Project: Sino German Cooperation on Climate Change - Climate Partnership

On 14 March 2024, more than 40 Chinese and German experts, practitioners, and policy makers discussed technical approaches on how to make finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development. The high-level participants included financial regulators, commercial and development banks, rating agencies, academia, global initiatives and think tanks

On 2 December 2023, the side event entitled “From a Germany-China Track 2 Dialogue (T2D) Perspective: China’s and Germany’s Contribution to the Acceleration of the Renewable Energy Expansion in light of the global stocktake” took place at the German Pavilion at COP 28. Zhao Yingmin, Vice Minister of the Chinese Ministry of Ecology and Environment, and Jennifer Morgan, State Secretary of the German Foreign Ministry and Special Envoy for International Climate Action, delivered speeches. This event was jointly hosted by the German Environment Agency (UBA) and the Chinese National Center for Climate Change Strategy and International Cooperation (NCSC), and supported by GIZ.

In order to close the significant financing gaps to achieve the goals of the Paris Agreement and to promote sustainability in the financial sector by integrating ESG factors into investment decision-making, we recognise the urgent need for leading financial professionals to strengthen their expertise on sustainable finance. International expert exchange can play an important role in this regard. To this end, a delegation visit to Germany and Norway was organised by the GIZ-implemented IKI project Sino-German Cooperation on Climate Change – Climate Partnership from 5 to 11 November 2023, which facilitated Sino-European technical exchange of financial market professionals and academia.

A Chinese delegation visited Germany to participate in the seventh steering committee meeting of the Sino-German Track II Dialogue (T2D) on Climate Change and Sustainable Development and other meetings from 23 to 25 October 2023. Hosted by the German Environment Agency (UBA), the steering committee meeting saw exchanges between high-level experts from both countries, led by UBA President Prof Dirk Messner and National Centre for Climate Change Strategy and International Cooperation (NCSC) Director General Prof Xu Huaqing.

On 25 May 2023, Zhongshan Xiaolan Low-Carbon Development & Promotion Center, as the implementation agency of the first IKI Small Grants project in China, hosted

The first phase of the Sino-German Track II Dialogue (T2D) on Climate Change and Sustainable Development, a joint initiative between China and Germany, has concluded successfully, paving the way for its second stage. This significant development was announced at the 6th Steering Committee meeting held in Beijing from 26 to 27 April 2023.