Shanxi to build 121 climate investment and financing projects
Updated: 2024-05-29
A total of 121 climate investment and financing projects in five cities in North China's Shanxi province were included in the project library of the Climate Investment and Financing Project Collection and Reserve Seminar of the Central Shanxi Urban Agglomeration on May 28.
The five cities are Taiyuan, Jinzhong, Xinzhou, Lyuliang, and Yangquan, and the included projects fall into two categories, namely, climate change mitigation projects and climate change adaptation projects, covering eight systems involving the low-carbon industrial system, low-carbon energy, carbon capture, utilization and storage, and control of non-energy greenhouse gas emissions. Furthermore, 26 sub-industries such as the low-carbon industry, low-carbon agriculture, and low-carbon transportation are also included.
The Shanxi Central Urban Agglomeration Climate Investment and Financing Alliance initiated by Taiyuan was officially established at the climate investment and financing parallel forum of the 2023 Taiyuan Energy Low Carbon Development Forum.
The five cities jointly are building a project library to ensure that major projects meet climate investment and financing standards in each city, so as to promote the effective implementation of climate friendly major projects and the sustainable development of climate friendly enterprises.
During the seminar, each member city strove to ensure that more of its projects meet the standards for being included in the project library, aiming to create a Shanxi model for providing financial support for green, low-carbon, and high-quality regional development.