The Multilateral Cooperation Centre for Development Finance (MCDF) is a new, but prospectively important initiative in international development finance, initiated by China at the inaugural Belt and Road Forum in 2017, and now endorsed by eight leading international development banks worldwide. MCDF is a multilateral initiative to increase high-quality infrastructure and connectivity investments in developing economies in compliance with the international financial institution standards applied by accredited implementing partners through information sharing, capacity building and project preparation. It intends to support the implementation of the G20 Quality Infrastructure Principles, the UN Agenda 2030, the Sustainable Development Goals, and the Paris Agreement. Further Information (ENG).
Progress Report on China’s Climate Change Adaptation (2023)
To make a first assessment on the implementation of the National Strategy for Adaptation to Climate Change 2035, China’s Ministry of Ecology and the Environment (MEE) issued a progress report on China’s climate change adaptation on June 2, which systematically summarizes the achievements of China’s adaptation to climate change since 2022.