CDP North America
For Advancing SBTi To Drive Long Term Chinese Corporate And Financial Investors Emissions Reduction
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Amount$225,000
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Program
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Date Awarded10/12/2021
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Term8 Months
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Type of SupportProject
Strategies
Overview
CDP’s Net Zero Incubator is working to accelerate China’s industrial and financial sectors’ low-carbon actions. This project will be carried out in two phases, for the first six to eight months, CDP will undertake a scoping study with the Hong Kong stock exchange to assess barriers faced by publicly listed Chinese companies in setting science-based targets (SBT); identify levels of support companies are seeking; and determine the ideal structure, feasibility, and funding model for an effective net-zero incubator to facilitate significant emissions reductions by the Chinese targeted companies. Phase two the project will use the remaining four to six months to implement recommendations from phase one. (Substrategy: China National Policy)
About the Grantee
Grantee Website
www.cdp.net
Address
127 West 26th Street, Suite 300, New York, NY, 10001, United States
Grants to this Grantee
for China policy advocacy and research for international carbon disclosure standard
This grant will support CDP to work with Chinese stakeholders in developing clear, aligned regulations for environmental impact disclosure, in order to mobilize industry and financial institutions in accelerating decarbonization policy implementations. (Substrategy: China National Policy)
