Tag: BRI

How Has China Helped the Green Transformation Along the Belt and Road: Four Channels

By Yan Wang As the deadline for the United Nations Sustainable Development Goals (SDGs) draws near, the world economy faces headwinds from trade protections, supply-chain disruptions and shrinking development assistance. According to the OECD, official development assistance (ODA) from member countries declined by 7.1% in 2024.  Against this backdrop, finding workable solutions to a polycrisis […]

Greening the Belt and Road with Four Underlying Mechanisms

With five years to go before the Sustainable Development Goals (SDGs) deadline, official statements have stressed that only 18 percent of the targets are on track, and many are going in reverse. International development community and policymakers around the world are struggling to find approaches that help to combat climate change and other challenges. Chinese […]

Chinese Ties and Low-carbon Industrialization in Africa

Since the establishment of the Forum on China-Africa Cooperation (FOCAC) in 2000 and the China-Africa Development Fund in 2006, China’s economic ties with Africa have grown and deepened significantly. However, China’s deepening connections and in particular, its foreign direct investment (FDI), in Africa have been the subject of discussion regarding their composition, goals, nature and implications […]

Around the Halls: A Year in Review and Look Ahead to 2024

The year 2023 is coming to a close as emerging market and developing economies continue to experience economic headwinds in the form of higher-for-longer interest rates, the ongoing ramifications of the COVID-19 pandemic and Russia’s war in Ukraine and accelerating climate change. In reflecting on the end of the year and the start of another, […]

Webinar Summary: Evaluating the Promise of the BRI at 10

By Ishana Ratan  On Thursday, October 12, the Boston University Global Development Policy Center (GDP Center) hosted a webinar discussion on the impacts and implications of the Belt and Road Initiative (BRI) in its 10 years of shaping global development. Oyintarelado Moses, Data Analyst and Database Manager, and Rebecca Ray, Senior Academic Researcher, presented key […]

GDP Center Round-Up: The Belt and Road Forum for International Cooperation

By Claire Paul and Maureen Heydt To mark the tenth anniversary of China’s historic Belt and Road Initiative (BRI), the third Belt and Road Forum for International Cooperation (BRF) will be held in Beijing next week, with several international leaders scheduled to attend. The BRI is an ambitious global infrastructure platform to expand connectivity, economic […]

10 Charts for the BRI at 10

By Lucas Engel and Oyintarelado Moses Ten years have passed since Chinese leader Xi Jinping introduced plans for the Belt and Road Initiative (BRI), a global infrastructure platform to increase connectivity, economic integration, growth and cooperation across the globe. To mark this anniversary, researchers at Boston University Global Development Policy Center (GDP Center) have synthesized […]

How Innovative Financing Mechanisms Can Green the Belt and Road Initiative

By Niccolò Manych and Ishana Ratan The year 2023 marks the tenth anniversary of China’s Belt and Road Initiative (BRI). Over the last decade, the BRI has evolved into the world’s largest international investment program. In 2022, the annual financial volume reached $67.8 billion, with a significant portion directed towards the power sector. Notably, investments […]

Promoting Sustainable Development: The Role of Innovative Financing Mechanism

In September 2021, at the 76th United Nations General Assembly, Chinese leader Xi Jinping announced that China will step up support for other developing countries in developing green and low-carbon energy and will not build new coal-fired power projects abroad. Since then, renewable energy has become a key area in promoting the green development of […]