US and China enter joint initiative to curb carbon

5 February 2010 - The National Center For Sustainable Development (NCSD) headquartered in Washington, DC initiated a commitment to launch the China-U.S. Low Carbon Development Cooperation Program.

Chen Huan, Deputy Director General of the China CDM Fund Management Center (CDMF), Ministry of Finance (MOF) of China and Dr. Wen Gang, Deputy Director of Research and Development Department of the CDMF, joined the management the NCSD on November 10, 2009.

NCSD accomplishes its mission to foster sustainable development through the promotion of pollution abatement demonstration projects that guide the way for public and commercial efforts at innovative policies and practices. The objectives to be demonstrated are to improve communities globally with examples of sustainable low carbon development and the sponsorship of relevant comparative studies on policy, demonstration and scale-up of investment projects.

The organization says it is preparing to launch a series of studies on comparative China-U.S. policies, as well as comparative financial market mechanisms and instruments to examine the overall cost effectiveness of meeting the enormous investment demand that will be required to approach and achieve sustainable investment in and progress for low carbon development.

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