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    • News

    China Gains Clean Energy Aid from ADB

    By Devex Editor // 26 January 2009

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    China will make its energy sector cleaner and more efficient with some USD2.8 million in grants from the Asian Development Bank,

    reported. The technical assistance grants will help set up and implement a national emissions trading system, and back the government's 20 percent energy savings by 2010. The China Clean Development Mechanism Fund will also receive USD800,000 in ADB policy and advisory assistance to build the fund's institutional capacity.

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      Thanks a lot for your interest in Devex News. To share news and views, story ideas and press releases, please email editor@devex.com. We look forward to hearing from you.

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