Green BRI: myth or reality

#Green #BRI #myth #reality

President Xi Jinping introduced BRI 2.0 while addressing the 3rd BRI Forum. He highlighted the key features of BRI-2.0, such as connectivity, people-to-people exchanges, integrity-based cooperation and high-quality cooperation, among others, and the launch of the Small But Beautiful Livelihoods Program.

However, President XI’s unwavering commitment to green and high-quality development was the highlight of the speech.

President XI is a passionate believer and campaigner for green development and GreenBRI. Unfortunately, some countries and experts who portray BRI as unfriendly try to downplay the program. According to him, the commitment of President XI is just an eyewash. In this context, it is the right time to explore and analyze the GreenBRI Initiative and its implementation status.

President XI believes that development without protecting the environment and reducing GHG emissions will have limited utility. Thus, immediately after the launch of BRI. Later, President XI deposed the National Development and Reform Commission (NDRC) to formulate a comprehensive policy under the BRI to promote climate-responsive and environment-friendly development.

NDRC immediately established the Green BRI program and developed a policy to green BRI. Green BRI got a new impetus during the 2nd BRI Forum in 2019.

To achieve the goal of GreenBRI, several initiatives, including the Belt and Road Initiative, International Green Development Coalition (BRG), Silk Road Environmental Program, Green Silk Road Ambassador Program, Big Data Platform, Belt and Road Environmental Technology exchange, transfer centre, green electricity and green cooling initiatives were launched under BRI.

The BRI International Green Development Coalition (BRIGI) is a key initiative in implementing the Green BRI agenda. BRIG C is a joint project of the Ministry of Environment and Environment, China, and more than 100 international and non-governmental organizations.

Brig C was built with three specific objectives. First, promote policy dialogue and communication to develop a coherent policy and implementation plan, considering the needs of all BRI partners. Second, it serves as an environmental knowledge platform to bridge the knowledge gap and share Chinese experience in implementing the green agenda.

Third, most importantly, it serves as a technology transfer platform, which can promote technology transfer from developed partners to others.

Since its inception, BRIG has been fighting hard to change mindsets and promote green growth and development policies. It has launched several initiatives to promote dialogue, policy coordination and knowledge creation. Some examples include BRI Green Development Case Study Report 2020, BRI and Carbon Pricing Mechanism, Biodiversity Areas and Impact Assessment in BRI Covered Areas, BRI Projects Green Development Guidance for Baseline Study (GDG), Application Guide for Enterprises and Financial Institutions, Guidance for GDG in 2021 for Railway and Highways Infrastructure Sectors, etc.

In March 2022, the NDRC, in collaboration with the Ministry of Environment and Environment and others, introduced new guidelines to promote the implementation of the GreenBRI vision. Additionally, Brig C launched new guidelines and reports on GreenBRI, including the GreenBRI Development Outlook, China’s Action on South-South Cooperation on Climate Change, etc. are included. Briggi also developed the Green Commodity Supply Chain Index.

China has launched a “green investment principle” initiative. It was launched jointly by the Green Finance Committee of the China Society for Finance and Banking and the City of London Corporation’s Green Finance Initiative, which includes Responsible Investment, Belt and Road Bankers’ Roundtable, Green Belt and Road Investors Alliance. , was conducted with the participation of World Economic Forum principles. Paulson Institute.

It has 39 members and 14 supporters. It is pertinent to highlight here that it also has western members, such as the UK, France, etc. The Chinese Academy of Sciences developed the Silk Road Environmental Program.

The program aims to develop close collaboration with research institutions worldwide, with a focus on BRI member countries. China’s research community wants to share its experience with other countries. Big Data Platform is another important initiative. This will be a major intervention in dealing with environmental and climate change issues in the days to come. Data is crucial in getting to the truth and developing the right interventions and policies to achieve results.

The Ministry of Environment and Environment established the Belt and Road Environmental Technology Exchange and Transfer Center, which is a major initiative. Many developing and poor countries lack the technology to deal with climate change. It will be interesting to see how China tries to help these countries.

On the other hand, China is equally focused on taking concrete steps to realize the Green BRI vision. It started shifting investments towards green energy, infrastructure and industry. In 2020, investment in renewable energy resources was 58.2pc, up from 19.6pc in 2014. Also, after President Xi Jinping’s statement, China abandoned its investment in coal-fired power plants.

China is promoting the use of technology. It worked with 29 BRI countries to build low-carbon demonstration zones to strengthen their capacity to address climate change challenges. China is also making efforts to build capacity through programs such as the Green Silk Road Envoy Program, which trains 1,500 environmental officials.

China to invest nearly $7.9 billion in green energy projects in 2023

However, after the third BRI Forum, China has given new dimensions and dynamics to the Green BRI agenda. It has intensified its efforts to implement the Green BRI agenda. The process began with a high-level special forum on Green BRI at the 3rd BRI Forum, attended by the UN Secretary-General and other dignitaries.

China recently launched the BRI Green and Low Carbon Expert Network to enhance coordination with partner countries. China has accelerated the process of formalizing green development under the BRI. For example, China Pakistan decided to green the China Pakistan Economic Corridor (CPEC).

China is promoting cooperation for environmentally friendly transport systems and vehicles. It is benefiting BRI partner countries from Chinese development in these sectors.

President XI announced that China would invest in creating the capacity of 100,000 personnel from BRI member countries. These are just a few examples. We can find out more by analyzing the BRI investment programs.

From the discussion we can draw two conclusions. First, BRI is not only about trade, infrastructure or logistics. It is equally focused on green goals. It looks to promote resource efficiency, combat climate change, ensure healthy and productive ecosystems and promote environmental governance. To make BRI a truly green programme, it also encourages the use of technology, human and financial capacity building and data collection and aggregation. China is talking about Greenberry and taking practical steps to make it happen.

Second, President XI and the Chinese leadership are committed and determined to deliver the Green BRI agenda in its true spirit, creating a practical example and model of harmony between nature and humans without compromising human development. is They know that success will help the world build a model that can help it tackle climate change and simultaneously achieve its dreams of development.

Therefore, they have appointed the right people to implement the plans, such as the dynamic leader of Burg Si, Dr. Zhang Jianyu, and the coordinator Peng. Thus, unsolicited or self-centered propaganda against BRI on environmental grounds should stop here.