Chinese Energy Financing in the Western Balkans: From Coal Lender of Last Resort to 'Green Belt and Road'?
Article from: OGEL 4 (2023), in China Energy Law and Policy
Executive summary
Chinese financial institutions have in recent years become a major source of financing for energy infrastructure in the Western Balkans. This financing, delivered under the banner of President Xi Jinping's Belt and Road Initiative, has predominantly supported fossil fuel projects. The six jurisdictions of the Western Balkans are Contracting Parties of the Energy Community, through which they have assumed legal obligations in transposed elements of the European Union acquis communautaire. This article analyses Western Balkan coal projects financed by Chinese institutions from ...