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Experts calls on improving the investing and financing policies in the field of energy saving and emission reduction

2009-7-8  Origin:(China Securities Journal)

In the global "sustainable development" forum, some experts believe that the field of future energy-saving and emission reduction contains a huge investment and financing opportunities, but the investment and financing policy need to be further improved. For the establishment of low-carbon economy and energy efficiency, the global needs a sustainable environment for investment.

Zhang Xiaoqiang, deputy director of National Development and Reform Commission said that recently the petrochemical industry will start a high-tech level cross-border investment project. He thought that this was in accordance with the adjustment direction of petrochemical industry in China.

Han Wenke, the leader of Energy Research Institute expressed that energy-saving and emission reduction was a challenge in the area of global financing, as well as China. But it also contained great opportunities.

The director of Royal Institute of International Affairs Department said that in 2008 the global investment in renewable energy and hydropower firstly exceeded the investment in fossil fuels, which achieving 41 percen, about 140 billion dollars. We should use this opportunity to improve energy efficiency and the achieve low-carbon economy. Otherwise, the current pattern of growth will be dangerous in two decades. We should go into a sustainable environment for investment through the public investment and private investment.

China and the United States should strengthen their cooperation in the new energy technology transfer.