The IFF China Report 2021
Insight and perspectives from the world’s leaders, premier policy-makers and financiers
Green finance
Green finance has become the focus of numerous infrastructure projects over the past few years. As China has come under greater scrutiny about the scope of its projects, the Belt and Road Initiative (BRI) has evolved to foster sustainability both in terms of debt servicing and infrastructure funding. In 2021, renewable power for the first time made up the bulk of BRI energy investments, as the Covid-19 pandemic accelerated a shift away from fossil fuels. In this section, policy-makers discuss ways to ensure recovery is both economically strong but more sustainable and resilient, and why now is the time for governments to invest in climate projects, pushing closer to the goal of carbon neutrality sooner rather than later. This section also includes the results of the 2020 Global Green Finance Innovation Awards.
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Sharing the load
Inger Andersen, under-secretary-general of the UN and executive director of the UN Environment Programme, discusses the opportunities and potential in the hands of financial institutions for a green economic recovery after the Covid-19 pandemic
Never let a good crisis go to waste
This is a once-in-a-generation chance to reset our course, says Victoria Kwakwa, vice-president, east Asia and the Pacific, at the World Bank. She posits the inclusion of green development and action against climate change in post-Covid‑19 economic…
Emergency 2030
There has never been a more crucial time to act. Marco Lambertini, director-general at the World Wide Fund for Nature, asks how financiers can innovatively incorporate green finance instruments into biodiversity conservation and turn back the tide of…
