China’s banks supporting BRI projects should apply environmental risk-management policies and oversight, says Divya Narain
China’s Belt and Road Initiative (BRI) is intended to catalyse the economies of countries around the globe.
Yet BRI projects overlap some of the most ecologically fragile places on earth. The multi-trillion-dollar initiative – to build transcontinental networks of roads, railways and ports, studded with dams, mines, power plants, and solar and wind farms – has its environmental impacts. These include air and water pollution, soil contamination and erosion, habitat and wildlife loss. Tiếp tục đọc “Banks need to take Belt and Road environmental risks seriously”