European Climate Foundation
For The Pool-Fund On International Energy (PIE) Project On Greening Hong Kong Capital Markets
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Amount$175,000
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Program
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Date Awarded11/22/2021
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Term12 Months
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Type of SupportProject
Strategies
Overview
This grant supports the work of the foundation’s Pool-Fund on International Energy (PIE) to bring international climate-friendly financing to Chinese business. PIE is working with other funders and regranters to build an ecosystem of organizations in Hong Kong capable of engaging on bringing a greener sensibility to Hong Kong finance. PIE will work with these organizations to engage Asian companies listed in Hong Kong to have 1.5 C compatible net-zero transitions — including coal transition in utilities and steel — and it will support market regulation in line with international best practices on climate. (Substrategy: China National Policy)
About the Grantee
Grantee Website
www.europeanclimate.org
Address
Neue Promenade 6, Berlin, 10178, Germany
Grants to this Grantee
for fostering and accelerating Asian energy transitions and steel decarbonization
The European Climate Foundation works to foster the transition to a net-zero society to ensure a healthy planet and sustainable living conditions for current and future generations. Its Pooled-fund on International Energy aims to secure a shift in electricity capacity and power systems. This grant will help foster China’s international climate and energy transition leadership in Africa, and accelerate Asian steel decarbonization. (Substrategy: China National Policy and Global Industry)
for transport program
The European Climate Foundation works to foster the transition to a net-zero society to ensure a healthy planet and sustainable living conditions for current and future generations. Its transport program is a critical partner to our zero-emissions transportation strategy. Using a multifaceted approach that advances vehicle standards and charging infrastructure, highlighting the benefits to jobs and health, the foundation’s grantees will work to electrify all European road transport by 2050. (Substrategy: Electrification)
