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China facing $243bn climate funding shortfall
2013-03-25 01:44:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Chinese authorities will need to raise an extra $243bn a year by the end of the decade in order to tackle climate change and deliver sufficient investment in low carbon development. The staggering figure is revealed in a report commissioned by the Chinese government's powerful National Development and Reform Commission (NDRC), which calls for a two stage plan to reform China's climate finance mechanisms by the end of a decade. Report authors, The Climate Group and researchers at the Chinese...
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Category:Electronics and Electrical