Climate and Finance Policy Centre

conducts research on China-relevant issues in climate, energy and sustainable finance with a global perspective. We promote effective policy-making and implementation and support public participation and stakeholder involvement in the process, to foster a positive transition to a low carbon economy, and a sustainable and equitable development model that is climate resilient and has a reduced global ecological footprint.

About Us

Development Finance VII—The Update on AIIB Progress Ⅱ- Cooperation Partner • Inaugural Projects • Safeguard Framework

This alert presents information on its first batch of projects, a brief analysis of the final Environmental and Social Framework, as well as commentaries from stakeholders including civil organizations, scholars and commercial bank managers, concentrating on the three standards – “financially sustainable, environmentally friendly and socially acceptable”.

China Climate Policy Group(CPG)

China’s Climate Policy Group (CPG) is a self-learning and sharing scheme set up by like-minded Chinese NGOs in 2011. G:HUB, as one of the initiating organizations, has been coordinating monthly meetings from the very beginning.We invited experts from across different sectors to share and discuss issues related to climate and energy, build up the capacity of Chinese NGOs and foster a sustainable learning scheme. G:HUB helped the network to gain increased access to the latest international policies and better understand of the climate negotiation progress. The CPG network is lively with debates and discussions, driving NGOs to keep learning and developing their capacities.

From Hangzhou to Hamburg – Green Finance in the G20 Enhancing G20’s contribution to promoting the role of green and development finance in sustainable development

This paper summarizes key issues related to the role of green and development finance in fostering sustainable, low-carbon and climate resilient development that were discussed during a multi-stakeholder workshop on August 22nd 2016 in Shanghai, China. It outlines recent green finance initiatives taken by the Chinese government, including during its 2016 G20-presidency, and suggests concrete steps for the incoming German G20-presidency to further that work.

Green Financing for “The Belt and Road” Initiative: Overseas Environmental and Social Risk Management of Financial Institutions

China launched “The Belt and Road Initiative”, aiming at promoting the interconnection and extensive cooperation in economic and trade, infrastructure, finance, culture and other aspects among the countries, especially the developing countries along “the Belt and Road”, helping them to achieve independent, balanced and sustainable development. Due to the vulnerable ecological environment, the most important risk requiring attention and managment is environmental risk of investment projects of the countries and regions along “the Belt and Road”. It is the key challenge to the success of construction and investment in “Belt and Road” regions and sustainable development of the countries along “the Belt and Road”, so it needs multilateral development banks and financial institutions of countries to build capacity and deepen the cooperation in knowledge and banks’ policies development.

Development Finance VIII — the NDB and Sustainable Development

This issue probes into the investment priorities and governance model of the NDB by focusing on the appointment of management personnel, cooperation partnerships, first batch of projects and operational policies. Discussed in the current issue are also the ways that the NDB achieves responsible investment and promotes sustainable development, by introducing the environmental and social policies of Multilateral Development Banks(MDBs).

Greenovation Hub: Opportunities for China’s energy transition during the 13th Five-Year Plan

On March 16th, 2016, “the 13th Five-Year Plan for National Economic and Social Development (The Plan),” the longest plan ever, was approved by the Fourth Session of the Twelfth National People’s Congress. The Plan demonstrates China’s determination to achieve low-carbon prosperity through accelerating its clean energy transformation.

Greenovation Hub: Opportunities for China’s energy transition during the 13th Five-Year Plan

On March 16th, 2016, “the 13th Five-Year Plan for National Economic and Social Development (The Plan),” the longest plan ever, was approved by the Fourth Session of the Twelfth National People’s Congress. The Plan demonstrates China’s determination to achieve low-carbon prosperity through accelerating its clean energy transformation.

How to interpret China’s revision of energy data?

China revised its energy data after its 3rd national economic census has generated discussions at home and abroad about its implications for China’s carbon emission, climate targets as well as Paris climate talks at the end of the year. Chinese local NGO Greenovtiaon Hub shares its understanding of the revision

Greenovation Hub’s response to the China-US Joint Presidential Statement on Climate Change

On 25th September, 2015, during Chinese President Xi’s State Visit to Washington, D.C., China and the United States announced a joint presidential statement on climate change. Greenovation Hub made following response.

China’s Water-Energy-Food Roadmap

To deepen dialogues and highlight potential solutions on the water-energy-food confrontations in China, the China Environment Forum began a partnership with Greenovation Hub to organize the first China Water-Energy Team (China WET) exchange in August 2013. During the week-long exchange, the team participated in six closed and two public roundtable discussions in Beijing with Chinese government research institutes, think tanks, environmental NGOs, universities, and businesses. This Roadmap captures insights from the China WET exchange and numerous in-depth interviews with Chinese and U.S. environmental and energy practitioners.

Interpretation and Analysis of Intended Nationally Determined Contributions Submitted by Switzerland and the EU

The submission of Intended Nationally Determined Contributions (hereafter referred to as INDC), has received global attention. Greenovation Hub has summarized and analyzed the submitted INDCs, and will continue to track the submission progress of other Parties before COP 21.

China Climate Policy Group 2014 Briefing

A review of capacity building, cross-sectoral dialogue and joint responses in 2014; looking forward to 2015 and beyond.

Climate Equity II—Countries’ Differentiation in the Paris Climate Deal

This report aims to present two proposals on countries’ differentiation for further discussion. During COP21, equity has garnered increasing attention from various parties. During the current negotiation, countries could present detailed explanation on the equity of their proposed INDCs, including elaboration on the correspondence between national circumstances and their commitment to emission reduction. Building on the existing research of others and Greenovation Hub’s understanding of climate equity, this paper also presents two classification proposals for further discussion.

Greenovation Hub responds to China’s INDC

China has submitted its Intended Nationally Determined Contributions (INDC) to the Secretariat of UNFCCC on June 30, 2015. By far, 44 countries have submitted their INDCs, and the three largest emitters-China, the USA and the EU-have all submitted their INDCs.

An NGO Review of China’s Carbon Market, 2013

2013 witnessed the first moves in exploring and operationalizing carbon pricing in China, with the launch ofChina’s first carbon trading pilots. Drawing from the existing experiences around the world, G:HUB set out toestablish a multi-dimensional assessment framework to evaluate the performance of China’s carbon market. Theframework consists of four aspects, including scheme design, scheme implementation, market performance,transparency and stakeholder engagement. Specific indictors are applied in each aspect to analyze and evaluatethe operation of carbon trading. The Report summarizes the publicly available information related to the sevenpilots and China’s voluntary emissions market up to November 2013, analyses the risks and challenges faced bythe Chinese carbon market, and provides insights and recommendations.

Appeal letter to CBRC by Chinese Environmental NGOs:Reject the proposal to establish the China Coal Bank

We are 51 Chinese non-governmental environmental protection organizations. We have been actively following Chinese banks’ environmental and social responsibility performances and their national “Green Credit” policy implementation. Recently there has been wide media coverage on the China Coal Bank, which is jointly founded by 15 coal enterprises. We have paid close attention to this and want to express our concerns.

Advancing Sustainable and Accountable Finance: National Development Banks and their Emerging Role in the Global Economy

The emergence of national development banks from BRICS countries may suggest the rise of potential alternatives to the “Washington consensus” model of economic development. But what, precisely, is the development model being promoted by BRCIS-based national development banks, and will it lead to more sustainability, accountability and stability?

Greenovation Hub Opposes EU’s Imposition of Preliminary Anti-dumping Tariffs on Imports of Chinese Solar Photovoltaic Products

In late 2012, the U.S. and the EU launched “anti-dumping” and “anti-subsidy” investigations into solar productions imported from China. The continuous investigations have intensified the trade disputes regarding renewable energy between China and related countries. G:HUB made a quick response to the issue by analyzing the impacts of EU’s “anti-dumping” investigations into China.

Development Finance VIII — the NDB and Sustainable Development

This issue probes into the investment priorities and governance model of the NDB by focusing on the appointment of management personnel, cooperation partnerships, first batch of projects and operational policies. Discussed in the current issue are also the ways that the NDB achieves responsible investment and promotes sustainable development, by introducing the environmental and social policies of Multilateral Development Banks(MDBs).

Development Finance VI — Grievance Mechanism and Governance of Environmental and Social Impacts by Development Financial Institutions

A grievance mechanism is a formal, legal or non-legal (or ‘judicial/non-judicial’) complaint process that can be used by individuals, workers, communities and/or non-governmental sectors that are negatively affected by commercial activities. This issue will focus on the background, significance and international precedents of grievance mechanism setup to make it more accessible and further promote the practice of newly-established development financial institutions in setting up grievance mechanism.

Response to the Establishment of Asian Infrastructure Investment Bank

On December the 25th, 2015, 17 prospective founding nations, jointly holding 50.1% of the total shares, have approved the Articles of Agreement of the Asian Infrastructure Investment Bank and submitted approval letters. Thus, AIIB was formally established. Greenovation Hub responds to the establishment of AIIB by offering suggestions on the Environmental and Social Framework of AIIB.

China’s green finance policy should support coal consumption reduction

China should develop a comprehensive set of financial policies to limit investment in coal mining and coal-related industries and expand investment in clean energy and renewable energy in order to promote its energy transition and the peaking of coal consumption at 4.0 – 4.2 billion tons before 2020, according to a new study released today by the People’s Bank of China Research Institute and Greenovation Hub as part of the China Coal Cap Project, a joint initiative of academic, governmental and non-profit researchers.

NGOs Green Finance Working Session

12th August 2014, NGOs Working Session on Green Finance was been held in Greenovation Hub Beijing Office. 17 specialists from 13 NGOs attended the meeting. Green finance has been one of the main focuses of environmental NGOs. To enhance the communication and strengthen cooperation, GHUB coordinate and organized this discussion.

“Financial Perspectives on a Coal Consumption Cap” Project Launch Meeting

11th August 2014,“China Coal Consumption Cap Plan and Policy Research Project – Finance Project” is officially launched. As the largest coal consumption country in the world, China is suffering not just multiple domestic pollutions such as haze, but also the carbon emissions reduction pressure from the rest of the world. Finance as one of the most effective means of control, has a long term significance on China total coal consumption control. Greenovation Hub cooperates with People’s Bank of China Financial Research Institute and China Banks Regulatory Commission official launch “Financial Perspectives on a Coal Consumption Cap” project. It aims to develop a deep discussion on reaching the national coal consumption cap via the financial instrument.

Development Finance VIII — the NDB and Sustainable Development

This issue probes into the investment priorities and governance model of the NDB by focusing on the appointment of management personnel, cooperation partnerships, first batch of projects and operational policies. Discussed in the current issue are also the ways that the NDB achieves responsible investment and promotes sustainable development, by introducing the environmental and social policies of Multilateral Development Banks(MDBs).

Development Finance VI — Grievance Mechanism and Governance of Environmental and Social Impacts by Development Financial Institutions

A grievance mechanism is a formal, legal or non-legal (or ‘judicial/non-judicial’) complaint process that can be used by individuals, workers, communities and/or non-governmental sectors that are negatively affected by commercial activities. This issue will focus on the background, significance and international precedents of grievance mechanism setup to make it more accessible and further promote the practice of newly-established development financial institutions in setting up grievance mechanism.

Response to the Establishment of Asian Infrastructure Investment Bank

On December the 25th, 2015, 17 prospective founding nations, jointly holding 50.1% of the total shares, have approved the Articles of Agreement of the Asian Infrastructure Investment Bank and submitted approval letters. Thus, AIIB was formally established. Greenovation Hub responds to the establishment of AIIB by offering suggestions on the Environmental and Social Framework of AIIB.

NGOs Green Finance Working Session

12th August 2014, NGOs Working Session on Green Finance was been held in Greenovation Hub Beijing Office. 17 specialists from 13 NGOs attended the meeting. Green finance has been one of the main focuses of environmental NGOs. To enhance the communication and strengthen cooperation, GHUB coordinate and organized this discussion.

Selected Works of the Climate and Finance Policy Centre,Greenovation Hub,2013

CFC conducts research on China relevant issues with a global perspective…

Appeal letter to CBRC by Chinese Environmental NGOs:Reject the proposal to establish the China Coal Bank

We are 51 Chinese non-governmental environmental protection organizations. We have been actively following Chinese banks’ environmental and social responsibility performances and their national “Green Credit” policy implementation. Recently there has been wide media coverage on the China Coal Bank, which is jointly founded by 15 coal enterprises. We have paid close attention to this and want to express our concerns.

Lessons learnt from the United States in PM 2.5 pollution control

2013年的春季,雾霾天气笼罩中国中东部大部分地区,雾霾影响人的健康、生产生活与经济发展。上世纪七十年代以前,严重的空气污染也曾困扰工业化进程中的美国。美国是如何治理空气污染的,经验和教训值得中国借鉴。

煤炭工业区考察随记 — 煤、水消耗、污染、和发展

这个荒漠中靠矿产伫立起的新兴城市,有着30余的发展历史, 50多万人口居住在这里,很多人是在二三十年前支边过来的。车行驶在市中心,街道两旁鲜亮的商业建筑有序建起,街道整洁绿植林立,有着南方城市的几分现代与清新。

Choke Point: Water-Energy Nexus Roundtable

创绿中心与美国威尔逊国际学者中心中国环境论坛 (The Woodrow Wilson Centre-China Environment Forum)合作组建了10人的中、美水源-能源专家团队(China WET)。8月期间,在北京展开8场密集的“水源-能源”为主题的利益相关者圆桌论坛。此次论坛旨在参与机构和学者间交流经验,对能源发展带来的水资源挑战展开对话,以期为中国的能源,特别是煤炭产业发展面临的水资源瓶颈找到对策。

G:Hub Workshops on China’s global ecological footprint

Around the world, people are increasingly aware of climate change, which is not only a common environmental problem the international community has to face, but also a political and economic issue on which different nations need to cooperate to reach joint solutions.

Climate Protection Requires a Prosperous Global Solar Photovoltaic Market

In late 2012, the U.S. and the EU launched “anti-dumping” and “anti-subsidy” investigations into solar productions imported from China. The continuous investigations have intensified the trade disputes regarding renewable energy between China and related countries.

A Civil Society Review of 20 Year of Sustainable Development

This report showcases various examples of how civil society in China is involved in promoting sustainable development. It also indicates how China’s green transformation is still in its infancy and has much to improve on.

Development Finance VIII — the NDB and Sustainable Development

This issue probes into the investment priorities and governance model of the NDB by focusing on the appointment of management personnel, cooperation partnerships, first batch of projects and operational policies. Discussed in the current issue are also the ways that the NDB achieves responsible investment and promotes sustainable development, by introducing the environmental and social policies of Multilateral Development Banks(MDBs).

  • (Read More)Development Finance VII—The Update on AIIB Progress Ⅱ- Cooperation Partner • Inaugural Projects • Safeguard Framework
  • (Read More)Development Finance VI — Grievance Mechanism and Governance of Environmental and Social Impacts by Development Financial Institutions
  • (Read More)Development Finance V — The Update on AIIB Progress I – Environmental and Social Framework
  • (Read More)Chinese Investment in Arab Countries under One Belt One Road
  • (Read More)Development Finance Ⅳ — The Review and Update of the World Bank’s Safeguard Policies
  • (Read More)China’s Overseas Investment and Sustainable Development under the “One Belt One Road” Strategy