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EC-Link Project and Weihai Municipality to Support “Weihai Delicate City” Development

On September 27, 2019, EC-Link project organized the “China Weihai Delicate City Construction Summit Forum”; hosted by the Weihai Municipal Government and co-organized by the Weihai Bureau of Housing and Urban-Rural Development, the Forum has been the occasion to re-affirm Weihai strong commitment towards green and urban sustainable development.

Following President Xi Jinping’s instructions during his past visit, requiring Weihai to further develop towards a "Delicate City”, Weihai Municipality has organized a set of initiatives, events and exhibitions culminated with the organization of this international forum attended by Mr. ZHANG Haibo, Deputy Party Secretary and the Mayor of Weihai Municipality, Mr. ZHOU Yongdi, Vice Mayor of Weihai Municipality and by Mr. Wang Qing, Secretary General of Weihai Municipality.

The Forum has seen the participation of nearly 1000 people, gathered to listen, exchange and lean how to support and further improve the future development of “Weihai Delicate City”.

As expressed, also by Prime Minister Li Keqiang, the concept of delicate city in China is crucial; China's green urbanization faces two basic tasks: first, how Chinese citizen can be urbanized in a green way; second, how the existing cities formed in the era of traditional industrialization can become sustainable through green transformation that injects vigor into the economy. The concept of “delicate city” wants to affirm the importance of reshaping China's urbanization based on ecological civilization and no longer relying on quantitative urban expansion, and making green urbanization a driver for green transformation of Chinese economy towards high-quality development.

All above key elements have been deeply analyzed by eminent professors attending the Forum, such as Zhao Yanjing, Zhao Jiang, Shen Qingji, and many others. They all affirmed the importance to optimize resources; the importance of proper planning and constant management, of changing prospective and creating smooth synergies among multiple sectors; and finally stressing the responsibility that we all have in building a better urbanization in China.

EC-Link Project has been supporting for years Chinese municipalities helping them in drafting, designing and developing urban sustainable plans meant to reshape and move from the traditional concept of urbanization towards a new paradigm based on green and people-oriented urbanization.

This was achieved based on years of missions, study tours, city to city exchange, trainings meant to support a more stringent and effective dialogue between Europe and China.

In order to further support such exchange of knowledge, EC-Link Project initiated an online Platform, also presented during the Weihai Forum; the Platform is the only cross-sector interdisciplinary online community to link major stakeholders in Europe and China; a unique information tool promoting and sharing advanced European and Chinese experience for sustainable urban development. 

The Platform can be easily accessed via EC-Link website, and allows all major stakeholders (public officials, professors, companies, etc.) to have an open area supporting free dialogue and exchange of ideas on sustainable urbanization in Europe and China.

URBANIZATION NEWS

Industrial Bank Co., Ltd. And CDM Fund Reached A Cooperation Agreement To Jointly Innovate A Green Financing Model For Clean Development

Content: On September 2, Industrial Bank Co., Ltd. signed the Green Financial Cooperation Agreement with the Management Center of China Clean Development Mechanism Fund (hereinafter referred to as “CDM Fund”), to jointly innovate a green financing model for clean development in order to support the country’s response to climate change and help local economies’ green transformation. At the same time, the first project under the cooperation mode is being implemented in Wenzhou, Zhejiang Province.

According to the Agreement, the two sides will, in accordance with the national eco-environmental protection plan and energy conservation and emission reduction targets, play out the guidance and leverage role of the Fund and the green finance capabilities and advantages of the Industrial Bank Co., Ltd. to innovate a green financing model for clean development. They will jointly promote business cooperation and product innovation such as green financing and investment, green bonds, green wealth management and other environmentally friendly cooperation. They will cooperate in green financial policy research, participate in relevant standards research and formulation, and accelerate the construction of China’s green financial system and ecological civilization. According to Mr. LUO Shiyi, General Manager of the Green Finance Department of the Industrial Bank Co., Ltd., the innovative green financing model that the two sides are working on will provide financing support for projects through three mechanisms: One is the Industrial Bank Co., Ltd. to lend the Fund’s money as it is entrusted by the Fund. Second, the Bank provides guarantees for the funds provided by the Fund, to guarantee security of the policy fund while supporting low-carbon projects. And third, the Bank and the Fund jointly provide loans for enterprises, while the Bank provides guarantees for the funds provided by the Fund.

Link: https://finance.sina.com.cn/stock/relnews/cn/2019-09-03/doc-iicezueu3070982.shtml

EXTERNAL NEWS

European Union’s Clean Energy Package: ‘Undoubtedly Positive’ For Energy Storage

The EU’s latest Clean Energy Package (CEP) is “undoubtedly positive” for energy storage, with the technology expected to play a key role in meeting the legislation’s ambitious “32% by 2030” renewables target, Brittney Elzarei, senior policy officer at trade organisation EASE has said.

In an article for Volume 20 of PV Tech Power, the quarterly technical journal from our publisher Solar Media, Elzarei takes a close look at the CEP, noting that recognition by EU policymakers of the value of energy storage has greatly evolved in just the past decade since its third iteration in 2009.

“The CEP is undoubtedly positive for the storage sector. By establishing a binding renewables target of 32% by 2030 – along with targets for renewables in transport, heating and cooling – the package sets a high level of ambition that can only be achieved with the widespread deployment of flexibility solutions such as storage."

Source: https://www.energy-storage.news/news/european-unions-clean-energy-package-undoubtedly-positive-for-energy-storag

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Events

27.9.2019
Europe-China (Weihai) Delicate City Construction Summit Forum

On September 27, 2019, EC-Link Project will organize the Europe-China (Weihai) Delicate City Construction Summit Forum; the event is hosted by Weihai Municipal Government and co-organized by Weihai Bureau of Housing and Urban-Rural Development.

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