CGD in the News

Is China’s Belt and Road Initiative an Opportunity for Indonesian Renewable Energy? (The Diplomat)

January 09, 2019

From the article:

Looking into the potentials of BRI to boost Indonesian RE, there are some issues that need to be addressed. First, the rising concern of BRI participation leading to a debt trap. This anxiety is not without reason. The Center for Global Development published a paper about eight countries that are at high-risk of debt distress due to BRI loans. From the Indonesian side, a comprehensive risk-assessment must be taken into account before having any RE cooperation under BRI, making sure Indonesia won’t fall into a debt trap.