THE NATIONAL CENTER FOR SUSTAINABLE DEVELOPMENT IN COOPERATION WITH THE CHINA CDM FUND MANAGEMENT CE The NCSD Issues National Call to Action to Business, Industry and Government in
The U.S. and China to step up efforts on bi-lateral practical Cooperation for
A Sustainable Low Carbon Economy
THE NATIONAL CENTER FOR SUSTAINABLE DEVELOPMENT IN COOPERATION WITH THE CHINA CDM FUND MANAGEMENT CENTER COMMIT TO COOPERATION ON LOW CARBON DEVELOPMENT WITH THE LAUNCHING OF THE CHINA-U.S. LOW CARBON DEVELOPMENT COOPERATION PROGRAM.
The NCSD Issues National Call to Action to Business, Industry and Government in
The U.S. and China to step up efforts on bi-lateral practical Cooperation for
A Sustainable Low Carbon Economy
(WASHINGTON, D.C., February 2, 2010) – On November 10, 2009, marking a first-of-its kind innovative initiative and significant efforts by the Government of China, for systemic cooperation between China and the U.S. on sustainable low carbon development, the National Center For Sustainable Development (“NCSD”) initiated a groundbreaking commitment to launch the China-U.S. Low Carbon Development Cooperation Program – exemplifying its expanded mission statement and its next generation of innovative and sustainable low carbon development initiatives.
As a first step in demonstrating the commitment of both parties to the Program, on November 10, 2009 the Board of Trustees of the NCSD welcomed Mr. Chen Huan, Deputy Director General of the China CDM Fund Management Center (“CDMF”), Ministry of Finance (“MOF”) of China and Dr. Wen Gang, Deputy Director of Research and Development Department of the CDMF, to join in guiding and managing the Program. Their involvement shows the close cooperation between the CDMF and the NCSD.
The launch and implementation of the Program is in keeping with the NCSD’s heritage and mission as a U.S. not-for-profit organization in fostering sustainable development through the promotion of pollution abatement demonstration projects that lead to recognition of methods and practices that can be adopted as a matter of public and commercial practice and which will lead to reductions in the emissions of carbon dioxide and other greenhouse gases.
The objectives to be demonstrated are to improve communities globally with examples of sustainable low carbon development through the sponsorship of relevant comparative studies on policy, demonstration and scale-up of investment projects with market-based mechanisms and financial instruments, the purpose of which is to promote economic and low carbon development by financing projects in the U.S. and China that avoid, reduce, or sequester anthropogenic emissions of greenhouse gases and that employ existing, improved and new technologies in service in the marketplace related to energy savings, energy efficiency, renewable energy and other kinds of climate-friendly actions.
One of the first public-private initiatives of its type and scope to be undertaken between China and the U.S. ever, and in particular to address the daunting challenges faced by all in the new and unfolding paradigms being brought on by global climate change, this commitment will accelerate catalytic change in a host of necessary, innovative and sustainable measures at the policy, regulatory and business and investment levels, and create significant positive impact for the creation of a clear road map to foster technology-share and encourage investment for the business and investment communities in both
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