relative to 2016 and exceed the 2013-2016 average.
@ceciliatrasi this could be interesting for us! here is the link: http://www.bu.edu/gdp/2018/03/06/slowing-down-powering-up-2017-chinese-energy-development-finance/
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