Building a green Belt and Road Initiative (BRI) is a complex endeavor fraught with challenges in technology, finance, and policy. Zhang Jianyu, Executive Director of the BRI Green Development Institute, sheds light on innovative solutions to these problems.
The pursuit of sustainability within the BRI requires cutting-edge technologies that minimize environmental impact. Zhang emphasizes the importance of international collaboration in developing and sharing green technologies. “We need to establish partnerships that foster innovation and make advanced solutions accessible to all participating countries,” he says.
Financial constraints also pose significant obstacles. Zhang suggests creating dedicated green finance mechanisms to support eco-friendly projects. “Investments in sustainable infrastructure should be incentivized through green bonds and other financial instruments that encourage long-term environmental benefits,” he explains.
Policy alignment among BRI countries is crucial for cohesive action. Zhang advocates for the establishment of unified environmental standards and regulations. “By harmonizing policies, we can ensure that all projects meet stringent environmental criteria, leading to a collectively greener Belt and Road,” he notes.
Zhang’s insights highlight the need for a multifaceted approach to overcome the hurdles in building a green BRI. Through technological innovation, financial strategies, and policy cooperation, the vision of a sustainable Belt and Road can become a reality.
Reference(s):
cgtn.com
