This volume describes and evaluate the consequent policy coordination in the areas of green finance, green energy and sustainable development in the Belt and Road regions. It examines both the challenges and opportunities of these projects, and the role that Hong Kong can play in supporting their assessment, finance and implementation.

Can China’s Belt and Road Initiative (BRI) promote sustainable development, alongside its primary aims of increasing commercial connectivity with China’s partners? In discussions of the BRI the focus has tended to be on the implications for infrastructure construction, connectivity, and economic diplomacy. Rather less attention has been paid to its potential impact on sustainability. The initiative has not only set principles to prevent climate change and promote sustainable development, but also pledged to align with the UN’s environmental objectives. The contributors to this volume describe and evaluate the consequent policy coordination in the areas of green finance, green energy, and sustainable development in the Belt and Road regions. They examine both the challenges and opportunities of these projects, and the role that Hong Kong can play in supporting their assessment, finance, and implementation. With contributions from authors based in mainland China, Hong Kong, Australia, Qatar, the UK, and the US – with experience in corporate social responsibility, international finance, environmental policy, and international relations – this book presents a thorough and rigorous analysis of the green side of the BRI. A valuable resource for scholars of the BRI and its many implications for China, its partners, and the development of sustainable infrastructure.

This open access book is based on the research outputs of China Council for International Cooperation on Environment and Development (CCICED) in 2020. It covers major topics of Chinese and international attention regarding green development, such as climate, biodiversity, ocean, BRI, urbanization, sustainable production and consumption, technology, finance, value chain, and so on. It also looks at the progress of China's environmental and development policies,and the impacts from CCICED. This is a highly informative and carefully presented book, providing insight for policy makers in environmental issues.

"Can China's Belt and Road Initiative (BRI) promote sustainable development, alongside its primary aims of increasing commercial connectivity with China's partners? In discussions of the BRI the focus has tended to be on the implications for infrastructure construction, connectivity and economic diplomacy. Rather less attention has been paid to its potential impact on sustainability. The initiative has not only set principles to prevent climate change and promote sustainable development, but also pledged to align with the UN's environmental objectives. The contributors to this volume describe and evaluate the consequent policy coordination in the areas of green finance, green energy and sustainable development in the Belt and Road regions. They examine both the challenges and opportunities of these projects, and the role that Hong Kong can play in supporting their assessment, finance and implementation. With contributions from authors based in mainland China, Hong Kong, Australia, Singapore, Qatar, the UK and the US - with experience in corporate social responsibility, international finance, environmental policy and international relations - this book presents a thorough and rigorous analysis of the green side of the BRI. A valuable resource for scholars of the BRI and its many implications for China, its partners and the development of sustainable infrastructure"--

China's massive, globe-spanning Belt and Road Initiative (BRI) seeks to build everything from railways, ports, and power plants to telecommunications infrastructure and fiber-optic cables. Chinese President Xi Jinping's signature foreign policy endeavor, BRI has the potential to meet developing countries' needs and spur economic growth, but its implementation creates risks that outweigh its benefits. Unless the United States offers an effective alternative, China could reorient global trade networks, set technical standards that would disadvantage non-Chinese companies, lock countries into carbon-intensive power generation, increase its political influence over countries, and acquire power projection capabilities for its military. The COVID-19 pandemic has made a U.S. response more urgent as the global economic contraction has accelerated the reckoning with BRI-related debt. China's Belt and Road: Implications for the United States proposes that the United States respond to BRI by putting forward an affirmative agenda of its own, drawing on its strengths and coordinating with allies and partners to promote sustainable, secure, and green development.

China’s Belt and Road Initiative (BRI) is expected to be the largest infrastructure development scheme of the twenty-first century. There is escalating concern over BRI’s potential environmental impacts in Southeast Asia, a global biodiversity hotspot and a focus area of BRI development. Case studies of Indonesia, Myanmar, Lao PDR and Malaysia show that the success of BRI in bringing about sustainable growth and opportunities depends on the Chinese government and financiers, as well as the agencies and governments involved when BRI investments take place. The adoption of best environmental practices is critical in ensuring that growth is sustainable and that bad environmental practices are not locked in for decades to come.

China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.