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Economy

EF China to select role model from firms leading climate fight

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2017-11-01 09:51chinadaily.com.cn Editor: Gu Mengxi ECNS App Download

Energy Foundation China, or EF China, has started its initiative Climate Leader Plants on Tuesday to select role model from enterprises in cutting emission and saving energy.

The non-profit organization was formed under partnership of foundations including The Pew Charitable Trusts and The Rockefeller Foundation in 1999. Within its Climate Leader Plants initiative, it will assess qualified companies and enterprises in aspects such as carbon emission, reaction to climate change, corporation social responsibility and industrial impact.

It will also promote the successful cases from the selected companies and enterprises in China to push a greener economy with lower carbon emission.

"The key to increase the efficiency of energy consumption lies in the enterprises and Chinese government has always been pushing enterprises to make more efficient use of energy," said Wang Shancheng, deputy director of department of resource conservation and environmental protection in China's National Development and Reform Commission (NDRC). "Such initiative will help promote the successful experience to battle the emission."

According to EF China, production activity is the biggest source of energy consumption, accounting for two third of the national consumption and over half of carbon dioxide emission.

Dai Yande, former head of the NDRC's Energy Research Institute, said to achieve the 2-Degree Celsius Target purposed by Paris Agreement, we need enterprises to innovate in both supply side and consumption side.

"I believe the role model can have a large impact on encouraging innovation in business mode and technology to tackle climate change," he added.

  

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