Follow CGSP on Social Media

Listen to the CGSP Podcast

Kenya Hosts Climate Summit With Hopes of Debt Restructuring, Green Financing and China’s “Small or Beautiful” Impact on Energy Access

A worker walks past an Africa Climate Summit logo during preparations ahead of the Africa Climate Summit 2023 at the Kenyatta International Convention Centre in Nairobi, Kenya on September 2, 2023. Luis Tato / AFP

A Chinese delegation led by their Minister of Environment, Huang Runqiu, is in Kenya for the inaugural Africa Climate Summit (ACS) kicking off today and which will be used as a platform to discuss green financing and debt, among other highlights.

Premised on driving green growth and climate finance solutions for Africa and the world, the summit comes at a time when a significant drop in Chinese financing shows a different model from over two decades ago when project funding was flowing in the billions. The current decline is attributable to China’s “Small or Beautiful” approach, especially in the Belt and Road Initiative and also the challenges some recipient countries have with their debt management.

Lead the Conversation on China

Subscribe Today to Get Full Access to The China-Global South Project

Check Out Everything You'll Get With Your Subscription

The China-Global South Daily Brief delivered to your inbox at 6AM Washington time

Full access to exclusive news and analysis from editors based in the Global South

Transcripts of CGSP’s twice-weekly podcasts

Students and teachers with a valid .edu email address are eligible for a 50% discount off monthly or yearly subscriptions. Email us to receive a discount code.

What is The China-Global South Project?


The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.


A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.