Aug 19, 2020

Green/Climate Finance Roundtable

Aug 19, 2020

On August 19, Sino-German Climate Partnership (SGCP) successfully organized an expert exchange event on green finance at the German Embassy. Around 20 experts from different sectors participated in the roundtable talk, including participants from Tsinghua University, Greenovation Hub, Deutsche Bank China, Chinese Academy of Sciences, Greenpeace, Green Finance Institute, UN Environment, Carbon Disclosure Project (CDP) and GIZ.

During the exchange, Mr. Cheng Lin from Tsinghua University presented the experiences, lessons, and outlook for green finance development in China. He gave an overview of the Green Finance Policy Framework and Market Development in China, followed by the National Taxonomies for Green Financial Assets, the introduction of pilot projects, and regulatory policies for green finance as well as international initiatives and collaboration. Ms. Sabrina Zhang from CDP presented financial institutions and private investors’ role to enhance green finance in China. Mr. Samuel Fischer from Deutsche Bank China introduced the potentials of the recent opening of the Chinese financial market to international investors. After the presentations of three speakers, all participants joined a fruitful discussion.

To further the discourse on cooperation potentials on green / climate finance, the SGCP project held a bilateral meeting with Mr. Cheng Lin from Tsinghua University and Ms. Bai Yunwen and Ms. Guo Hongyu from Greenovation on September 25 and decided to plan a roundtable with experts to examine the proposed transition bonds developed by the People’s Bank of China.

Photo Credit: GIZ

Sino-German Climate Partnership III

Project country
Political Partners
German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU); Ministry of Ecology and Environment of the People's Republic of China (MEE); National Energy Administration of the People's Republic of China (NEA)
Implementation Partners
Energy Research Institute of the National Development and Reform Commission of the People's Republic of China
09/2017 – 09/2020

Germany and China signed the Memorandum of Understanding on Cooperation in Combatting Climate Change and initiated this bilateral dialogue as "Sino-German Climate Partnership". The project has been established to support the cooperation between the German Ministry of Environment, Nature Conservation and Nuclear Safety (BMU) and the Chinese Ministry of Ecology and Environment (MEE). The new phase of the project starts in 2018 with close alignment to the restructuring at the Chinese government. In this phase, the project aims to advance the policy dialogue and cooperation with the Chinese partners domestically as well as within the international context of climate change. Part of the work will be supporting the development and implementation of China's medium- and long-term low-carbon development strategies, hence by supporting the Chinese government in strengthening the climate governance system. Domestically the SGCP project supports the policy dialogue on climate change (Sino-German Working Group on Climate Change) and enhances the exchange of German experiences and best practices, this includes strengthening capacities for the development of integrated climate and energy action plans as well as adaptation concepts for cities. On international level the SGCP project enhances the knowledge of both patterns about best practices in regard of climate policies and their implementation. For new cooperation topics identified by the Working Group on Climate Change, the project acts as an incubator for IKI development. As interface for information management, it serves a as a hub for exchange between partners of the IKI within and outside China, especially within the UNFCCC process.