Chinese renewable energy companies need to treat the country’s climate commitments as more than just new markets and business opportunities. As implementers of these promises and builders of the green projects, they must ensure their environmental and social impact is minimised.
Beijing wants state-owned enterprises to meet global green standards, not lax local laws, when operating overseas and improve communication to better address local, environmental concerns. Are they ready?
Beijing’s carbon goals deserve praise, but without cleaning up and decarbonising its overseas energy investment, China will not succeed as a global climate leader.
The thoughts and concerns of people living near belt and road projects are rarely heard by Chinese policymakers and investors. Stakeholders need to walk into the villages and listen to what the locals have to say, for real people-to-people connectivity to happen.