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Build Back Better World
Build Back Better World (B3W) is an initiative undertaken by the G7. Launched on June 12, 2021, it would provide an alternative to China's Belt and Road Initiative (BRI) for infrastructure development of low- and middle-income countries. The initiative seeks to address the $40 trillion worth of infrastructure needed by developing countries by 2035. The initiative aims to catalyze funding for quality infrastructure from the private sector and will encourage private-sector investments that support "climate, health and health security, digital technology, and gender equity and equality". The initiative builds on the Blue Dot Network, a co-opted collaboration that aims to build a global network through lending-based financing to build roads, bridges, airports, ports, power plants. Standards and principles The B3W efforts are in line with the standards and principles of the Blue Dot Network (BDN), relating to the environment and climate, labor and social safeguards, financing, cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Undersecretary Of State Keith Krach In Cyprus-cropped
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Partnership For Global Infrastructure And Investment
The Partnership for Global Infrastructure and Investment (PGII) is a collaborative effort by Group of Seven to fund infrastructure projects in developing nations based on the trust principles of the Blue Dot Network. It is considered to be the bloc's counter to China's Belt and Road Initiative and a key component of the "Biden Doctrine". History The partnership plan was announced for the first time in June 2022 during the 48th G7 summit in Germany. According to an article by Center for Strategic and International Studies, PGII is the repackaged version of the Build Back Better World (B3W) initiative which President Biden announced at the 47th G7 summit in the United Kingdom. Blue Dot Network The Blue Dot Network (BDN) is a multi-stakeholder initiative formed by the United States, Japan, and Australia to provide assessment and certification of infrastructure development projects worldwide on measures of financial transparency, environmental sustainabi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equator Principles
The Equator Principles is a risk management framework adopted by financial institutions, for determining, assessing and managing environmental and social risk in project finance. It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making. As of March 2021, 116 financial institutions in 37 countries have officially adopted the Equator Principles, covering the majority of international project finance debt in emerging and developed markets. The Equator Principles, formally launched in Washington, DC on June 4th, 2003, were based on existing environmental and social policy frameworks established by the International Finance Corporation. The standards have subsequently been periodically updated into what is commonly known as the International Finance Corporation Performance Standards on social and environmental sustainability and on the World Bank Group Environmental, Health, and Safety Guidelines. The Equator Principles have r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Clean Network
The Clean Network was a U.S. government-led, bi-partisan effort announced by then U.S. Secretary of State Mike Pompeo in August 2020 to address what it describes as "the long-term threat to data privacy, security, human rights and principled collaboration posed to the free world from authoritarian malign actors." Its promoters state that it has resulted in an "alliance of democracies and companies," "based on democratic values." According to the Trump administration, the Clean Network is intended to implement internationally accepted digital trust standards across a coalition of trusted partners. In December 2020, the United States announced that more than 60 nations, representing more than two thirds of the world's gross domestic product, and 200 telecom companies, have publicly committed to the principles of The Clean Network. This alliance of democracies includes 27 of the 30 NATO members; 26 of the 27 EU members, 31 of the 37 OECD nations, 11 of the 12 Three Seas nations as wel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Silk Road Initiative
The New Silk Road Initiative was a United States initiative in the 2010s that aimed to integrate Afghanistan with Central Asia, boosting trade and economic development. Originally developed by the staff of General David Petraeus at the United States Central Command, it was formally announced by US Secretary of State Hillary Clinton in 2011 in a speech in Chennai. However, the initiative never got off the ground. General Jim Mattis cancelled all military funding after Petraeus retired, and the US State Department lacked the funds to implement the projects. The term "New Silk Road" is now commonly used by journalists to refer to China's Belt and Road Initiative. Key projects that were previously linked to the US initiative were later funded by other sources. The CASA-1000 hydroelectricity project is being funded by a consortium led by the International Development Association. The United States contributed 1% of the cost of the project before it pulled out, making it the smallest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georgia (country)
Georgia (, ; ) is a transcontinental country at the intersection of Eastern Europe and Western Asia. It is part of the Caucasus region, bounded by the Black Sea to the west, by Russia to the north and northeast, by Turkey to the southwest, by Armenia to the south, and by Azerbaijan to the southeast. The country covers an area of , and has a population of 3.7 million people. Tbilisi is its capital as well as its largest city, home to roughly a third of the Georgian population. During the classical era, several independent kingdoms became established in what is now Georgia, such as Colchis and Iberia. In the early 4th century, ethnic Georgians officially adopted Christianity, which contributed to the spiritual and political unification of the early Georgian states. In the Middle Ages, the unified Kingdom of Georgia emerged and reached its Golden Age during the reign of King David IV and Queen Tamar in the 12th and early 13th centuries. Thereafter, the kingdom decl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisation For Economic Co-operation And Development
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a Forum (legal), forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are High income economy, high-income economies with a very high Human Development Index, Human Development Index (HDI), and are regarded as Developed country, developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of List of countries by GDP (nominal), global nominal GDP (US$49.6 trill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tallinn
Tallinn () is the most populous and capital city of Estonia. Situated on a bay in north Estonia, on the shore of the Gulf of Finland of the Baltic Sea, Tallinn has a population of 437,811 (as of 2022) and administratively lies in the Harju ''maakond'' (county). Tallinn is the main financial, industrial, and cultural centre of Estonia. It is located northwest of the country's second largest city Tartu, however only south of Helsinki, Finland, also west of Saint Petersburg, Russia, north of Riga, Latvia, and east of Stockholm, Sweden. From the 13th century until the first half of the 20th century, Tallinn was known in most of the world by variants of its other historical name Reval. Tallinn received Lübeck city rights in 1248,, however the earliest evidence of human population in the area dates back nearly 5,000 years. The medieval indigenous population of what is now Tallinn and northern Estonia was one of the last " pagan" civilisations in Europe to adopt Christianit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belt And Road Initiative
The Belt and Road Initiative (BRI, or B&R), formerly known as One Belt One Road ( zh, link=no, 一带一路) or OBOR for short, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 150 countries and international organizations. It is considered a centerpiece of the Chinese leader Xi Jinping's foreign policy. The BRI forms a central component of Xi's "Major Country Diplomacy" ( zh, 大国外交) strategy, which calls for China to assume a greater leadership role for global affairs in accordance with its rising power and status. It has been compared to the American Marshall Plan. , 149 countries were listed as having signed up to the BRI. Xi originally announced the strategy as the "Silk Road Economic Belt" during an official visit to Kazakhstan in September 2013. "Belt" is short for the " Silk Road Economic Belt," referring to the proposed overland routes for road and rail transportation through landlocked Central A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kersti Kaljulaid
Kersti Kaljulaid (; born 30 December 1969) is an Estonian politician who served as the fifth president of Estonia between 2016 and 2021. She was also the first and only female head of state of Estonia since the country declared independence in 1918, as well as the youngest president, aged 46 at the time of her election.Former European auditor Kersti Kaljulaid elected president of Estonia Estonian World, 2 October 2016. Retrieved 3 October 2016. Kaljulaid, a state official who at the time served as Estonia's representative in the , [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Three Seas Initiative
The Three Seas Initiative (3SI or TSI), known also as the Baltic, Adriatic, Black Sea (BABS) Initiative or simply as the Three Seas (Latin: ''Trimarium'', Polish: ''Trójmorze''), is a forum of twelve states, in the European Union, running along a north–south axis from the Baltic Sea to the Adriatic and Black Seas in Central and Eastern Europe. The Initiative aims to create a regional dialogue on questions affecting the member states. In 2016, representatives of those states (Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia) met for their first summit in Dubrovnik, Croatia. At the seventh summit in Riga on June 20, 2022, Ukraine received the status of a partner-participant of the ITM, ''de facto'' becoming a participant in this initiative. Statistics The twelve Three Seas countries cover 29 per cent of the European Union’s territory (1,210,000 km²), are home to 25 percent of the European Union's i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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