Report: G7 plan green alternative to BRI

The G7 countries plan to announce plans for a sustainable alternative to China’s BRI at their summit next week, according to a media report. The strategy, called the Clean Green Initiative, will provide a framework to support sustainable and climate-friendly developments in developing countries, Bloomberg reported, citing two unnamed sources. The initiative will also be on the summit agenda of leaders meeting in Cornwall, UK, next week (June 11-13), they said.