Dear Working Group member,
China’s ambition to decentralise and decarbonise its energy supplies is considerably growing. In the context of the 19th National Congress of the Communist Party in Beijing last October, President Xi Jinping called for an “ecological civilization”, pushing the country to transition to alternative energies and become more energy efficient.
This new trend will have repercussions on a series of fronts, starting with China’s dominant position in developing the energy technologies of the future. In addition, China is becoming the world leader in developing green finance
As China is making efforts to transform its economic growth pattern into a more sustainable, green and low-carbon model, a green financial system is likely to be established to stimulate green investment through a full array of financial products and services.
President Xi Jinping endorsed green finance once again in the context of the 19th Party Congress in October 2017. While China’s commitment towards green bonds is rapidly growing, many questions still remain unanswered. Will foreign investors enjoy a level playing field in accessing green finance in China? What range of projects will be financed in this context? Are there any concrete opportunities for European companies in China?
These, and other issues, will be discussed at the next joint WG meeting on 1 June 2018, h 9:30, with Ms Gracie Sun, Senior Advisor at the Paulson Institute and Ms Lingshui Mo, Climate and Energy Policy Expert at the Asian Development Bank.
Agenda:
9:30-9:40, Opening remarks
9:40 – 10:00, Presentation by Ms Gracie Sun, Senior Advisor at Paulson Institute
10:20 – 10:40, Presentation by Lingshui Mo, Asian Development Bank
10:00 – 11:30, Q&A session
As usual, we welcome your suggestions for possible agenda topics and speakers for this and future meetings.