BRI International Green Development Coalition (BRIGC) and the World resources Institute (WRI) launched the Green Development Guidance for BRI Projects Baseline Study (hereafter the “Report”) on December 1, 2020 at the BRIGC 2020 Policy Studies Release event. The Report proposes a three category classification method for BRI projects, based on their climate, ecological and local environmental impacts: the Green encouraged projects, the Yellow neutral projects, and the Red projects requiring stricter supervision and regulation. The research team also developed positive and negative project lists with recommended regulatory and management measures. The report further outlines prioritized areas for formulating the Green Development Guidance for BRI Project (the “Guidance”) that aims to guide BRI investment to shift from brown to green.
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