Cooperative carbon emission reduction through the Belt and Road Initiative

Carbon emission reduction under the Belt and Road Initiative has great significance on China’s goal of carbon peak. To better promote carbon emission reduction, based on the background of the Belt and Road Initiative, this paper analyzes the collaborative carbon emission reduction through investment...

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Veröffentlicht in:Environmental science and pollution research international 2022-02, Vol.29 (7), p.10005-10026
Hauptverfasser: Mao, Xiangyu, Wang, Ying
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creator Mao, Xiangyu
Wang, Ying
description Carbon emission reduction under the Belt and Road Initiative has great significance on China’s goal of carbon peak. To better promote carbon emission reduction, based on the background of the Belt and Road Initiative, this paper analyzes the collaborative carbon emission reduction through investment between Chinese enterprises and local enterprises in developing countries along the Belt and Road Initiative. Considering the efforts of enterprises in carbon reduction, low-carbon infrastructure investment, and promotion of low-carbon products, this paper constructs a differential game model of collaborative carbon reduction cooperation between Chinese enterprises and local enterprises in developing countries along the Belt and Road Initiative. By horizontally comparing Nash non-cooperative mode, Stackelberg master-slave mode, and cooperative mode, the results shows that Chinese enterprises can encourage local enterprises in developing countries along the Belt and Road Initiative to coordinate carbon emission reduction through subsidies, which is Stackelberg master-slave mode. Under the cooperative mode, with the maximum carbon emission reduction efforts of both parties, the total benefit of carbon emission reduction reaches the optimal Pareto equilibrium. In addition, this paper also discusses the influence of related factors on the benefits of carbon emission reduction.
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subjects Aquatic Pollution
Atmospheric Protection/Air Quality Control/Air Pollution
Carbon
China
Collaboration
Developing countries
Differential games
Earth and Environmental Science
Ecotoxicology
Emission analysis
Emissions control
Environment
Environmental Chemistry
Environmental Health
Environmental science
game theory
infrastructure
Investments
LDCs
Parametric statistics
Research Article
Roads
Waste Water Technology
Water Management
Water Pollution Control
title Cooperative carbon emission reduction through the Belt and Road Initiative
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