Does the Belt and Road Initiative Increase the Carbon Emission Intensity of Participating Countries?

2021 ◽  
Vol 29 (3) ◽  
pp. 1-25
Author(s):  
Yan Wu ◽  
Chunlai Chen ◽  
Cong Hu
Energies ◽  
2021 ◽  
Vol 14 (17) ◽  
pp. 5455
Author(s):  
Lili Sun ◽  
Huijuan Cui ◽  
Quansheng Ge

‘Belt and Road Initiative’ (B&R) countries play critical roles in mitigating global carbon emission under the Paris agreement, but their driving factors and feasibility to reduce carbon emissions remain unclear. This paper aims to identify the main driving factors (MDFs) behind carbon emissions and predict the future emissions trajectories of the B&R countries under different social-economic pathways based on the extended STIRPAT (stochastic impacts by regression on population, affluence, and technology) model. The empirical results indicate that GDP per capita and energy consumption structure are the MDFs that promote carbon emission, while energy intensity improvement is the MDF that inhibits carbon emission. Population, as another MDF, has a dual impact across countries. The carbon emissions in all B&R countries are predicted to increase from SSP1 to SSP3, but emissions trajectories vary across countries. Under the SSP1 scenario, carbon emissions in over 60% of B&R countries can peak or decline, and the aggregated peak emissions will amount to 21.97 Gt in 2030. Under the SSP2 scenario, about half of the countries can peak or decline, while their peak emissions and peak time are both higher and later than SSP1, the highest emission of 25.35 Gt is observed in 2050. Conversely, over 65% of B&R countries are incapable of either peaking or declining under the SSP3 scenario, with the highest aggregated emission of 33.10 Gt in 2050. It is further suggested that decline of carbon emission occurs when the inhibiting effects of energy intensity exceed the positive impacts of other MDFs in most B&R countries.


2019 ◽  
pp. 47-71
Author(s):  
Petr M. Mozias

China’s Belt and Road Initiative could be treated ambiguously. On the one hand, it is intended to transform the newly acquired economic potential of that country into its higher status in the world. China invites a lot of nations to build up gigantic transit corridors by joint efforts, and doing so it applies productively its capital and technologies. International transactions in RMB are also being expanded. But, on the other hand, the Belt and Road Initiative is also a necessity for China to cope with some evident problems of its current stage of development, such as industrial overcapacity, overdependence on imports of raw materials from a narrow circle of countries, and a subordinate status in global value chains. For Russia participation in the Belt and Road Initiative may be fruitful, since the very character of that project provides us with a space to manoeuvre. By now, Russian exports to China consist primarily of fuels and other commodities. More active industrial policy is needed to correct this situation . A flexible framework of the Belt and Road Initiative is more suitable for this objective to be achieved, rather than traditional forms of regional integration, such as a free trade zone.


2018 ◽  
Vol 9 (06) ◽  
pp. 20475-20182
Author(s):  
Ige Ayokunle O ◽  
Akingbesote A.O

The Belt and Road initiative is an important attempt by China to sustain its economic growth, by exploring new forms of international economic cooperation with new partners. Even though the B&R project is not the first attempt at international cooperation, it is considered as the best as it is open in nature and does not exclude interested countries. This review raised and answered three questions of how the B&R project will affect Nigeria’s economy?  How will it affect the relationship between Nigeria and China? What could go wrong?, The review concluded that Nigeria can only benefit positively from the project.


Author(s):  
Adnan Khalaf i Hammed Al-Badrani ◽  
Hind Ziyad Nafeih

The Belt and Road Initiative is an initiative to revive the ancient Silk Road, through networks of land and sea roads, oil and gas pipelines, electric power lines, the Internet and airports, to create a model of regional and international cooperation.       It is essentially a long-term development strategy, launched by the Chinese president in 2013 to become the main engine of Chinese domestic policy and foreign diplomacy and within the framework of the soft power strategy, to enhance its position and influence in the world as a peaceful and responsible country.   The study includes identifying the initiative and setting goals for China, as well as the challenges and difficulties that hinder the initiative.


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