NRDC
For Mobilizing Retail Banking Capital For Climate Solutions In China
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Amount$750,000
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Program
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Date Awarded11/21/2019
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Term12.0 Months
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Type of SupportProject
Overview
NRDC’s China Program aims to better define climate finance within China’s green finance policy framework, encourage financial institutions and fintech companies to pioneer concrete climate finance efforts, and begin to raise public awareness of climate-friendly consumer behaviors via retail banking.
About the Grantee
Grantee Website
www.nrdc.org
Address
40 West 20th Street, 11th Floor, New York, NY, NY, 10011, United States
Grants to this Grantee
for leveraging finance to decarbonize industrial sectors in China provinces
NRDC’s mission is to safeguard the earth — its people, planet and animals and the natural systems on which all life depends. This supports NRDC to help leverage transition finance to decarbonize heavy industrial sectors at the Chinese provincial level. (Substrategy: China National Policy)
for China’s equitable low-carbon transition
To support NRDC in promoting a subnational clean energy transition in Jiangsu Province. The project will reduce Jiangsu’s coal demand by growing local renewable energy development, and advance mechanisms to increase cross-provincial and cross-regional new energy development. (Substrategy: China National Policy)