How Does the Green Silk Road Support Global Southern Decarbonization Efforts
The Green Silk Road,an integral component of the Belt and Road Initiative,embodies a commitment to environmental sustainability and cooperation.This initiative showcases resilience and vitality in addressing the pressing need for ecological collaboration worldwide.Participation in the Green Silk Road project offers vital financial,technological,and capacity-building assistance to countries in the Global South,facilitating their transition towards sustainable development.Key elements of the Green Silk Road include green infrastructure,trade and investment,energy cooperation,and the establishment of low-carbon industrial parks,all supported by interconnected corridors and channels serving multiple countries and ports.Leveraging China's expertise in green technology,capital,and equipment,this initiative fosters deep collaboration along the green value chain,culminating in the formation of regional green value chains centered around China.Additionally,the Green Silk Road incentivizes developed nations such as the United States and Europe to increase their investments in green and low-carbon industries in developing countries,thus accelerating the decarbonization process in the Global South.