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Aid for China on global warming

March 2008

Japan is supporting China’s environmental conservation efforts through six loans worth more than $436million (£222m).

The finance, in the form of official development assistance loans from the Japan Bank for International Cooperation, is for projects intended to cut greenhouse emissions and pollutants that have been given high priority in China’s 11th five-year National Environment Protection Plan.

Overall China wants to reduce sulphur dioxide emissions by between 30,000 and 40,000 tons a year, equivalent to six times the annual emissions in Tokyo, and to cut chemical oxygen demand by 30,000 tons annually, equivalent to ten per cent of the effluents flowing into Japan’s Inland Sea.

The Beijing government will investigate the potential for cutting greenhouse gas emissions by switching to centralized heating supplies, building bio-gas plants and developing landfill sites. It already intends to install centralized heating systems in Gansu province to reduce dependence on pollutant coal-fired boilers, and to develop solid waste treatment facilities in Hunan province.

For Qinghai province a tree planting programme to combat forest degradation and desertification is being prepared.

The projects being financed are directed at the environmental conservation and global issues that make up one of the priority areas in the Japanese government’s Economic Co-operation Programme for China. They also fall under the bank’s Medium-Term Strategy for Overseas Economic Co-operation Operations.
 




Japan Bank for International Cooperation | Asia | Climate change

Further Information
http://www.jbic.go.jp/autocontents/english/news/2008/000003/index.html
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