The hottest seven departments released the managem

Seven departments issued the "China Clean Development Mechanism Fund Management Measures"

recently, Finance "under such circumstances, the national development and Reform Commission, the Ministry of foreign affairs, the Ministry of science and technology, the Ministry of environmental protection, the Ministry of agriculture and the China Meteorological Administration jointly announced the" China Clean Development Mechanism Fund Management Measures " , which defines the governance framework, sources of funds and methods of use of China's Clean Development Mechanism Fund, and is the fundamental guide for the management and operation of China's Clean Development Mechanism Fund

the relevant person in charge of the Ministry of Finance said on the 21st that the clean fund is an innovative mechanism in China's response to climate change. It is a policy fund established with the approval of the state and managed in accordance with the social fund model. The fund shall not be used for matters unrelated to climate change. The so-called management in accordance with the social fund model refers to the independent operation of the clean fund under the principle of value preservation and appreciation to carry out investment activities to support the national response to climate change related industries

the person in charge said that the clean fund supported relevant activities conducive to strengthening capacity-building to cope with climate change and raising public awareness of coping with climate change through grants. The grants are mainly used to support policy research and academic activities related to climate change, international cooperation activities related to climate change, training activities aimed at strengthening the capacity-building of climate change, publicity and education activities aimed at improving public awareness of climate change, and other matters serving the purpose of the fund. The applicant for the grant project should be a relevant institution with certain research or training capacity that is engaged in the field of coping with climate change with the resolutely cancelled ground bar steel production capacity of 6.75 million tons in China

when the fineness is fixed, the paid use of clean fund adopts equity investment, entrusted loan, financing guarantee and other methods approved by the state. The applicant of the paid use project shall be a Chinese funded enterprise or a Chinese holding enterprise engaged in the business of mitigation and adaptation to climate change in China

as for the sources of the clean fund, the person in charge said that they include the part of the income from the transfer of greenhouse gas emission reductions through CDM projects that belongs to the state, the fund's operating income, donations from domestic and foreign institutions, organizations and individuals, and other sources

in response to climate change, the Kyoto Protocol to the United Nations Framework Convention on climate change defines the clean development mechanism. As one of the parties to the Kyoto Protocol, China has taken a number of positive measures to support international cooperation in addressing climate change and promote domestic efforts to address climate change, supporting domestic enterprises to participate in international cooperation in CDM projects

in order to regulate domestic CDM activities, including to make the emission reduction income of CDM projects effectively used to cope with climate change and play a role in a wider range, in October 2005, the national development and Reform Commission, the Ministry of science and technology, the Ministry of foreign affairs and the Ministry of Finance announced the "clean development mechanism project management measures", which stipulates that the country receives a certain amount of national income from the emission reduction transfer income of CDM projects, For climate change. In August, 2006, the State Council approved the establishment of the clean fund and management center, which is responsible for managing the national revenue of CDM projects

the person in charge pointed out that the greenhouse gas emission reductions referred to in the Measures refer to the greenhouse gas emission reductions transferred through CDM projects with the approval of the state. Emission reduction income refers to the income from the transfer of emission reductions