第1章　“一带一路”沿线国家投融资概况

• 1.1　“一带一路”倡议与《2030年可持续发展议程》之间的关系
• 1.2　2013—2018年“一带一路”沿线的投融资趋势回顾
• 1.3　“一带一路”倡议伙伴国家的投融资环境
• 1.4　“一带一路”倡议投融资的机遇和挑战
• 1.5　前进的方向：融合“一带一路”伙伴国家投融资规则

第2章　参与“一带一路”倡议的主要投融资机构

• 2.1　为“一带一路”倡议提供资金支持的主要金融机构
• 2.2　“一带一路”建设主要投融资工具与机制
• 2.3　“一带一路”倡议与全球范围的主要投融资实践对比

第3章　东南亚地区投融资分析

• 3.1　东南亚投融资趋势及背景
• 3.2　东南亚投融资面临的挑战和风险
• 3.3　东南亚可持续投融资的经典案例

第4章　“一带一路”基础设施投融资分析

• 4.1　可持续发展目标与基础设施投融资之间的联系
• 4.2　“一带一路”伙伴国家基础设施投融资趋势
• 4.3　“一带一路”倡议基础设施投资的主要融资机制
• 4.4　“一带一路”基础设施投融资项目案例

第5章　可持续发展的全球投融资规则

• 5.1　环境与社会框架
• 5.2　债务可持续性框架
• 5.3　主要的全球采购原则
• 5.4　与国家优先事项和制度保持一致
• 5.5　可持续风险评估和管理框架
• 5.6　全球规则的实施和最佳实践

第6章　中国“一带一路”可持续发展投融资规则

• 6.1　中国的可持续投融资政策发展
• 6.2　中国“一带一路”可持续投融资
• 6.3　中国金融机构可持续投融资的最佳实践
• 6.4　融合“一带一路”投融资规则对中国投资者的机遇和挑战

第7章　建设协调融合的“一带一路”投融资规则

• 7.1　国际通用投融资规则
• 7.2　采取协调融合规则的优点与益处
• 7.3　融合投融资规则的挑战
• 7.4　“一带一路”投融资规则的原则与能力提升方式

第8章　融合“一带一路”投融资规则的主要建议

• 原则1：尊重“一带一路”伙伴国家现有的制约因素和法律背景，根据联合国可持续发展的环境要求协调环境评估规则
• 原则2：支持共同繁荣并促进参与国的就业增长，以推动减贫和包容发展
• 原则3：促进与国家发展优先事项及计划保持战略一致，并确保项目的经济和社会效益
• 原则4：协调伙伴国家债务可持续性评估的计划和管理系统；加强债务治理的有效性
• 原则5：确保“一带一路”建设项目投融资的全周期可持续性，并建立有效的多层次金融和投资体系
• 原则6：坚持公开透明、标准化、国际化的采购
• 原则7：遵守通行的国际金融风险管理要求，并在整个项目中建立识别和降低风险的框架
• 原则8：通过建立评估机制实施客观严格的项目评估程序，监督项目融资和实施过程的效果
• 结论

附件

• 附件1：“一带一路”投融资问卷调查分析
• 附件2：多边开发银行环境和社会框架对比
• 附件3：可供参考的相关国际公约、协定和准则

Acknowledgement

Foreword Ⅰ

Foreword Ⅱ

Preface

Executive Summary

Abbreviations and acronyms

Chapter 1　Overview of the landscape of BRI financing and investment

• 1.1　Linkages between the BRI and the 20.0　Agenda
• 1.2　Financing and investment trends along the Belt and Road （2013-2018）
• 1.3　Investment and financing environment along the Belt and Road
• 1.4　Opportunities and challenges for investment and financing along the Belt and Road
• 1.5　The role of harmonized standards in the BRI as a way forward

Chapter 2　BRI participating institutions， major financing and investment mechanisms

• 2.1　Main participating institutions in BRI financing
• 2.2　Major financing and investment mechanisms along the Belt and Road
• 2.3　Main investment and financing practices along the Belt and Road in comparison with global practices

Chapter 3　Analysis of investment and financing in Southeast Asia

• 3.1　Investment and financing trends，background context in Southeast Asia
• 3.2　Challenges and risks of investment and financing in Southeast Asia
• 3.3　Best practice of sustainable investment and financing in Southeast Asia

Chapter 4　Analysis of infrastructure investment along the Belt and Road

• 4.1　Linkages between the SDGs and infrastructure financing along the Belt and Road
• 4.2　Major trends in infrastructure investment along the Belt and Road
• 4.3　Major financing mechanisms for BRI infrastructure investment
• 4.4　Cases studies of BRI infrastructure investment projects

Chapter 5　Global investment and financing standards towards sustainability

• 5.1　Environmental and social frameworks
• 5.2　Debt sustainability frameworks
• 5.3　Main global procurement principles
• 5.4　Alignment with national priorities and systems
• 5.5　Sustainable risk assessment and management frameworks
• 5.6　Implementation of global standards and best practices

Chapter 6　Chinese investment and financing standards for sustainable development along the Belt and Road

• 6.1　Sustainable investment development in China
• 6.2　Chinese sustainable investment and financing along the Belt and Road
• 6.3　Chinese best practice in sustainable investment
• 6.4　Opportunities and challenges for Chinese investors for harmonizing investment and financing standards along the BRI

Chapter 7　Toward harmonized standards for the BRI

• 7.1　Taking stock of common norms for investment and financing
• 7.2　The benefits of harmonizing standards for financing and investment practices along the Belt and Road
• 7.3　Potential challenges ahead in harmonizing standards
• 7.4　Fundamental considerations for the harmonization of standards along the Belt and Road，and the Capability Enhancement approach

Chapter 8　Summary and key recommendations for formulating the framework of investment and financing standards along the Belt and Road

• Principle 1: Respecting BRI partner countries' existing constraints and legal setting，harmonize environmental assessment standards in line with the United Nations' environmental requirements for sustainable development
• Principle 2: Support shared prosperity and promote employment in participating countries to support poverty alleviation and balanced development
• Principle 3: Promote strategic alignment with national development priorities and plans and ensure economic and social benefits of projects
• Principle 4: Harmonize programmes and management systems for debt sustainability assessments in BRI partner countries； strengthen debt management to ensure that it is carried out in an effective manner
• Principle 5: Ensure full-cycle sustainability of the financing and investment for BRI projects，and establish an effective，multi-level financial and investment system
• Principle 6: Adhere to openness and transparency in procurement，standardizing，and internationalizing the flow of goods
• Principle 7: Adhere to general international financial risk management requirements and establish a framework for the identification and reduction of risk throughout the entire project
• Principle 8: Implement rigorous and objective project evaluation procedures through the establishment of an evaluation mechanism that monitors progress throughout the project financing and implementation process
• Conclusion

Annex 1　Summary and Mapping of Environmental and Social Frameworks of Multilateral Institutions

• WB-Environmental and Social Framework （ESF）
• IDB-Environment and Safeguards Compliance
• ADB-Safeguard Policy Statement
• EBRD-Environmental and Social Policy （ESP）
• EIB-Environmental and Social Standards
• AIIB-Environmental and Social Framework
• ESF Monitoring & Evaluation Mechanisms

Annex 2　Environmental and Social Frameworks of Selected National Development Banks

• KfW Development Bank （German Development Bank）
• Korea Development Bank （KDB）
• Japan Bank for International Cooperation （JBIC）
• Development Bank of Southern Africa （DBSA）

Annex 3　International Debt Sustainability Frameworks

• World Bank-IMF Debt Sustainability Framework （DSF）
• UNCTAD Principles for responsible sovereign lending and borrowing

Annex 4　BRI investment risk questionnaire，2018

Annex 5　Financing the 2030 Agenda: The Addis Ababa Action Agenda

Annex 6　SINOSURE 2018 Handbook of Country Risk

Annex 7　China's Outbound Mergers and Acquisitions （M&A） and Grant-based Funds

• China's Outbound Mergers and Acquisitions （M&A）
• Grant-based funds

Annex 8　International conventions，agreements and principles relevant to the BRI