EconPapers    
Economics at your fingertips  
 

Towards a Sustainable Belt and Road Initiative?

Thomas Melonio, Marine Bertuzzi, Alisée Pornet and Laëtitia Tremel

Working Paper from Agence française de développement

Abstract: The study of China’s international financial flows shows that it has become a major player in international financing. With the Belt and Road Initiative, China has promoted a narrative of development based primarily on economic growth, interconnectedness through transport infrastructure, and commercial trade. At the Second Belt and Road Forum in April 2019, the Chinese authorities declared their wish to focus on issues related to financial and environmental sustainability, planning a move towards a “higher quality” Belt and Road Initiative. This discourse provides an opportunity for increased dialogue and greater cooperation with other actors involved in development finance, although this presupposes a convergence in the financial, social, and environmental practices of Chinese and non-Chinese financial actors. This article makes a number of recommendations for creating these new convergences, and offers some approaches to a common framework for sustainable finance and development.This Policy Paper is also available in Mandarin

JEL-codes: Q (search for similar items in EconPapers)
Pages: 50
Date: 2019-11-04
New Economics Papers: this item is included in nep-env and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Published in Policy Papers

Downloads: (external link)
https://www.afd.fr/sites/afd/files/2019-12-10-26-4 ... -road-initiative.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:avg:wpaper:en10419

Access Statistics for this paper

More papers in Working Paper from Agence française de développement Contact information at EDIRC.
Bibliographic data for series maintained by AFD ().

 
Page updated 2021-07-11
Handle: RePEc:avg:wpaper:en10419