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The Belt and Road Initiative (BRI) has channeled significant investments into climate action and energy transition in developing countries, putting words into action. Executive Secretary of the UN Framework Convention on Climate Change Simon Stiell notes that global renewables investment now exceeds fossil fuels, but distribution is uneven. He calls for more balanced flows to all developing nations, with the BRI serving as a model exemplifying mutual cooperation within the Global South.
The Belt and Road Initiative (BRI) has channeled significant investments into climate action and energy transition in developing countries, putting words into action. Executive Secretary of the UN Framework Convention on Climate Change Simon Stiell notes that global renewables investment now exceeds fossil fuels, but distribution is uneven. He calls for more balanced flows to all developing nations, with the BRI serving as a model exemplifying mutual cooperation within the Global South.