Building Energy Efficiency and Green Development Fund Launches First Projects

Source: Link

(Original source The Paulson Institute)

“The Paulson Institute joined the Office of the Central Leading Group for Financial and Economic Affairs on June 16 to witness the signing of the first letters of intent for projects to receive funding from the Building Energy Efficiency and Green Development Fund. The Paulson Institute has served as a non-commercial advisor to the fund, given its commitment to promoting more green development to reduce carbon emissions that lead to climate change, particularly in the buildings sector.

This fund, conceived in the lead up to President Xi Jinping’s 2015 visit to the United States and, most recently, announced as an important deliverable for the annual U.S.-China Strategic & Economic Dialogue, aims to provide financing to bring innovative technologies from the United States to China to help reduce building-energy emissions. As buildings account for 40% of total global carbon emissions, this U.S.-China fund aims to support China’s efforts to implement its ambitious climate change agenda. The confirmed initial capitalization is no less than 20 billion yuan ($3.05 billion.)”

Click here to read more

Relevant and recent posts

Peter Zeihan: Longshoreman on Strike, US Ports Get Shut Down

To host Peter Zeihan for a speaking opportunity, contact Worldwide Speakers Group. Back to the picket lines we go…this time with the longshoreman. Ports across…

Thought Leader: Peter Zeihan

Michael Osterholm: ‘I Don’t Know’ Is the Best Weapon Science Has Right Now

When Covid hit the US and many public health experts were trying to act strong and confident, epidemiologist Michael Osterholm took a different approach. Asked…

Thought Leader: Michael Osterholm

Lance Armstrong: Chris Stapleton on His Path Through the Music Industry & His Competitive Spirit

Lance Armstrong sits down with award-winning country singer-songwriter Chris Stapleton to explore his beginnings as a songwriter, his competitive spirit, performing at ACL Live, the…

Thought Leader: Lance Armstrong