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China's Belt and Road as a Conduit for Clean Power Projects Around the World
Published online by Cambridge University Press: 14 March 2025
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Are China's energy investments around the world promoting green and clean power generation in countries other than China, or are they exporting China's dirty coal-fired power generation capacity to third countries? This is an important question, and much hangs on how it is answered. China's Belt and Road is a conduit for polluting investments by Chinese policy banks around the world, argues Professor Kelly Sims Gallagher (The Fletcher School, Tufts University) in a Beyondbrics comment in the Financial Times on August 10, 2018. But when examined, this argument is not persuasive. If we use the same China Global Energy Finance (CGEF) database that Gallagher uses, it is easy to demonstrate the opposite finding, namely that China's investments globally in power generation over the past five years have been more green than black.
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This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.- Copyright
- Copyright © The Authors 2018
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Notes
1 The source can be found here.
2 We use standard Ordinary Least Squares to fit this straight line through the annual proportional data.
3 See the news release from China Exim Bank here.
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