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The following is the minute of the last meeting with Robert on 17th April at Hertie. Everyone was present at the meeting and has actively participated. The issues addressed in the meeting were: the key questions leading the narrative of our presentation and feedback on the PPT presented in class one week ago.
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Lower Sesan Two Hydropower Dam
Cambodia
Energy
Central Asia–China gas pipeline
Multiple
Energy
Pakistan
This report provides an initial overview of the degree
to which Chinese energy and transportation investments in the BRI countries from 2014 to 2017 align
with the green priorities communicated in BRI countries’ Nationally Determined Contributions (NDCs).
Our analysis is based on a comprehensive review of
data on bank loans and cross-border investments by
the Silk Road Fund and Chinese enterprises.
https://www.bu.edu/gdp/files/2018/11/GDP-and-WRI-BRI-MovingtheGreenbelt.pdf
According to the authors, there are three reasons that China is uniquely poised to lead renewable energy global investments:
The authors argue that the Chinese government should provide special incentives for the policy banks to capitalize on these investment opportunities by deploying Chinese solar and wind technologies to Belt and Road countries and beyond.
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/
Sustainable infrastructure is that which not only minimizes any negative environmental and social impacts but also brings about positive change, enhancing the environment, livelihoods, and the economy. Therefore, investing in such projects has a crucial role to play in helping countries to shift toward low-carbon development pathways.
Doing so would not only help achieve China’s objective for the Belt and Road of promoting sustainable development, but it would also provide an opportunity for China to become a global leader in sustainable infrastructure. However, achieving this will require a change in approach by both China’s government and its investors.
link to article: https://www.chathamhouse.org/expert/comment/how-china-could-become-global-leader-sustainable-infrastructure
This following summary recaps the main points covered during our meeting, in particular the word count, requirements, and upcoming deadlines.
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