Is the “Belt and Road Initiative” (BRI) helping or hindering international sustainable development, achievement of the Sustainable Development Agenda 2030 and Sustainable Development Goals (SDGs)? Synergies in the aims of the BRI and SDGs have been highlighted by international organisational representatives with cooperation agreements signed as a result. The chapter assesses the aims of the BRI and SDGs, details the BRI’s record, and identifies elements of “pushback” towards the BRI. The evaluation focuses on a fundamental problem, the need to synchronise BRI practices with established ‘safeguarding’ international norms, rules and regulations. The study focuses on the ‘Green BRI’ and environmental and social governance (ESG), including China’s new Arctic Policy. It argues that, to realise its potential SDG contribution, issues such as financing and project indebtedness, contracting transparency, environmental protection and corporate social responsibility need to be addressed.
|Title of host publication||Sustainable Economy and Emerging Markets|
|Editors||Stefania Paladini, Suresh George|
|Place of Publication||London|
|Number of pages||11|
|ISBN (Print)||9781138346413, 9780429437304|
|Publication status||Published - 19 Nov 2019|