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 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 support of the Clean Vehicles and Fuels Program
The Natural Resources Defense Council’s biggest strengths are its broad advocacy base and its technical and legal expertise. This grant would support its transport and health programs to reduce environmental impact from vehicles and fuels. The Council’s main goals in the next two years are to advance stronger vehicle emissions standards and clean freight policies, and develop a comprehensive oil campaign, while also defending existing regulations in the United States.
for the Northwest Natural Gas Project
This proposed grant seeks to create a certification program that would allow distribution companies to sell their residential and commercial customers natural gas that has met minimum environmental standards throughout its life cycle, including its extraction. Funding for the first phase of this project, headed by the Natural Resources Defense Council and the Northwest Natural Gas Distribution Company, will support efforts to set the standards and bring in more natural gas distribution companies. The project’s second phase will involve designing a mechanism to track gas much like Renewable Energy Certificates