NCSD, China CDM Fund Launch Low-Carbon Partnership

The National Center For Sustainable Development (NCSD) and the China CDM Fund have launched the China-U.S. Low Carbon Development Cooperation Program.

The objectives of the partnership are to improve global communities with examples of sustainable low-carbon development and to sponsor relevant comparative studies on policy, demonstration and scale-up of investment projects.

‘A collaboration between the world's big producers of carbon emissions, China and the U.S., will create an environment where low-carbon, clean-energy technologies and investments can thrive,’ says Damian Omar Valdez, president of Evolution Capital Management Inc., one of the founding partners of the China-U.S. Low Carbon Development Cooperation Program and a trustee of the NCSD.

The organization is preparing to launch a series of studies on comparative China-U.S. policies, as well as comparative financial market mechanisms and instruments to examine the overall cost effectiveness of meeting the enormous investment demand that will be required to approach and achieve sustainable investment in, and progress for, low-carbon development.

SOURCE: National Center For Sustainable Development

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