ID | 194361 |
Title Proper | Greening China’s Belt and Road Initiative in Malaysia |
Other Title Information | Rhetoric versus Reality |
Language | ENG |
Author | Yean, Tham Siew |
Summary / Abstract (Note) | &KLQDDQQRXQFHGDVKLIWWRZDUGVJUHHQLQIUDVWUXFWXUHJUHHQLQYHVWPHQWDQGJUHHQÀQDQFLQJ at the 2019 Second Belt and Road Forum for International Cooperation in response to criticisms of the negative environmental impact of some earlier BRI infrastructure projects. The objective of this paper is to explore whether there has been a shift in Malaysia towards the new green-aspired goals of the BRI in terms of green governance and projects. The key ÀQGLQJV RI WKLV SDSHU VXJJHVW WKDW WKHUH LV QR GLVFHUQLEOH VKLIW WR JUHHQ SURMHFWV DV QRQ green investments are also accepted. Malaysia has requirements for green governance, but implementation can be an issue. Host economies, like Malaysia, must take ownership of green requirements for there to be a sustained shift towards green governance. Likewise, China’s investments have to comply with local laws, which can improve the environmental impact when local laws and regulations are judiciously implemented. |
`In' analytical Note | Journal of Southeast Asian Economies (ASEAN Economic Bulletin Change the Name ) Vol. 41, No.1; Apr 2024: p. |
Key Words | Malaysia ; Belt and Road Initiative (BRI) ; Green investments ; Governance. |