Two ministries to invest in low-carbon economy

State Environmental Protection Department, Ministry of science and technology, 23, said it would make efforts to promote the integration of investment and financing institutions and environmental protection enterprises, so that more funds into the field of low-carbon economy.

The same day, two ministries jointly launched the promotion of the development of low-carbon economy investment and financing strategic alliance". Ceng Xiaodong, vice chairman and Secretary General of the China Environmental Protection Association, said that the development of low-carbon economy is an urgent need to solve technological innovation, and technological innovation is the fundamental guarantee of funds. At present, financial support has become an important part of technological innovation.

"The state attaches great importance to the development of environmental protection industry, and as a new economic growth point. Liu Zhiquan, deputy director of the Ministry of science and technology standards division, told reporters that in 12th Five-Year the national environmental protection investment will be more than 3 trillion, of which investment in environmental protection facilities will be more than 1 trillion. At the same time, the state will expand pollution control targets and projects, environmental protection enterprises are facing greater opportunities for industry.

According to reports, in 11th Five-Year, China's environmental protection industry average annual growth rate of 15 ~ 20%, higher than the national economic growth rate over the same period. "It is expected that there will be a rapid development during the '12th Five-Year'. "Liu Zhiquan said, according to the lack of key technologies, the ubiquitous environmental protection enterprises of small scale enterprises, especially the serious shortage of funds, the Ministry of environmental protection is combined with the Ministry of science and technology, banking, insurance and other departments to set up diversified investment and financing system.

"Recently, we are stepping up our engagement with banks to look for more capital, including venture capital. Liu Zhiquan said.

Deputy director of the Ministry of science and technology, Chinese China torch center of science and Technology Finance Association of venture investment Specialized Committee Secretary General Xiu Xiaoping told reporters that the integration of technology and environmental protection, there is no financial support is unthinkable, the arrival of low carbon economy requires strong financial support, especially in the high-tech fields, has the decisive significance of capital talent and technology.

According to reports, "to promote the development of low carbon economy investment and financing strategic alliance" will be set up under the working group, the group of China Environment Federation of member enterprises submitted for funding for the trial, and put forward the preliminary project report, after the examination and approval, start the financing process, after the investment institutions and financing for enterprises signed cooperation agreement, capital injection. Alliance working group will continue to track and promote the follow-up work of the investment and financing projects.

According to sources, the investment and financing through the process will be less than 20% of the cost of social investment and financing similar to the community.