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Advisors propose new system to regulate China's overseas investments

Modern Diplomacy
A government-backed coalition of international advisors to the Belt and Road Initiative (BRI) has recommended that China apply more stringent environmental controls over its outbound investments. If adopted, this would be a major departure from China’s usual approach of deferring to host country rules, many of them inadequate, for regulating its overseas investments.
High-level advisors, including former UNEP chief Erik Solheim and green finance heavyweight Ma Jun, propose a system to categorise Chinese overseas investments based on their polluting, climate and biodiversity impacts.
The classification methodology was published on 1 December at a press conference organised by the BRI International Green Development Coalition (BRIGC) in Beijing. It would see coal-fired power plants given a firm red light, while other types of Chinese overseas investments, such as hydropower and railways would need to implement internationally recognised mitigation me ....

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What It's Like Living Next To China's Belt And Road Project

What It s Like Living Next To China s Belt And Road Project
What It s Like Living Next To China s Belt And Road Project
Earlier this year, a coalition of activist groups published Belt and Road Through My Village, a compilation of interviews with about 100 local residents who live close to BRI projects in five Asian countries.
Updated: December 22, 2020 9:29 am IST
China insists that BRI projects are strictly vetted for environmental impacts and meant to benefit people
A lot has been written about China s multibillion-dollar Belt and Road Initiative. Economists have debated the debt dynamics. Political scientists have analyzed how it fits into the rising power s geopolitical strategy. And climate experts have decried the emissions China is adding to the atmosphere by supporting fossil fuel projects. ....

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What It's Like Living Next to a Belt and Road Project

What It’s Like Living Next to a Belt and Road Project
Bloomberg
12/21/2020
Bloomberg News
© Bloomberg
A truck reverses while delivering rocks to a development site at Marine Drive in Gwadar, Balochistan, Pakistan, on Wednesday, Aug. 3, 2016. Gwadar is the cornerstone of Chinese President Xi Jinping s so-called One Belt, One Road project to rebuild the ancient Silk Road, a trading route connecting China to the Arabian Sea that slices through the Himalayas and crosses deserts and disputed territory to reach this ancient fishing port, about 500 miles by boat from Dubai.
(Bloomberg)
A lot has been written about China’s multibillion-dollar Belt and Road Initiative. Economists have debated the debt dynamics. Political scientists have analyzed how it fits into the rising power’s geopolitical strategy. And climate experts have decried the emissions China is adding to the atmosphere by supporting fossil fuel projects. ....

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What it's like living next to a China's Belt and Road project

What it’s like living next to a China s Belt and Road project
The stories are a powerful reminder to governments and investors to consider the environmental and social impact of the BRI.
(Photo: Bloomberg)
The real-life environmental and social impact of China’s infrastructure initiative shouldn’t be overlooked
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A lot has been written about China’s multibillion-dollar Belt and Road Initiative. Economists have debated the debt dynamics. Political scientists have analyzed how it fits into the rising power’s geopolitical strategy. And climate experts have decried the emissions China is adding to the atmosphere by supporting fossil fuel projects. ....

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