EU launches response to China’s Belt and Road, with green strings attached

Published 20:59 on December 1, 2021  /  Last updated at 20:59 on December 1, 2021  /  Climate Talks, EMEA, EU ETS, International  /  No Comments

The European Commission, EU member states and financial institutions on Wednesday teamed up to mobilise up to €300 billion towards foreign investments over the next five years, aiming to rival China’s Belt and Road Initiative (BRI) while championing the bloc’s green transition and digital priorities.

The European Commission, EU member states and financial institutions on Wednesday teamed up to mobilise up to €300 billion towards foreign investments over the next five years, aiming to rival China’s Belt and Road Initiative (BRI) while championing the bloc’s green transition and digital priorities.

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