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

 

Final Workshop on “Study on Beijing Green Finance Development Strategy” was held successfully in Beijing on Dec. 12th, 2013. This project is supported by Asian Development Bank (ADB) and undertaken by our company (SCII). Officials from ADB (the sponsor), Beijing Municipal Bureau of Financial Work (Executing Agency, EA) and China Beijing Environment Exchange (Implementation Agency, IA) attended the meeting. Meanwhile, officials and experts from Beijing Municipal Finance Bureau, National Climate Strategic Studies and International Cooperation, China Clean Development Mechanism Fund of Ministry of Finance, Policy Research Center for Environment and Economy of Ministry of Environmental Protection, P.R. China, Tsinghua University, Securities Times were invited to the workshop.

On the workshop, our company introduced the implementation and achievements of the project in detail. This project is strictly implemented according to the relevant requirements of ADB. After two years of deep and substantial researches, the project has achieved a series of significant research results including the status of international carbon market, key elements of carbon market, potential and challenge of carbon finance development in China, road map and policy recommendations for Beijing to develop into a carbon finance center, etc. Officials and experts fully acknowledged the efforts and achievements of the project, and put forward a lot of valuable opinions and suggestions.

This project has foundational and groundbreaking value for the development of carbon finance in Beijing as well as China, and also has a use for reference to China’s low carbon development.