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As the Belt and Road Initiative (BRI) marks its 10th anniversary, it’s shifting gears to prioritize sustainable, community-driven projects that balance economic growth with climate action. Angela Churie Kallhauge of the Environmental Defense Fund (EDF) highlights how this strategy is reshaping global development—and why it matters for our planet’s future.
Why Green Development is Central to BRI
With BRI partners projected to account for 76% of global emissions by 2050, Kallhauge emphasizes that ‘greening the initiative is non-negotiable’. Over 150 organizations across 40+ countries have joined the Belt and Road International Green Development Coalition, focusing on renewable energy and carbon markets. Two-thirds of recent energy projects under the Asian Infrastructure Investment Bank are now classified as ‘green’.
From Megaprojects to Community Impact
BRI’s new mantra? ‘Small and beautiful’. These projects—like solar farms or eco-friendly transport systems—are designed with locals, not just for them. Kallhauge notes they’re not only eco-friendly but also financially savvy: ‘Lower risk, higher returns, and real community buy-in.’ Think Beijing’s electric vehicle boom replicated in cities worldwide!
Climate Action Meets People Power
The focus isn’t just on saving the planet—it’s about empowering communities. Kallhauge sees carbon markets as a game-changer, unlocking private funding for green tech while creating jobs. ‘It’s not about politics,’ she says. ‘It’s about building resilience where it counts.’
Angela Churie Kallhauge of the Environmental Defense Fund (EDF) highlights how this strategy is reshaping global development—and why it matters for our planet’s future.
Two-thirds of recent energy projects under the Asian Infrastructure Investment Bank are now classified as ‘green’.
These projects—like solar farms or eco-friendly transport systems—are designed with locals, not just for them. Kallhauge notes they’re not only eco-friendly but also financially savvy: ‘Lower risk, higher returns, and real community buy-in.’ Think Beijing’s electric vehicle boom replicated in cities worldwide!
Kallhauge sees carbon markets as a game-changer, unlocking private funding for green tech while creating jobs. ‘It’s not about politics,’ she says. ‘It’s about building resilience where it counts.’
Third Belt and Road Forum Unites 140+ Nations for…
