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Research Paper: One Belt One Road and the Reconfiguration of EU-China Relations

At the 2017 Davos Economic Forum, Chinese President Xi Jinping emphasized the merits of globalization and called for more effective measures and structural reforms to establish equitable governance and build new growth models. The “One Belt One Road” (OBOR) initiative has been accelerated with the Chinese presidency of the G20 in 2016 and advocates more inclusive regional cooperation and offers ambitious plans to further tighten connections across the Eurasian and North African continents.

This paper highlights the reconfiguration of EU- China relations and explains the evolution of the trading flows between the two actors under the “One Belt One Road” initiative.

Click here to Download the research paper.

France Might Miss The Great African Transformation

No French diplomat was present at the launching of the African Union “2016 Transition Report” in New York on September 21st. Is it because it is an internal matter of the African Union, or is it symptomatic of a French disregard for the  transformation of the continent ? In either case, it appears that it is one of the many signs that France stands idle by as Africa undergoes many changes. Read Joel Ruet’s analysis on this matter in this OpEd published in Jeune Afrique

T20/G20 Policy Brief: GREEN SHIFT TO SUSTAINABILITY: Co-benefits & Impacts of Energy Transformation on Resource Industries, Trade, Growth and Taxes

By R. Andreas Kraemer (lead) – Center for International Governance Innovation (CIGI), Canada,Joël Ruet – The Bridge Tank, France,Barry Carin– Center for International Governance Innovation (CIGI), Canada, Max Gruenig– Ecologic Institute, Germany & United States, Fernando Naves Blumenschein & Renato Flores– Fundação, Getulio Vargas(FGV), Brazil, Akshay Mathur– Gateway House, India, Clara Brandi – German Development Institute (GDI-DIE), Thomas Spencer– Institut du développement durable et des relations internationales (IDDRI), France Sebastian Helgenberger & Sonja Thielges– Institute for Advanced Sustainability Studies (IASS), Germany,  Scott Vaughan– International Institute for Sustainable Development (IISD), Canada,Shelagh Whitley– Overseas Development Institute (ODI), UK, Hermann Ott– Wuppertal Institute, Germany. 

“Energy transformation towards 100% renewable energy is economically inevitable, and socially and environmentally desirable, yet it may produce negative signals in outdated statistics as fossil trade diminishes and the sector shrinks. This paradoxon should be addressed in a joint report by, e.g., IRENA, IMF, OECD, andthe World Bank, and the Task Force on Climate-Related Financial Disclosures.

Fossil fuel extraction and commodity trade will end, and fossil asset values erode. The industry’s role in capital formation, international trade, economic activity (GDP), and government revenue will decline. New energy systems, based on efficiency, renewables, storage, and smart management are cheaper to build, run and maintain. Growth of electricity use stimulates innovation, value creation, and growth in consumer rent, as renewable energy technologies harvest free environmental flows that are not traded and often for self-consumption. Total utility will grow while trade, GDP and the tax base may shrink. Reports should inform G20 Leaders, Ministers of Finance and Central Bank Governors on the true costs and benefits, and alert them to misleading signals.” Read More … 

Policy Brief: Financial Regulation and Climate Emergency – For Greener Prudential and Accounting Standards

Abdeljellil Bouzidi, The Bridge Tank, has co-authored a Brief for the Think Tank Terra-Nova http://tnova.fr/etudes/regulation-financiere-et-urgence-climatique-pour-des-normes-prudentielles-et-comptables-plus-vertesin which the authors state that «It is vital for our economies to quickly reconcile funding methods with climate goals. Both the prudential regulation of European finance and the accounting system are still exclusively focused on the prevention of a systemic crisis, which ignores in its sheer definition the climate dimension.

It is, hence, necessary and urgent to reinvest the prudential field to ensure the financing of the green economy and the fight against global warming by including environmentally macroeconomic criteria. More generally, we must stop thinking of environmental problems as externalities of the productive system.

Read morein french 

A Convenient Climate Justice : India’s Ambiguous Position

A Convenient Climate Justice : India’s Ambiguous Position

As the COP21 conference draws closer, India is refusing to follow the open position of China and provide figures on emissions declines. The Environment Minister of India, Prakash Javadekar, admitted that the government’s priority right now is on electricity access and poverty reduction, even though 13 of the 20 most polluted cities in the world are in India. That being said, India’s willingness to modernise its industry and increase the energy potential matched the spirit of the sustainable development goals in some ways, since the country has the ambition to obtain a solar energy capacity of 100GW by 2022. Read more in Frenchin that editorial of Joël Ruet and Sophia Semlali, published in Telos on the 9thof December 2015.

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