The Green Leap Forward 绿跃进

Posts tagged China Environment Fund

Obama and Hu announce comprehensive strategy for clean energy and climate change collaboration

As expected, the U.S.-China presidential summit in Beijing yielded an agreement on clean energy and climate change that focused on collaboration rather than emissions target setting (see my comments in Time.com and China Daily). Here’s a run-down on what this cooperation entails, in a piece published simultaneously at Climate Progress with my colleague Andrew [...]

November 17th, 2009 | Tags: automotive, carbon capture and storage, China, China Environment Fund, energy efficiency, greenhouse gas inventory, international collaboration, MRV, nuclear, renewable energy | Category: automotive, carbon capture and storage, collaboration, energy efficiency, nuclear | Comments (5)

Follow the Money

If China’s Green Leap Forward fails for whatever reason, it won’t be because of the lack of cash. Generally speaking, it has never been better to be a clean tech entrepreneur or project developer. Investment dollars are pouring in globally from hedge funds, private equity and venture capital funds, multinational corporations and development banks. [...]

June 12th, 2008 | Tags: capital and finance, CDM, Chengdu, China, China Association of Resources Comprehensive Utilizatio, China Environment Fund, energy efficiency, Greenstar Fund, inflation, policy, Shuang Liu, Sichuan, solar, Sycamore Ventures, Tianjin, Tsing Capital, Word Bank | Category: CDM, capital and finance, energy efficiency, policy | Comments (3)

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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.