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Advisors propose new system to regulate China s overseas investments

Modern Diplomacy A government-backed coalition of international advisors to the Belt and Road Initiative (BRI) has recommended that China apply more stringent environmental controls over its outbound investments. If adopted, this would be a major departure from China’s usual approach of deferring to host country rules, many of them inadequate, for regulating its overseas investments.  High-level advisors, including former UNEP chief Erik Solheim and green finance heavyweight Ma Jun, propose a system to categorise Chinese overseas investments based on their polluting, climate and biodiversity impacts. The classification methodology was published on 1 December at a press conference organised by the BRI International Green Development Coalition (BRIGC) in Beijing. It would see coal-fired power plants given a firm red light, while other types of Chinese overseas investments, such as hydropower and railways would need to implement internationally recognised mitigation measures to ea

South Korea s finance of green palm oil drives destruction in Indonesia

South Korea s finance of green palm oil drives destruction in Indonesia
chinadialogue.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadialogue.net Daily Mail and Mail on Sunday newspapers.

Is China s post-pandemic recovery off the green track?

Is China s post-pandemic recovery off the green track?
chinadialogue.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadialogue.net Daily Mail and Mail on Sunday newspapers.

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About Us Naija247news.com is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.  Naija247news was founded in October, 2010. Naija247news is strongly committed to democracy and how its can affect and benefit the livelihood of every Nigerians on the street. We believe in good governance, social change and education. We are addicted to the freedom of speech, the fundamental human rights and the journalism ethical responsibility of balance reporting in Nigeria and Africa at large. Basically, we are out to promote developmental Journalism and create an enabling environment for people to be able to interact, share opinions and proffer solutions to the many political, social and economic problems facing Nigeria and Africa at large.

Are China s new 2030 climate targets ambitious enough? | News | Eco-Business

Are China s new 2030 climate targets ambitious enough? | News | Eco-Business
eco-business.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eco-business.com Daily Mail and Mail on Sunday newspapers.

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