China: Expert urges govt. and financial bodies to play better role in environmental governance in overseas investments
"Jin Jiaman, [director of the Global Environmental Institute], suggests ways to improve environmental protection in China’s overseas infrastructure projects after 'green finance’ gets backing from G20 leaders…China’s reputation as a major overseas investor and the credibility of its vast "One Belt One Road" infrastructure plan will suffer unless Chinese firms follow environmental policies…Environmental protection still isn’t a factor in investment and in the decision-making processes for lending on overseas investments. If the company and the funder are going to take environmental protection seriously then environmental standards have to be part of the processes, a condition of approval…"