China’s Silk Road Fund recently signed a memorandum of understanding (MoU) with the UN-backed Global Green Growth Institute to promote sustainable investments in Belt and Road infrastructure projects.
The MoU demonstrates China’s fresh efforts in pursuing sustainability and responsible investments in its Belt and Road Initiative (BRI), followinf President Xi Jinping’s pledge of a stronger emphasis on environmental and social responsibilities fot the flagship national initiative late last year.
The MoU was signed during the Boao Forum for Asia Annual Conference 2024 in late March. The Silk Road Fund (SRF) and Global Green Growth Institute (GGGI) agreed to jointly explore sustainable infrastructure investment opportunities, financing and capacity building in Belt and Road countries to promote sustainable social and economic development.
Global Green Growth Institute (GGGI) is a treaty-based, international inter-governmental organisation established at the United Nations Conference on Sustainable Development in 2012, with headquarters in Seoul. It is dedicated to promoting energy transition and sustainable economic growth in developing and emerging countries.
https://www.asianinvestor.net/article/silk-road-fund-partners-with-institute-on-sustainable-belt-and-road-projects/495853