China strengthens financial support to address climate change
BEIJING - China will enhance financial support for programs aimed to mitigate climate change and reduce carbon emissions, a bright spot of the country's efforts to push forward green finance, according to the country's environment watchdog.
Addressing a forum on green finance, Li Gao, an official with the Ministry of Ecology and Environment, said China will accelerate the construction of related financing policies to address climate change and unveil national standards in this field.
Efforts should be made to launch local climate financing pilot zones, and guide local governments to explore tailored development paths and modes to deal with key climate issues, Li said.
Li also called for strengthening international cooperation in climate financing to promote the implementation of climate-friendly projects abroad.
China introduced a market mechanism to control carbon emissions with a nationwide trading system in December 2017.
- Xi replies to letter from Chinese, US students participating in 'A Shared Voyage: China-US Youth Friendship Program'
- Xi, Surinamese president exchange congratulations over 50th anniversary of ties
- Xi, Austrian president exchange congratulations over 55th anniversary of ties
- Fudan University reveals top 10 scientific and technological advances of 2025
- Shenzhou XXI astronauts complete handover, ready for returning to Earth soon
- Weak safety may have led to mine blast
































