ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Asia is the right place for a US 'Green New Deal'

Funding environmentally friendly projects would curb emissions and provide BRI alternative

| North America

As the long American presidential election campaign begins in earnest, the U.S. Congress remains fractured between progressive Democrats pushing what they describe as a "Green New Deal" to battle climate change and Republicans championing increased security spending to address rising Chinese power.

Imagine if the two agendas were merged. Rather than a national Green New Deal, playing off the vast public works program launched by President Franklin Roosevelt in the 1930s, a Development Green New Deal would see the U.S. support projects to curb carbon emissions in emerging economies in Asia and elsewhere. These countries happen to be where China is pouring in resources to build infrastructure, mostly under the umbrella of its Belt and Road Initiative.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more