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Interim Workshop of “Study on Beijing Green Finance Development Strategy” was held successfully

The Interim Workshop of “Study on Beijing Green Finance Development Strategy” was held successfully in Beijing on July 4th, 2013. This project is supported by Asian Development Bank (ADB) and undertaken by our company (SCII). Officials and experts from Beijing Municipal Bureau of Financial Work, Beijing Municipal Finance Bureau, National Climate Strategic Studies and International Cooperation, Tsinghua University, Beijing University attended the meeting and provided guidance to the project. As the Implementation Agency, China Beijing Environment Exchange (CBEEX) attended the meeting as well. On the workshop, our company introduced the progress and achievements of the project, including identification of the key factors in the development of carbon market, the feasibility study on establishing carbon finance center in China and policy recommendations for developing Beijing into a carbon finance center. Meanwhile, Experts and officials had an in-depth discussion of the policy recommendations for developing Beijing into a carbon finance center from two perspectives: the carbon trading mechanism construction progress of China and Beijing, and the government decision-making and policy implementation. What’s more, they put forward a lot of valuable opinions and suggestions. The success of the interim workshop has laid a solid foundation for both the improvement of the project outputs and the further implementation of the project tasks.