Chongqing Carbon Finance Workshop held on Nov. 14

With guidance from Chongqing Development and Reform Commission and the British Consulate-General in Chongqing, the Chongqing Carbon Finance Workshop was held by Chongqing Low-carbon Association on November 14.

Experts from various institutions and representatives from China Development Bank and Shanghai Pudong Development Bank made speeches on innovation and practice of financial service, providing theoretical and practical support for Chongqing to build a perfect carbon trade financial system and develop more financial products of carbon trade.

Pilot enterprises doing business of carbon in Chongqing mainly consist of six energy-intensive industries including electrolytic aluminum, iron alloy, calcium carbide, caustic soda, cement and steel.

The director general of International Relation at British Department of Energy and Climate Change said that he was impressed by the pilot work in Chongqing carbon market. Glad to see the efforts made by Chongqing government to improve the communication between energy-intensive enterprises and relevant financial institutions, he hoped to offer some experiences in England to Chongqing and help Chongqing build a perfect financial system for carbon trade.

Kuang Zhou