Key Pathways on a Green and Low-Carbon BRI

The China Council for International Cooperation on Environment and Development’s (CCICED) has been funding the special policy studies on green BRI since 2018. By December 2021, Chinese and international experts have focused on “comprehensive alignment of green BRI and SDGs with synergies”, “biodiversity and ecosystem conservation”, and “enhancing environmental management for BRI projects”, and put forward highly targeted policy recommendations, including the principles, objectives and roadmap of BRI green development. They also stressed that from the strategic perspective, it is necessary to further broaden the scope of BRI alignment to deeply incorporate and implement SDGs, and place a special focus on key areas such as green industrial and technological cooperation, investment and financing cooperation, and international cooperation.

On this basis, from 2021-2022, the Special Policy Study on the Key Pathways on a Green and Low-Carbon BRI (“Green BRI SPS” for short), starts from the realistic needs of BRI participating countries to cope with the global climate crisis and focuses on 3 key aspects – industrial and technological cooperation, investment and financing cooperation, and international cooperation, proposing 3 key paths to support BRI green and low-carbon energy development.

Pathway 1: Understand the transformation needs for energy mix adjustment and technology upgrade. → Promote industrial and technological cooperation in clean energy to support BRI green and low-carbon energy development.

Pathway 2: Understand the needs for capital supply to support green and low-carbon development. → Guide financial resources to support BRI green and low-carbon energy development.

Pathway 3: Understand the needs for international cooperation to solve global deficits. → Strengthen international cooperation to support BRI green and low-carbon energy development.

Task Force: Low-Carbon and Inclusive Transition Topic: Trade, International Cooperation, and South-South Partnerships Year: 2022 Phase: Phase VI (2017-2022) Concluded