Green Silk Road: Modern Features And Development Prospects

Abstract

The past 2020 has become a test time for all countries of the world. Sustainable development is given particular importance. Reduced production, global lockdown, threat to life and health of people, narrowing of international economic relations - all this has become a serious challenge for society and governments around the world. Today the professional community should take a particularly careful and balanced approach to ensuring the security and stability of the development of states and economies. Environmental issues must be given special attention. In this sense, one of the drivers of green development is the Green Silk Road (GSR) project initiated by China in the framework of "One Belt, One Road" project. The article defines the main directions of the GSR development in the post-pandemic world. To achieve this goal, the article describes the platform created to date for joint cooperation between countries in the field of environmental protection. The factors of project development are highlighted, in particular, the role of digital support for green development is emphasized. Based on the analysis of the impact of the pandemic on the construction of the Green Silk Road, both threats and opportunities for the implementation of the initiative were identified. The findings about the high potential of the GSR and the availability of appropriate resources allow us to speak about the intensification of work on the implementation of projects in the field of green trade, green investments and green finance.

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This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

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Publisher

European Publisher

First Online

25.09.2021

Doi

10.15405/epsbs.2021.09.02.223

Online ISSN

2357-1330