{"title":"China's Belt & Road Initiative wind energy cooperation: Wind of change for the Chinese energy finance?","authors":"François Bega , Boqiang Lin","doi":"10.1016/j.rser.2024.115069","DOIUrl":null,"url":null,"abstract":"<div><div>While China's leadership in wind turbines export has been increasingly spotlighted, studies remain extremely limited concerning the repartition of Chinese investments in international power projects as well as the socio-economic and environmental implications of wind farms for the developing countries of the Belt & Road Initiative (BRI). To fill this gap, this research investigates the repartition of wind farms funding from China's foreign direct investment (FDI) and policy banks, especially in comparison with other BRI power projects. The methodology synergizes quantitative geospatial analysis and qualitative empirical analysis. This study reveals that a) although China is leading the wind turbines export worldwide, the financing reorientation toward wind energy should be pursued, b) BRI nations, aligned with China's dedication to improving their sustainability, need more renewables FDI, c) although wind turbines hold vast potential in developing countries, the large wind farms require long-term socio-economic and environmental safeguards.</div></div>","PeriodicalId":418,"journal":{"name":"Renewable and Sustainable Energy Reviews","volume":"208 ","pages":"Article 115069"},"PeriodicalIF":16.3000,"publicationDate":"2024-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Renewable and Sustainable Energy Reviews","FirstCategoryId":"1","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1364032124007950","RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENERGY & FUELS","Score":null,"Total":0}
引用次数: 0
Abstract
While China's leadership in wind turbines export has been increasingly spotlighted, studies remain extremely limited concerning the repartition of Chinese investments in international power projects as well as the socio-economic and environmental implications of wind farms for the developing countries of the Belt & Road Initiative (BRI). To fill this gap, this research investigates the repartition of wind farms funding from China's foreign direct investment (FDI) and policy banks, especially in comparison with other BRI power projects. The methodology synergizes quantitative geospatial analysis and qualitative empirical analysis. This study reveals that a) although China is leading the wind turbines export worldwide, the financing reorientation toward wind energy should be pursued, b) BRI nations, aligned with China's dedication to improving their sustainability, need more renewables FDI, c) although wind turbines hold vast potential in developing countries, the large wind farms require long-term socio-economic and environmental safeguards.
期刊介绍:
The mission of Renewable and Sustainable Energy Reviews is to disseminate the most compelling and pertinent critical insights in renewable and sustainable energy, fostering collaboration among the research community, private sector, and policy and decision makers. The journal aims to exchange challenges, solutions, innovative concepts, and technologies, contributing to sustainable development, the transition to a low-carbon future, and the attainment of emissions targets outlined by the United Nations Framework Convention on Climate Change.
Renewable and Sustainable Energy Reviews publishes a diverse range of content, including review papers, original research, case studies, and analyses of new technologies, all featuring a substantial review component such as critique, comparison, or analysis. Introducing a distinctive paper type, Expert Insights, the journal presents commissioned mini-reviews authored by field leaders, addressing topics of significant interest. Case studies undergo consideration only if they showcase the work's applicability to other regions or contribute valuable insights to the broader field of renewable and sustainable energy. Notably, a bibliographic or literature review lacking critical analysis is deemed unsuitable for publication.