The Next Big Challenge: Greening the Belt and Road Initiative

Flagship reports



  • The Belt and Road (B&R) is China’s multi-billiondollar connectivity initiative across Eurasia and Africa. It spans nearly 70 countries, accounting for a third of global GDP, and will be the backbone of Beijing’s foreign policy and SOE agendas until 2049.


  • To date, the B&R evades classification and does not elicit unanimity. Carbon lock-in and white elephant infrastructures are as plausible as renewable revolution or climate change adaptation and resilience projects. Meanwhile, President Xi Jinping has both tied his name to the B&R and assigned to China a “role of torch-bearer in the global endeavour for ecological civilization”.  


  • In our view, to match words with action, and to make B&R projects palatable for foreign investors and enterprises, they must deliver a “triple win” result for Chinese firms, host countries and the planet. Navigating B&R complexity with a sustainable finance compass –and bridging the infrastructure gap in a 2°C consistent way– is an enthralling challenge. The B&R strategic planning stage ends in 2021, it is still a blank page with no definitive framework or scope of activities… let’s green it! 

By visiting this website, you accept setting up cookies which are used for analytics purposes. We are all about protecting your privacy.