Natural Resources Defense Council

For Climate Finance In China

  • Amount
    $1,000,000
  • Program
  • Date Awarded
    10/19/2020
  • Term
    24 Months
  • Type of Support
    General Support/Program
Strategies
Overview
While green finance has been rapidly developing in China, most financial institutions have not consciously focused on funding carbon emissions reduction. A key barrier is the lack of tracking climate-friendly projects under the green finance rubric. NRDC has identified policy gaps and engaged pioneering banks and other players in an effort to design climate-friendly investment procedures. NRDC’s advocacy efforts in China will focus on mainstreaming "climate-friendly financing and investment" as an essential part of the country’s green finance concept, and spurring retail banks to use carbon accounting on their financial products to help accelerate the decarbonization of their portfolios. (Substrategy: Climate Finance)
About the Grantee
Grantee Website
www.nrdc.org/ 
Address
111 Sutter Street, Twentieth Floor
San Francisco, CA 94104-4540

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