Tracking China's Global Energy Finance
Since 2000, the China Development Bank and the Export-Import Bank of China have emerged as major global funders of energy infrastructure providing upwards of $160 billion in energy finance to governments across the world, nearly matching the amount of finance provided by the World Bank and the regional multi-lateral development banks. To better understand the size and types of this energy investment, Kevin Gallagher and his research team at Boston University have launched a new interactive China’s Global Energy Finance database that tracks international energy investments by Chinese banks. The database has revealed that nearly 80% of Chinese bank investment goes into power plant construction—two-thirds of which were coal plants. Besides presenting insights from the database, Dr. Gallagher will discuss how Chinese energy finance compares to other global energy financiers. Dr. Wang Yan (Peking University) will put this energy financing in a larger context by explaining the non-concessional finance approach China’s global banks are taking to promote industrial and infrastructure development around the world. Paulina Garzon will provide examples of positive and negative impacts that Chinese energy investments are having on communities in Latin America.
Speakers



Hosted By
China Environment Forum
China’s global footprint isn’t just an economic one, it’s an environmental one. From BRI investments in Africa and Asia to its growing presence in Latin America, understanding China’s motivations, who stands to gain - and who stands to lose - is critical to informing smart US foreign policy. Read more