Promotion of Environmental Risk Screening Tool (ERST) for China’s Overseas Investment

In tandem with China’s growing clout in overseas investment is the rising environmental risk exposure confronting Chinese investors. Faced with such environmental challenges in host countries, China has developed and issued a host of green guidelines designed to improve the environmental performance of its overseas investment. However, these guidelines are mostly voluntary and challenging to implement due to a lack of well-designed tools.

Working in partnership with the International Environmental Cooperation Center (IECC) under the Chinese Ministry of Ecology and Environment, this project aims to develop and promote an environmental risk rapid assessment tool for China’s overseas investment projects. The tool will better equip Chinese actors with the information to filter out projects with high environmental risk at an early stage and therefore reduce the environmental impact in the host countries.

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