World Resources Institute

For The Beijing Congestion Charging Project

  • Amount
    $200,000
  • Program
  • Date Awarded
    11/21/2017
  • Term
    12 Months
  • Type of Support
    Project
Strategies
Overview
The goal of the World Resources Institute’s Sustainable Cities Program in China is to ensure that cities drive economic opportunity, while mitigating pollution, sustaining natural resources, and improving quality of life. China is the largest carbon emitter in the world, and transport emissions are a significant part given the rapid urban and vehicle growth in cities. By 2030, transport will be 33 percent of China’s total carbon emissions. With this grant, the Institute will support the implementation of Low Emissions Zone and Congestion Charging mechanisms in Beijing, and set up a model for replication in more Chinese cities. The instruments will contribute to solve three problems: air pollution, carbon emission, and traffic congestion.
About the Grantee
Grantee Website
www.wri.org/ 
Address
10 G Street, N.E.
Suite 800
Washington, DC 20002-4252
Grants to this Grantee
for the SBTi Finance project  
This work is to further grow the Science Based Targets Initiative, specifically for financial institutions (SBTi Finance). SBTi Finance builds on attributional accounting based on the Greenhouse Gas Protocol’s Corporate Value Chain (Scope 3) Standard. SBTi Finance is a framework for financial institutions to set targets that are aligned with climate scenarios, and that enable an ex-post evaluation of financial institutions’ contribution to real-economy emissions reductions in relation to net-zero targets. The framework includes a set of methods that can be used to set targets, criteria that SBTi will use to assess and validate targets submitted to the initiative, and implementation guidance. (Substrategy: Climate Finance)

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