ICF China Green Finance technical assistance

The BEIS International Climate Fund (ICF) has launched a £2 million call for technical assistance activities in green finance in China.

• From: Foreign, Commonwealth & Development Office
• Published: 15 June 2018

• Funds: Open
• Countries: China
• Sector: Climate change, Environment, Private sector/business, Technology and Trade
• Eligible organisations: Non-governmental organisations (NGOs), UK-based non-profit organisations, UK-based small and diaspora organisations, Companies and Local government
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  Educational institutions, Individuals, and Humanitarian relief organisations
• Value of funding: £100,001 to £500,000

Overview

The Department for Business, Energy & Industrial Strategy (BEIS) International Climate Finance Technical Assistance programme aims to support and incentivise China’s transition to a more environmentally sustainable growth model through green finance, and contribute towards the goal of developing a commercially-driven and sustainable global market for green finance.

The programme has 4 pillars:

• harmonisation: more unified and harmonised green finance guidelines and standards that align with international practices, both domestically and overseas (especially along the Belt and Road countries)
• transparency: more transparent and responsible investment approaches that take account of climate-related financial risks and Environmental, Social and Governance (ESG) investment
• innovation: increased innovation in green finance products and practice models
• capacity Building: furthering the UK-China green finance partnership, accelerating practical implementation of national green finance policies across the country, and promoting wider stakeholder engagement and knowledge sharing at regional/city/local level

Background information on the fund

Full details are available here

Contacts

ICF.China@BEIS.gov.uk

Published 15 June 2018