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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

road through forest

China’s “Green” Belt and Road Initiative Isn’t Very Green

What would it look like today if major multilateral finance institutions like the World Bank had never adopted the climate agenda as a binding constraint on their operations? Unfortunately, we have a real-world approximation of that hypothetical in the form of Chinese development finance. At least, that’s a conclusion I draw from an important new report from World Resources Institute (WRI) and Boston University, Moving the Green Belt and Road Initiative: From Words to Actions.

If the Trump Administration Abandons Climate, Will China Take Global Leadership?

President Elect Donald Trump committed his first major personnel act on climate Wednesday, picking Scott Pruitt—Oklahoma Attorney General, climate change denier, and oil industry ally—to head the Environmental Protection Agency. If Pruitt is confirmed to the position, he will be responsible for looking out for not just for narrow oil interests, but all Americans. Maybe he’ll be persuaded to take a more forward-looking stance on climate by the Americans already suffering from sea level rise in AlaskaFlorida, and Louisiana. But if that doesn’t concern him, perhaps the United States losing international goodwill and influence to an ascendant China will.

Copenhagen: Why China is Mostly Right

China recently announced it will reduce the emissions-intensity of its economy (ratio of emissions to GDP) by at least 40-45 percent by 2020. But in Copenhagen it is resisting making that promise an internationally binding commitment. That’s a big problem for the U.S. negotiators, since the Congress is adamant: the U.S. will not commit until and unless the Chinese do too.

Scrap the G8

Once again the G8 has come up tragically short on climate change and a host of urgent problems affecting poor people in developing countries. The good news is that they are at least discussing the right topics. The first Hokkaido G8 document, on the World Economy spills lots of ink on relations between rich and developing economies, including for example, reaffirmation of support for the Extractive Industries Transparency Initiative.

China's ExIm Bank Discloses its Environmental Policy

China's Export-Import Bank is a large and growing instrument of China's strategy in boosting trade and investment (and influence) abroad. As Todd Moss and I noted, it is now among the largest export credit agencies in the world, with primary commercial operations in 2005 exceeding those of the U.S., Japan and the UK.

China, Twenty Years After

”LawrenceTwenty years ago this month I left China under less than ideal circumstances: I was one of a handful of reporters expelled during a crackdown on the incipient student democracy movement. After a dozen years of close involvement with China, first as a student, then as a tour guide, and finally as a journalist, I was suddenly cut off from the country, unable to return.