China’s renewables revolution
Always from Eni, this study investigates the Chinese investments in renewables of the last years.
(More …)Always from Eni, this study investigates the Chinese investments in renewables of the last years.
(More …)The China Development Bank (CDB) and the Export Import Bank of China (CHEXIM) are two of the three “policy banks” (政策性银行) in China. We confine the range of “development finance (开发性金融)” to the two policy banks CDB and CHEXIM due to their engagement in overseas investments. The third policy bank, Agricultural Development Bank of China (ADBC), is not included in the database because it does not provide
overseas financing at this point.
Link: http://www.bu.edu/gdp/files/2018/08/Coding-Manual-.pdf
In 2018, overseas energy financing by China’s two global policy banks—the China Development Bank and the Export-Import Bank of China—was at its lowest level since 2013. These two banks provided just $8.62 billion to foreign countries in financing for energy sector activity overseas in
2018, down 69 percent from the $28.04 billion in lending to foreign governments in 2017. In 2018, 3 percent of China’s energy loans went to BRI countries. While annual flows of energy finance by China’s policy banks since 2000 now sum to 244.2 billion, it is clear that the five-year anniversary
of the Belt and Road Initiative is marked by a significant dip downward.1
Link: http://www.bu.edu/gdp/files/2019/03/2019-CGEF-Database-Policy-Brief-1-1.pdf
Chinese policy banks provided $8.6 billion in financing to foreign governments in the energy sector in 2018, increasing the total amount of energy finance by China’s policy banks since 2000 to roughly $244.2 billion. The China Global Energy Finance database tracks and displays this overseas development finance in the energy sector provided by China’s two global policy banks—the China Development Bank and the Export-Import Bank of China.
China’s goal to reduce its dependence on coal will require a huge surge in the use of natural gas, and limited supplies at home mean that China will have to heavily rely on natural gas imports over the next decades. As a result, energy is one of the most integral pillars of the Belt and Road Initiative (BRI). Unfortunately, like many aspects of the BRI, the specifics of energy cooperation are still vague, but in any case will have a significant impact on the energy sector. In this article, Guido D. Giacconi, Chairman of strategic consultancy firm In3act, looks at what these implications could be.
Link to article: http://www.eurobiz.com.cn/the-role-of-energy-within-bri/
At this link you can see an overview of the projects connected to BRI categorized by type (transport, energy, mining, IT, communications, tourism and urban development). This other report from Deloitte, shows the same kind of categorization, plus extremely relevant information of backgound,funding, risk, projects, opportunities and general insights.My personal view is that the energy component is relevant and worth of consideration for our research.
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