European Climate Foundation
For The Pool-Fund On International Energy (PIE) Project On Greening Hong Kong Capital Markets
-
Amount$175,000
-
Program
-
Date Awarded11/22/2021
-
Term12.0 Months
-
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
Riviervismarkt, Den Haag, 2513 AM, Netherlands
Grants to this Grantee
for general operating support
The European Climate Foundation (ECF) was established in early 2008 as a major philanthropic initiative to help Europe foster the development of a low-carbon society and play an even stronger international leadership role in mitigating climate change. ECF advances policy in the areas of energy, transportation, buildings, low-carbon finance, industry, and energy efficiency. The organization works to develop policy at the local, national, and European Union level. It also supports international efforts to mitigate carbon emissions through the United Nations and G20. (Substrategy: Philanthropic Capacity)
for the Pooled fund on International Energy Asia and Africa programs collaboration
The Pooled fund on International Energy is a philanthropic initiative of the European Climate Foundation working to achieve clean air, a safe climate, and a just transition toward clean energy and steel. It supports partners around the world working internationally and locally, including civil society organizations, research institutions, and think tanks. This grant is to support the fund’s Asia and Africa programs to foster and accelerate just energy transition in the regions. (Substrategy: China National Policy)
for fostering and accelerating Asian and African 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 international climate and energy transition leadership in Africa, especially as it works to address domestic decarbonization priorities, and on trade-related growth in commodities, critical materials, and industrial investment from Asia. (Substrategies: China National Policy and Industry)
