Climate Adaptation
G-7 Set to Back Green Rival to China’s Belt and Road Program
- The strategy is expected to be called “Clean Green Initiative”
- Initiative to be discussed by G-7 leaders at summit next week
Photographer: Luis Tato/Bloomberg
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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.