{"id":77938,"date":"2022-04-14T11:23:25","date_gmt":"2022-04-14T11:23:25","guid":{"rendered":"https:\/\/chinadialogue.net\/?post_type=news_digest&p=77938"},"modified":"2022-04-14T11:47:55","modified_gmt":"2022-04-14T11:47:55","slug":"national-green-development-fund-begins-investing","status":"publish","type":"news_digest","link":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/","title":{"rendered":"National Green Development Fund begins investing"},"content":{"rendered":"\n

China\u2019s first national-level green investment fund has begun making its first batch of investments. <\/p>\n\n\n\n

Experts believe the National Green Development Fund (NGDF), which was launched in 2020 and manages 88 billion yuan (US$14 billion), can unlock much-needed capital for areas critical to the low-carbon transition.<\/p>\n\n\n\n

At the end of March, it joined forces<\/a> with China\u2019s largest steelmaker Baowu Steel<\/a> to set up a 50 billion yuan (US$7.8 billion) private equity fund focusing on decarbonising the steel sector. <\/p>\n\n\n\n

Three months earlier, it had invested 180 million yuan (US$28.2 million) into the Yunnan Green Fund which will be financing efforts to clean up Erhai Lake<\/a>.<\/p>\n\n\n\n

Lan Hong, a professor at Renmin University, wrote in China Environment News<\/a> last week that the NGFD would play an important role in filling the equity investment gap in China\u2019s green finance space. <\/p>\n\n\n\n

Over 95% of green financing in China is debt financing, mostly in the form of bank loans and corporate bonds. China\u2019s highly leveraged industries badly need capital injections to improve their credit standing, wrote Lan. Green equity investments can help optimise corporate financing structure, laying the foundation for the healthy expansion of green loans and bonds, Lan added.<\/p>\n\n\n\n

There is optimism<\/a> that the state fund, backed by the Ministry of Finance, can lead the way for capital market players, such as venture capital and private equity funds, to get into green investments. One estimate puts China\u2019s financing need for peaking its carbon emissions in 2030 at 2.2 trillion yuan (US$345 billion) per year.<\/p>\n\n\n\n

Read China Dialogue\u2019s <\/em>latest article<\/em><\/a> on the challenges of financing the decarbonisation of China\u2019s massive steel sector.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s first national-level green investment fund has begun making its first batch of investments<\/p>\n","protected":false},"featured_media":75286,"template":"","meta":{"_acf_changed":false,"_has_post_settings":[],"footnotes":""},"categories":[758],"tags":[513,544],"country":[],"digest-collection":[],"class_list":["post-77938","news_digest","type-news_digest","status-publish","has-post-thumbnail","hentry","category-business","tag-carbon-emissions","tag-finance"],"acf":[],"yoast_head":"\nNational Green Development Fund begins investing | Dialogue Earth<\/title>\n<meta name=\"description\" content=\"China\u2019s first national-level green investment fund has begun making its first batch of investments\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Green Development Fund begins investing\" \/>\n<meta property=\"og:description\" content=\"China\u2019s first national-level green investment fund has begun making its first batch of investments\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/\" \/>\n<meta property=\"og:site_name\" content=\"Dialogue Earth\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-14T11:47:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dialogue.earth\/content\/uploads\/2022\/03\/20220121_News-digest-illustrations_Generic_Arati-Kumar-Rao-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/\",\"url\":\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/\",\"name\":\"National Green Development Fund begins investing | Dialogue Earth\",\"isPartOf\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2022\/03\/20220121_News-digest-illustrations_Generic_Arati-Kumar-Rao-1.png\",\"datePublished\":\"2022-04-14T11:23:25+00:00\",\"dateModified\":\"2022-04-14T11:47:55+00:00\",\"description\":\"China\u2019s first national-level green investment fund has begun making its first batch of investments\",\"breadcrumb\":{\"@id\":\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#primaryimage\",\"url\":\"https:\/\/dialogue.earth\/content\/uploads\/2022\/03\/20220121_News-digest-illustrations_Generic_Arati-Kumar-Rao-1.png\",\"contentUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2022\/03\/20220121_News-digest-illustrations_Generic_Arati-Kumar-Rao-1.png\",\"width\":1200,\"height\":675,\"caption\":\"China news digest\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dialogue.earth\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"National Green Development Fund begins investing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dialogue.earth\/en\/#website\",\"url\":\"https:\/\/dialogue.earth\/en\/\",\"name\":\"Dialogue Earth\",\"description\":\"Global climate and environment news\",\"publisher\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dialogue.earth\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/dialogue.earth\/en\/#organization\",\"name\":\"\u5bf9\u8bdd\u5730\u7403\",\"url\":\"https:\/\/dialogue.earth\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png\",\"contentUrl\":\"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png\",\"width\":256,\"height\":256,\"caption\":\"\u5bf9\u8bdd\u5730\u7403\"},\"image\":{\"@id\":\"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/DialogueEarth_\",\"\",\"https:\/\/www.facebook.com\/DialogueEarth.English\",\"https:\/\/www.instagram.com\/dialogue.earth\/\",\"https:\/\/www.linkedin.com\/company\/dialogueearth\/\"],\"description\":\"Dialogue Earth is an independent non-profit dedicated to producing exceptional environmental journalism and informed conversations on urgent climate and sustainability topics. Our unique model brings local voices to global audiences and global stories of hope, action and change to local communities. We are committed to accurately portraying China\u2019s development impacts across the Global South through geopolitically even-handed reporting and constructive dialogue. Our approach is rooted in a network of specialist country editors located across South and Southeast Asia, Africa and Latin America, and delivered through reporting in eight languages, workshops, and media partnerships. We seek to bring light, rather than heat, to crucial debates, and solutions to bear on complex problems.\",\"email\":\"info@dialogue.earth\",\"telephone\":\"(+44) 7542 525 859\",\"legalName\":\"Dialogue Earth\",\"foundingDate\":\"2006-09-22\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"11\",\"maxValue\":\"50\"},\"publishingPrinciples\":\"https:\/\/dialogue.earth\/en\/about\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"National Green Development Fund begins investing | Dialogue Earth","description":"China\u2019s first national-level green investment fund has begun making its first batch of investments","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/","og_locale":"en_US","og_type":"article","og_title":"National Green Development Fund begins investing","og_description":"China\u2019s first national-level green investment fund has begun making its first batch of investments","og_url":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/","og_site_name":"Dialogue Earth","article_modified_time":"2022-04-14T11:47:55+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/dialogue.earth\/content\/uploads\/2022\/03\/20220121_News-digest-illustrations_Generic_Arati-Kumar-Rao-1.png","type":"image\/png"}],"twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/","url":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/","name":"National Green Development Fund begins investing | Dialogue Earth","isPartOf":{"@id":"https:\/\/dialogue.earth\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#primaryimage"},"image":{"@id":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#primaryimage"},"thumbnailUrl":"https:\/\/dialogue.earth\/content\/uploads\/2022\/03\/20220121_News-digest-illustrations_Generic_Arati-Kumar-Rao-1.png","datePublished":"2022-04-14T11:23:25+00:00","dateModified":"2022-04-14T11:47:55+00:00","description":"China\u2019s first national-level green investment fund has begun making its first batch of investments","breadcrumb":{"@id":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#primaryimage","url":"https:\/\/dialogue.earth\/content\/uploads\/2022\/03\/20220121_News-digest-illustrations_Generic_Arati-Kumar-Rao-1.png","contentUrl":"https:\/\/dialogue.earth\/content\/uploads\/2022\/03\/20220121_News-digest-illustrations_Generic_Arati-Kumar-Rao-1.png","width":1200,"height":675,"caption":"China news digest"},{"@type":"BreadcrumbList","@id":"https:\/\/dialogue.earth\/en\/digest\/national-green-development-fund-begins-investing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dialogue.earth\/en\/"},{"@type":"ListItem","position":2,"name":"National Green Development Fund begins investing"}]},{"@type":"WebSite","@id":"https:\/\/dialogue.earth\/en\/#website","url":"https:\/\/dialogue.earth\/en\/","name":"Dialogue Earth","description":"Global climate and environment news","publisher":{"@id":"https:\/\/dialogue.earth\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dialogue.earth\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/dialogue.earth\/en\/#organization","name":"\u5bf9\u8bdd\u5730\u7403","url":"https:\/\/dialogue.earth\/en\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/","url":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png","contentUrl":"https:\/\/dialogue.earth\/content\/uploads\/2024\/04\/Dialogue-Earth-Symbol-Logo_Black-Text.png","width":256,"height":256,"caption":"\u5bf9\u8bdd\u5730\u7403"},"image":{"@id":"https:\/\/dialogue.earth\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/DialogueEarth_","","https:\/\/www.facebook.com\/DialogueEarth.English","https:\/\/www.instagram.com\/dialogue.earth\/","https:\/\/www.linkedin.com\/company\/dialogueearth\/"],"description":"Dialogue Earth is an independent non-profit dedicated to producing exceptional environmental journalism and informed conversations on urgent climate and sustainability topics. Our unique model brings local voices to global audiences and global stories of hope, action and change to local communities. We are committed to accurately portraying China\u2019s development impacts across the Global South through geopolitically even-handed reporting and constructive dialogue. Our approach is rooted in a network of specialist country editors located across South and Southeast Asia, Africa and Latin America, and delivered through reporting in eight languages, workshops, and media partnerships. We seek to bring light, rather than heat, to crucial debates, and solutions to bear on complex problems.","email":"info@dialogue.earth","telephone":"(+44) 7542 525 859","legalName":"Dialogue Earth","foundingDate":"2006-09-22","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"11","maxValue":"50"},"publishingPrinciples":"https:\/\/dialogue.earth\/en\/about\/"}]}},"_links":{"self":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/news_digest\/77938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/news_digest"}],"about":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/types\/news_digest"}],"version-history":[{"count":0,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/news_digest\/77938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/media\/75286"}],"wp:attachment":[{"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/media?parent=77938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/categories?post=77938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/tags?post=77938"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/country?post=77938"},{"taxonomy":"digest-collection","embeddable":true,"href":"https:\/\/dialogue.earth\/en\/wp-json\/wp\/v2\/digest-collection?post=77938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}