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Dai Shihong, General Manager of the Customer Service Management Department of the Export-Import Bank of China: All-round financial services have achieved green energy transformation along the "Belt and Road"

author:China Electric Power News

Achieve green energy transformation along the "Belt and Road" of all-round financial services

——Visited Dai Shihong, General Manager of the Customer Service Management Department of the Export-Import Bank of China

Financial investment is of great significance for energy development. In recent years, the Export-Import Bank of China has provided financing support for a large number of landmark clean energy power projects along the "Belt and Road", strongly supporting the green and low-carbon development of energy in developing countries along the "Belt and Road".

Dai Shihong, General Manager of the Customer Service Management Department of the Export-Import Bank of China: All-round financial services have achieved green energy transformation along the "Belt and Road"

Dai Shihong, general manager of the customer service management department of the Export-Import Bank of China, said in an interview with reporters that in the next stage, the Export-Import Bank of China will continue to play a leading, driving and exemplary role in supporting the main financing banks of the "Belt and Road" construction, deeply practice the concept of green development, focus on supporting the construction of clean energy power projects such as photovoltaic, wind power and nuclear power, and strive to promote the optimization of the energy structure and green transformation of countries along the "Belt and Road", especially developing countries, to make more contributions to the global energy green transformation.

China Electric Power News: Please briefly introduce the work done and the results achieved by the Export-Import Bank of China in the construction of energy and power along the "Belt and Road".

Dai Shihong: Over the years, the Export-Import Bank of China has provided financing support for a large number of landmark clean energy power projects such as the Gochary Photovoltaic Power Station in Jujuy Province, Argentina, the Adama Wind Farm in Ethiopia, the Karachi Nuclear Power Plant in Pakistan, and the Geothermal Power Station in Sumatra, Indonesia, and invested in wind power and photovoltaic projects in Poland, the Czech Republic and other countries through the China-CEEC Investment Cooperation Fund, and strongly supported the green and low-carbon development of energy in developing countries along the "Belt and Road".

As of the end of September this year, the Export-Import Bank of China had 253 projects under implementation in the field of energy and power construction along the "Belt and Road", with a loan balance of 272.873 billion yuan, covering 60 countries or regions along the "Belt and Road". Among them, the total installed capacity of the photovoltaic power plant project in Jujuy Province, Argentina is about 300 MW, and the maximum annual power generation is expected to be about 720 million kWh after being put into operation, which helps to alleviate the tight local power supply and plays an important role in promoting local employment, enhancing people's livelihood and promoting economic and social development.

In addition to providing clean energy and electricity to the Belt and Road countries and regions, the Export-Import Bank of China has also joined hands with all parties to jointly build a green Belt and Road by issuing the White Paper on Green Finance and Social Responsibility, signing the Green Investment Principles for the Belt and Road, and strengthening green financial exchanges and cooperation with multilateral and international financial institutions, so as to promote a higher level and more sustainable mutual benefit and win-win situation.

China Electric Power News: In your opinion, what kind of impact will China's carbon peaking and carbon neutrality work have on the landing of the "Belt and Road" initiative?

Dai Shihong: At present, most developed countries in the world have committed to achieving carbon neutrality by 2050. Except for China, developing countries are less likely to propose specific time nodes for achieving carbon peaking and carbon neutrality.

I believe that as a responsible global power, the proposal of China's carbon peaking and carbon neutrality work goals will first promote the concept of green development into the "Belt and Road" construction, focusing on key areas such as circular economy, low-carbon emission reduction, renewable energy development, and response to global climate change, so as to make the green background of the "Belt and Road" construction stronger and brighter. Secondly, the proposal of this goal will promote the green "Belt and Road" from initiative to practice, from vision to action, and provide Chinese wisdom and Chinese solutions for improving the global governance system, promoting global development cooperation, and jointly building a beautiful earth home.

In this process, the Export-Import Bank of China will actively play the role of a policy bank and help more developing countries along the "Belt and Road" achieve carbon peaking and carbon neutrality through a full range of financial support and services.

China Electric Power News: In order to promote the construction of the "Belt and Road", in the next stage, what energy fields and projects will the Export-Import Bank of China focus on?

Dai Shihong: In the next stage, the Export-Import Bank of China will resolutely implement the important instructions of General Secretary Xi Jinping, give full play to the leading, driving and exemplary role of the main financing banks supporting the construction of the "Belt and Road", deeply practice the concept of green development, learn from internationally accepted excellent experience and practices, optimize financing rules and methods, and serve the construction of a green Silk Road.

Dai Shihong, General Manager of the Customer Service Management Department of the Export-Import Bank of China: All-round financial services have achieved green energy transformation along the "Belt and Road"

In the field of investment, we will focus on supporting the construction of clean energy power projects such as photovoltaic, wind power, and nuclear power, no longer provide financing support for new overseas coal power projects, focus on promoting the optimization of energy structure and green transformation in countries along the "Belt and Road", especially developing countries, actively serve the smooth flow of global green trade, give priority to supporting the import and export of products with international recognition of green labels, promote the green development of industrial structure, and make more contributions to the green transformation of global energy.

Reporters: Wu Mengyao, Li Xinzhi, Liu Qinzhuang

Correspondent: Yang Wenchang

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