Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 22, 2022 erstellt
Beschreibung:
Despite being a Great Power and the world’s largest emitter of greenhouse gases, China’s identity as a developing country has made it reluctant to shoulder formal responsibilities for financing global climate action. Its foreign aid has nonetheless incorporated climate components for over a decade, while the recent emergence of a “green soft power” agenda has led to a pick-up in Chinese financing for climate adaptation and mitigation. Like other “new” donors, however, China does not follow DAC conventions in labelling its foreign aid according to the Rio climate markers, hindering the tracking of its climate finance. To fill this gap, this paper uses Aid Data’s Global Chinese Development Finance dataset to track Chinese overseas climate finance over time and across countries. To address the notorious difficulties in categorizing climate-related projects, I deploy a combination of keyword searches and manual coding methods. Through regression analysis, I then examine the role of recipient needs, strategic motives, and measures of governance in driving climate finance allocations. I find that although it still forms only a small fraction of China’s overseas finance, climate finance is responsive to recipient country needs, in contrast to the political motivations that predominate in China’s broader official finance