Background

To encourage the active participation of diversified actors in international cooperation pursuant to the Belt and Road Initiative, promote the building of an open world economy and contribute to the recovery of the world economy, improve global governance and achieve sustainable development, The International Finance Forum (IFF) and the Silk Road International Association (SRIA) initiated the Belt and Road International Cooperation Award in 2024. The objective of the award is to reward organizations and innovative projects around the world that actively engage in all types of international cooperation in line with the Belt and Road Initiative. This award, which leverages SRIA's global resources, with the Silk Road spirit of  ‘peace and cooperation, openness and inclusiveness, mutual learning and mutual benefit,’ will promote the strengths of the international community, the global market, and diversified actors to achieve the United Nations Sustainable Development Goals (SDGs) in the light of the overall interests and wellbeing of humankind.

The Belt and Road International Cooperation Award targets applicants promoting policy coordination, road connectivity, unimpeded trade, currency convertibility, and closer people-to-people ties (a five-pronged approach) via international cooperation; offering innovative solutions to poverty eradication, infrastructure development, transformation and upgrading of economic growth, combating environmental pollution, and addressing climate change to achieve sustainable development. It sounds a global call for innovations and application practices for the recovery of the world economy, improvement of global governance, and achievement of sustainable development.

The first Belt and Road International Cooperation Award is officially launching its global call on May 30, 2024. The award ceremony will be held during the IFF Annual Meeting and SRIA Summit on November 24, 2024.

Salient features of the 2024 awards


Participation in high-level dialogue:

  • One representative of the winner will be eligible to attend the 2022 IFF Annual Meeting, a high-level dialogue platform in global finance;
  • Medal and certificate from IFF.

Accreditation by authorities:

  • The Jury is composed of distinguished leaders and scholars from the global economic and financial realms.

Attention from key stakeholders:

  • Face to face communication with prominent figures in global green finance;
  • Winners are revealed and propagated in the IFF Global Annual report.

Significant international influence:

  • Reports and publicity in global mainstream media will improve the winner’ green finance credentials, and enhance brand image and popularity.

Goals and Principles

The Belt and Road International Cooperation Award is conducted with the goals of encouraging and attracting the participation of more diversified institutions from different sectors, while ensuring the quality and standards of the awards. It also aims to increase the proportion of international institutions and projects in applicants and award-winners, and strengthen the international influence of the awards so as to advance the achievement of the ‘five-pronged approach’ and the SDGs in a wider range of fields.

Based on the above goals, the following principles are proposed for the Belt and Road International Cooperation Award:

1. Building on the Silk Road Spirit - ‘peace and cooperation, openness and inclusiveness, mutual learning and mutual benefit,’ with the core framework of the award, including the purpose, features, selection process, and evaluation indicators remaining essentially unchanged. Maintain rigorous review through the whole application process to ensure the authority, fairness, and representation of the awards.

2. Encourage the participation of projects covering multiple industries and involving cross-industry collaboration, and attract a wider range of industry institutions, solutions, and practical cases for participation.

3. Improve the level of internationalization. Encourage participation in the selection by multiple entities from different countries around the world.

4. Be pragmatic, rigorous, and innovation-driven. Balance between innovation and replicability, economic benefits and social impact, while taking into account the differences between regions, industries, and stages of development.

Info

  • Award Features
  • Eligibility Criteria

    The Award will grant to the implementing entities that have significant achievements in the Belt and Road international cooperation, especially those that have made outstanding contributions in promoting policy coordination, road connectivity, unimpeded trade, currency convertibility, and closer people-to-people ties. (Maximum 10 winners)

  • Belt and Road International Cooperation Award: 10 winners

    Any institution that is involved in the international cooperation of the Belt and Road Initiative is eligible to apply for the Awards, including public and private sectors from different industries, as well as government agencies and non-profit organizations. Applicants must meet the following criteria:

  • The applicant must have been founded/registered for no less than three years as of the award application start date and must have no record of illegal or non-compliant behavior within the past three years.

  • The applicant and its project must have made actual economic, environmental, or social impacts in implementing the ‘five-pronged approach’ to international cooperation. No threshold is set for the scale of the project and the scale of its economic, environmental, or societal impacts.

  • Participating projects should be unique and innovative, but their scale and their economic, environmental, and social impact is not limited.

Timeline

Application Form Download

Evaluation Indicators