Islamic Finance

G-7 set to back green rival to China’s Belt and Road program


Photo via Bloomberg

Published 01 Jun,2021 via Bloomberg Politics & Policy - The Group of Seven nations plans to launch a green alternative to China’s Belt and Road initiative when the leaders meet at a summit next week, according to two people familiar with the matter.

The strategy, expected to be called the “Clean Green Initiative,” would provide a framework to support sustainable development and the green transition in developing countries, the people said. The initiative will also be on the summit agenda for the leaders.

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tags:

Sustainable development
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Alberto Nardelli