Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2018.06.009 |
Energizing development finance? The benefits and risks of China's development finance in the global energy sector | |
Gallagher, Kevin P.1; Kamal, Rohini1; Jin, Junda1; Chen, Yanning2,3; Ma, Xinyue1 | |
2018-11-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 122页码:313-321 |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | This paper provides the first estimates of China's global developmental finance institutions in general and China's policy bank lending to foreign governments for energy in particular. According to the China Global Energy Finance database, between 2000 and 2017, China Development Bank (CDB) and China Export-Import Bank (CHEXIM) provided $225.75 billion in overseas energy development finance. We find that: China's 'policy banks' and funds have doubled the availability of global development finance-and hold more assets than the major Western-backed MDBs operating in developing countries. With the onset of a new family of funds and multilateral development banks co-financed by China, China is poised to be the largest development lender in the world as Western-backed MDBs appear stagnated in their ability to increase their capital bases. China's global energy portfolio is heavily exposed to country, macroeconomic, climate, and social risks, however. To mitigate such risks and meet the broader sustainable development challenge for the 21st Century, China's development finance will need to shift the composition of its global energy lending in a significant manner. |
英文关键词 | Globalization Energy Climate change China Development finance |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000447576700029 |
WOS关键词 | GREENHOUSE-GAS EMISSIONS |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/19068 |
专题 | 气候变化 |
作者单位 | 1.Boston Univ, Global Dev Policy Ctr, Boston, MA 02215 USA; 2.SAIS CARI China Africa Initiat, Washington, DC 20036 USA; 3.1717 Massachusetts Ave NW,Suite 723, Washington, DC 20036 USA |
推荐引用方式 GB/T 7714 | Gallagher, Kevin P.,Kamal, Rohini,Jin, Junda,et al. Energizing development finance? The benefits and risks of China's development finance in the global energy sector[J]. ENERGY POLICY,2018,122:313-321. |
APA | Gallagher, Kevin P.,Kamal, Rohini,Jin, Junda,Chen, Yanning,&Ma, Xinyue.(2018).Energizing development finance? The benefits and risks of China's development finance in the global energy sector.ENERGY POLICY,122,313-321. |
MLA | Gallagher, Kevin P.,et al."Energizing development finance? The benefits and risks of China's development finance in the global energy sector".ENERGY POLICY 122(2018):313-321. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论