Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement
China's overseas investment flows (US$ 183 billion) and stock (US$ 4.7 trillion) reached a record peak in 2016, second only to those of the US. A major cause for concern lies in the environmental sustainability of China's overseas investment portfolio, which is compounded by the lack of transparency of China's main development finance arms. We intend in this paper to give an update on the magnitude of green finance in China's overseas investment and development finance portfolio on the basis of the best available estimates, and to put these figures into a broader perspective of multilateral development banks' commitments and practices to combat climate change. We derive practical policy recommendations that Chinese development banks could take to further align China's overseas investment with the 2°C target of the Paris Agreement, with the first step being to revise the 'host country standard' principle, to ensure that Chinese development banks use the most stringent of the two environmental standards, abroad or at home.
Main Authors: | , , |
---|---|
Format: | article biblioteca |
Language: | eng |
Subjects: | E13 - Investissements, financement et crédit, P01 - Conservation de la nature et ressources foncières, P40 - Météorologie et climatologie, investissement étranger, protection de l'environnement, accord international, changement climatique, http://aims.fao.org/aos/agrovoc/c_3043, http://aims.fao.org/aos/agrovoc/c_15898, http://aims.fao.org/aos/agrovoc/c_3915, http://aims.fao.org/aos/agrovoc/c_1666, http://aims.fao.org/aos/agrovoc/c_1556, |
Online Access: | http://agritrop.cirad.fr/593358/ http://agritrop.cirad.fr/593358/7/593358.pdf |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
dig-cirad-fr-593358 |
---|---|
record_format |
koha |
spelling |
dig-cirad-fr-5933582024-01-29T02:14:43Z http://agritrop.cirad.fr/593358/ http://agritrop.cirad.fr/593358/ Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement. Voituriez Tancrède, Yao Wang, Larsen Mathias Lund. 2019. Climate Policy, 19 (10) : 1205-1210.https://doi.org/10.1080/14693062.2019.1650702 <https://doi.org/10.1080/14693062.2019.1650702> Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement Voituriez, Tancrède Yao, Wang Larsen, Mathias Lund eng 2019 Climate Policy E13 - Investissements, financement et crédit P01 - Conservation de la nature et ressources foncières P40 - Météorologie et climatologie investissement étranger protection de l'environnement accord international changement climatique http://aims.fao.org/aos/agrovoc/c_3043 http://aims.fao.org/aos/agrovoc/c_15898 http://aims.fao.org/aos/agrovoc/c_3915 http://aims.fao.org/aos/agrovoc/c_1666 Chine http://aims.fao.org/aos/agrovoc/c_1556 China's overseas investment flows (US$ 183 billion) and stock (US$ 4.7 trillion) reached a record peak in 2016, second only to those of the US. A major cause for concern lies in the environmental sustainability of China's overseas investment portfolio, which is compounded by the lack of transparency of China's main development finance arms. We intend in this paper to give an update on the magnitude of green finance in China's overseas investment and development finance portfolio on the basis of the best available estimates, and to put these figures into a broader perspective of multilateral development banks' commitments and practices to combat climate change. We derive practical policy recommendations that Chinese development banks could take to further align China's overseas investment with the 2°C target of the Paris Agreement, with the first step being to revise the 'host country standard' principle, to ensure that Chinese development banks use the most stringent of the two environmental standards, abroad or at home. article info:eu-repo/semantics/article Journal Article info:eu-repo/semantics/publishedVersion http://agritrop.cirad.fr/593358/7/593358.pdf text Cirad license info:eu-repo/semantics/restrictedAccess https://agritrop.cirad.fr/mention_legale.html https://doi.org/10.1080/14693062.2019.1650702 10.1080/14693062.2019.1650702 info:eu-repo/semantics/altIdentifier/doi/10.1080/14693062.2019.1650702 info:eu-repo/semantics/altIdentifier/purl/https://doi.org/10.1080/14693062.2019.1650702 |
institution |
CIRAD FR |
collection |
DSpace |
country |
Francia |
countrycode |
FR |
component |
Bibliográfico |
access |
En linea |
databasecode |
dig-cirad-fr |
tag |
biblioteca |
region |
Europa del Oeste |
libraryname |
Biblioteca del CIRAD Francia |
language |
eng |
topic |
E13 - Investissements, financement et crédit P01 - Conservation de la nature et ressources foncières P40 - Météorologie et climatologie investissement étranger protection de l'environnement accord international changement climatique http://aims.fao.org/aos/agrovoc/c_3043 http://aims.fao.org/aos/agrovoc/c_15898 http://aims.fao.org/aos/agrovoc/c_3915 http://aims.fao.org/aos/agrovoc/c_1666 http://aims.fao.org/aos/agrovoc/c_1556 E13 - Investissements, financement et crédit P01 - Conservation de la nature et ressources foncières P40 - Météorologie et climatologie investissement étranger protection de l'environnement accord international changement climatique http://aims.fao.org/aos/agrovoc/c_3043 http://aims.fao.org/aos/agrovoc/c_15898 http://aims.fao.org/aos/agrovoc/c_3915 http://aims.fao.org/aos/agrovoc/c_1666 http://aims.fao.org/aos/agrovoc/c_1556 |
spellingShingle |
E13 - Investissements, financement et crédit P01 - Conservation de la nature et ressources foncières P40 - Météorologie et climatologie investissement étranger protection de l'environnement accord international changement climatique http://aims.fao.org/aos/agrovoc/c_3043 http://aims.fao.org/aos/agrovoc/c_15898 http://aims.fao.org/aos/agrovoc/c_3915 http://aims.fao.org/aos/agrovoc/c_1666 http://aims.fao.org/aos/agrovoc/c_1556 E13 - Investissements, financement et crédit P01 - Conservation de la nature et ressources foncières P40 - Météorologie et climatologie investissement étranger protection de l'environnement accord international changement climatique http://aims.fao.org/aos/agrovoc/c_3043 http://aims.fao.org/aos/agrovoc/c_15898 http://aims.fao.org/aos/agrovoc/c_3915 http://aims.fao.org/aos/agrovoc/c_1666 http://aims.fao.org/aos/agrovoc/c_1556 Voituriez, Tancrède Yao, Wang Larsen, Mathias Lund Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement |
description |
China's overseas investment flows (US$ 183 billion) and stock (US$ 4.7 trillion) reached a record peak in 2016, second only to those of the US. A major cause for concern lies in the environmental sustainability of China's overseas investment portfolio, which is compounded by the lack of transparency of China's main development finance arms. We intend in this paper to give an update on the magnitude of green finance in China's overseas investment and development finance portfolio on the basis of the best available estimates, and to put these figures into a broader perspective of multilateral development banks' commitments and practices to combat climate change. We derive practical policy recommendations that Chinese development banks could take to further align China's overseas investment with the 2°C target of the Paris Agreement, with the first step being to revise the 'host country standard' principle, to ensure that Chinese development banks use the most stringent of the two environmental standards, abroad or at home. |
format |
article |
topic_facet |
E13 - Investissements, financement et crédit P01 - Conservation de la nature et ressources foncières P40 - Météorologie et climatologie investissement étranger protection de l'environnement accord international changement climatique http://aims.fao.org/aos/agrovoc/c_3043 http://aims.fao.org/aos/agrovoc/c_15898 http://aims.fao.org/aos/agrovoc/c_3915 http://aims.fao.org/aos/agrovoc/c_1666 http://aims.fao.org/aos/agrovoc/c_1556 |
author |
Voituriez, Tancrède Yao, Wang Larsen, Mathias Lund |
author_facet |
Voituriez, Tancrède Yao, Wang Larsen, Mathias Lund |
author_sort |
Voituriez, Tancrède |
title |
Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement |
title_short |
Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement |
title_full |
Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement |
title_fullStr |
Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement |
title_full_unstemmed |
Revising the 'host country standard' principle: A step for China to align its overseas investment with the Paris Agreement |
title_sort |
revising the 'host country standard' principle: a step for china to align its overseas investment with the paris agreement |
url |
http://agritrop.cirad.fr/593358/ http://agritrop.cirad.fr/593358/7/593358.pdf |
work_keys_str_mv |
AT voiturieztancrede revisingthehostcountrystandardprincipleastepforchinatoalignitsoverseasinvestmentwiththeparisagreement AT yaowang revisingthehostcountrystandardprincipleastepforchinatoalignitsoverseasinvestmentwiththeparisagreement AT larsenmathiaslund revisingthehostcountrystandardprincipleastepforchinatoalignitsoverseasinvestmentwiththeparisagreement |
_version_ |
1792499807541002240 |