Abstract
This short essay quantifies the level of Chinese overseas development finance in the global energy sector, denotes the financing model deployed by the Chinese in these transactions, and evaluates China’s potential for financing a transition toward a clean energy future. We find that China’s two development banks – the China Development Bank and the Export-Import Bank of China provide more development finance than the World Bank and its counterparts, and have a more flexible business model for financing cleaner energy. That said, the current mix of Chinese energy finance is in carbon intensive projects. China’s model holds out hope, and makes China poised to lead.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.