An Analysis of the Emission Reduction Targets of “Belt and Road” Countries Based on Their NDC Reports

Jing Wu, Guan Kaixuan, Qianting Zhu, Wang Zheng, Yuanhua Chang and Xiong Wen
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Jing Wu: Institutes of Science and Development, Chinese Academy of Sciences, Beijing 100190, China
Guan Kaixuan: Institutes of Science and Development, Chinese Academy of Sciences, Beijing 100190, China
Qianting Zhu: School of Economics and Management, China University of Petroleum, Beijing 102249, China
Wang Zheng: Institutes of Science and Development, Chinese Academy of Sciences, Beijing 100190, China
Yuanhua Chang: School of Economics and Management, China University of Petroleum, Beijing 102249, China
Xiong Wen: School of Economics, Beijing Technology and Business University, Beijing 100048, China

Sustainability, 2019, vol. 11, issue 24, 1-19

Abstract: The emission reduction targets articulated in the nationally determined contribution (NDC) reports of the “Belt and Road” countries, which have joined China in an international alliance to promote green development, are studied in this paper. Our findings indicate that the most commonly adopted emission reduction targets are relative to emissions in the base year and to baseline scenarios. Approximately half of these countries request technological and financial support from the international community in their NDC reports. Greenhouse gas inventory accounting, and data management, modeling, and tools are the most commonly identified technological needs. Moreover, the NDC reports indicate that $2.88 trillion of financial support is explicitly required, while a reliable international financial assistance and technology transfer would enable considerably higher emission reduction targets to be reached in Belt and Road countries. Our analysis of the top four emitters among these countries reveal a future decreasing trend for China and Russia and an increasing trend for India and Indonesia. China can effectively promote its Belt and Road green development initiative through measures such as capacity building in the areas of emission inventory accounting, constructing an “Internet Plus” platform for the use and management of low-carbon data, and technology exchanges aimed at strengthening low-carbon development.

Keywords: belt and road initiative; emission reduction; climate change; nationally determined contribution (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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