climate
Sep 24, 2020

Promoting Climate Finance Cooperation at the BRI Green Investment Principles Meeting

Sep 24, 2020

On September 24, Dr. Alexander Fisher, Program Director for Climate Change, Environment, and Natural Resources of GIZ China was invited as a keynote speaker at the Second Plenary Meeting of the Green Investment Principles (GIP) for the Belt and Road Initiative (BRI).

The event was organized by the GIP secretariat of the Beijing Institute for Finance and Sustainability and the International Department of the People’s Bank of China. It featured expert keynote speeches by Ms. Zhu Juan, Director General of the International Department of the People’s Bank of China, by Mrs. Jenny McInnes, Senior Civil Servant of the International Climate Finance, Policy and Programme Delivery UK, by Mr. Yaseen Anwar, former Governor of the State Bank of Pakistan.

During his speech, Dr. Fisher underlined the 2060 carbon neutrality goal, which President Xi Jinping recently revealed. He further highlighted that Germany too is working on climate finance and aims to achieve a climate-friendly economy. He concluded with a wish to increase cooperation with Dr. Ma Jun, Co-chair of the GIP Steering Committee, and his team.

Sir Roger Gifford, Co-chair of the GIP Steering Committee, emphasized that the 2020 reporting cycle has performed at a top-level. The annual report indicated methodologies as well as baselines of GIP implementation, and there are only 23 comparable disclosure engagements.

Photo Credit: GIZ

Sino-German Climate Partnership III

Project country
China
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
Duration
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.