With Vietnam as an example, this report analyzes the status quo and trend of renewable energy and power planning, action against climate change, environmental laws & regulations and governance objectives, and cooperation with China in the field of energy and power under the BRI. It also discussed the barriers, risks and opportunities faced by China in its investment in renewable energy in Vietnam. While it also provides practical suggestions for the Chinese government, financial institutions, enterprises and the Vietnamese government on policy support, action is needed to promote China’s investments in renewable energy in Vietnam.
This report summaries the investment potential of renewable energy projects and the existing renewable energy programs invested by Chinese companies in the Belt and Road countries. According to the interviews with Chinese investment companies and financial institutions, this report analyzes and conducts a comparison with 25 cases of photovoltaic and wind projects along the Belt and Road countries. These projects locate in 17 different countries and areas in Asia, Europe, Africa and south America, and include different types of investors and financing models. Based on case study, interviews with Chinese investment companies and financial institutions, this report summarizes the main financing models, challenges and recommendations of Chinese companies when investing in renewable energy projects in BRI countries.
With Vietnam, Indonesia and Pakistan as country case studies, the report examines the opportunities and challenges of BRI power investment under the Paris Agreement, to provide recommendations for Chinese policy makers and investors to align BRI investments with climate targets in the near and long term.
In response to the growing trend of climate change, energy transformation and low-carbon development, more and more government policy-makers and investors are realizing that coal investment activities greatly harm public health and exert much negative impact onthe environment and society. As a result, governments and enterprises will face risks related to finance, reputation and stranded asset. Therefore, they are gradually strengthening and promoting the policies and actions regarding public and social capital to withdraw from the coal industry and migrate to green industries.