Four reasons why G7 climate finance initiative will struggle against China's Belt and Road
- Written by Karen Jackson, Senior Lecturer in Economics, University of Westminster
During the G7 summit in Cornwall, the group of nations unveiled a global initiative to help low and middle-income countries to cover the vast cost of green infrastructure. Intended as a green rival to China’s Belt and Road Initiative, the Build Back Better World (B3W) initiative aims to unlock private capital to invest in projects related to...