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Archive for capital and finance

In it to Win: How China is developing its Clean Energy Economy through Markets, Finance and Infrastrucuture

Yesterday on March 4, my colleagues and I finally released this long-awaited report “Out of the Running?  How Germany, Spain, and China Are Seizing the Energy Opportunity and Why the United States Risks Getting Left Behind” (picture of the report cover, pictured right).   As the title implies, it is a survey of how three [...]

How Green is China’s Stimulus Package?

I had the opportunity to answer this question as a member of a panel discussion at the Center for Strategic & International Studies, a Washington DC foreign policy think tank, two weeks ago.   The event was held on February 17 to mark the one year anniversary of the American Recovery and Reinvestment Act, and sought [...]

How Did China Fare in Copenhagen? A Critical Analysis by Someone Not in the Room

Update: Dec 27, 2009: The beauty of being learning creatures is that with new information and knowledge I can refine and revise my assessment.  New issue #8 is introduced below, breaks the tie, and tips the outcome of the negotiations in favor of China.
There’s been a bit of bickering between the Brits and Beijing (how’s [...]

A Stern Warning?: No Money for China — No Problem

This is a re-post of my recent contribution to Climate Progress.
The media headlines are screaming “U.S. Won’t Pay China to Cut Emissions” and “US Rules Out Climate Aid to China.” Todd Stern, the U.S. Special Envoy for Climate Change (pictured right), made clear in a press conference yesterday (Day 3 if you are counting!) in [...]

Carbon trading, taxes and putting the cart before the horse

There have been mixed messages lately about whether China will soon adopt a carbon emissions trading scheme.  On the eve of President Hu Jintao’s speech at the UN Climate Summit in New York last month, Times Online ran a sensationally misleading story suggesting that China would adopt a carbon emissions trading scheme that would [...]

Green Hops: Green People’s Congress, Beijing Solar Thermal Plant, Forestry Initiatives

This edition of Green Hops is dedicated to Andrew Symon, a Singapore-based journalist specializing in energy and whom I have had the pleasure and honor of making an acquaintance of as a result of his writings at Asia Times Online.  He passed away unexpectedly on February 24, 2009.  Andrew’s generosity, sense of mission and powerful [...]

The Different Shades of Green Finance

Somehow, we missed a November 2008 report by Friends of the Earth and BankTrack called The Green Evolution: Environmental Policies and Practice in China’s Banking Sector (click here for Chinese version) (henceforth the “Report”) which provides an excellent overview of the green finance activities, including China’s nascent Green Credit program (one of the Green Whirlwind [...]

Green Hops: Autos, Nukes, Agro, Recycling Woes

Energy Price Reforms
NDRC announced that it would be removing price caps on coal from next year in a move towards a more market-driven price mechanism.  This move comes at an opportune time when coal prices have dropped by 30 to 40% since the summer, but GLF points out an earlier post (see finding #4) on [...]

Pacific Bridges: Steven Chu and John Holdren May Shape U.S.-China Energy Relations

GLF has been traveling and getting a little caught up on side projects, but let’s play some catchup.  Let’s pick things up with two specific appointments by President-elect Obama which have implications for U.S.-China energy relations–one being the 1997 Nobel Prize Laureate Dr. Steve Chu of Lawrence Berkeley Labs (LBL) as the new Secretary of [...]

Green Hops: Poznan Preview, More Electric News, Green Capital

We’ve gone more than a month without a “Green Hops” update…what a crime!  We atone for that oversight here…
Climate Change and International Cooperation
A “high level” summit in Beijing on international technology transfer and climate change held on November 7 and 8 provided a preview of the international climate change negotiations that have kicked off in [...]


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What is the Green Leap Forward?

The Great Leap Forward was an economic and social plan used from 1958 to 1960 which aimed to use China's vast population to rapidly transform mainland China from a primarily agrarian economy dominated by peasant farmers into a modern, industrialized communist society. It is now widely seen, both within and outside of China, as an major economic (and environmental) disaster.

By contrast, the Green Leap Forward, is an emerging movement to harness and combine the powerful forces of smart policy, sustainable finance and green technologies to steer China's red-hot economy onto a more ecologically and socially sustainable path. Unlike its predecessor, the Green Leap Forward is as much a bottom-up revolution as it is a top-down one and in this age of increasing global interconnectedness, is a movement that will have an impact beyond its borders.

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