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Eco-Alliance: Tackling Climate Change in the Caribbean with Chinese FDI

Zhao Yueshu ()
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Zhao Yueshu: International Monetary Fund

Economic Diplomacy, 2024, vol. 2, issue 1, 12

Abstract: This paper explores the transformative role of Chinese FDI in catalyzing the Caribbean’s transition to renewable energy amidst significant climate vulnerabilities. It investigates the economic impacts of climate-induced disasters in the region, underscoring the necessity for renewable energy solutions to ensure sustainable development. This study highlights the potential benefits for the Caribbean by examining successful Chinese FDI examples in the renewable sectors of Suriname, Brazil, and Argentina. The article is structured to first analyze the region’s climate risks and economic impacts, then examine Chinese FDI’s contributions to renewable energy development, and finally propose policy recommendations for leveraging these investments. Through this analysis, the paper aims to contribute to sustainable development strategies, advocating for targeted policies and international collaboration to build a resilient and sustainable Caribbean in the face of climate change.

Keywords: Chinese FDI; Renewable energy; Climate resilience; Caribbean; Sustainable development; Economic diplomacy; Climate change mitigation (search for similar items in EconPapers)
JEL-codes: F21 F63 O19 Q42 Q54 Q56 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecdipl:v:2:y:2024:i:1:p:12:n:1003

DOI: 10.2478/ecdip-2024-0002

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