China Pakistan Economic Corridor and Sustainable Environment: Development, Impacts, and Policies

Abstract

China Pakistan Economic Corridor (CPEC) is very significant project owing to its development in Pakistan and China. It is evident that this project is promoting sustainable development in both countries in many ways. The objective of this research paper is to study about the sustainability of CPEC in adopting the environment related initiatives. It has been argued that CPEC is a difference maker in terms of improving infrastructure, protecting environment and boosting of the trade between Beijing and Islamabad. That is why, both nations have adopted multi-dimensional initiatives to save the environment. However, there is need to improve this process. Still there are many environmental challenges to this significant project. Considering the development under this project both Pakistan and China aspire to engage in clean energy cooperation to ensure sustainable environment. Both countries need to formulate guidelines and protocols for a green investment project roadmap to address the challenges of sustainable environment which are still missing at the policy level. By employing qualitative methods based on research material from secondary sources, this research aims to study the initiatives taken by Pakistan to make CPEC an eco-friendly and environmentally sustainable project. This is evident that CPEC project experience moderate but short term environment challenges due major infrastructure reforms. Furthermore, these environmental challenges are stern and can create hindrance in economic development for Pakistan and China if certain environmental regulations could not be adopted. This paper recommends that both states needs to adopt concrete, composite, bilateral environmental cooperation for the sustainability of CPEC project for durable time frame.