China’s Climate Pledge Means Opportunities for Cleantech Firms

China is increasing its focus on “low carbon” sectors, including energy efficiency, green buildings, water, waste, and transportation. Some of the nation’s moves could translate into big business opportunities for cleantech firms focusing on China.

The focus is outlined in a report, “Enhanced Actions on Climate Change,” that China submitted to the UN on June 30. It outlines how China will try to reduce its CO2 emissions and promises a “coordinated” effort when it comes to areas like new industrialization, urbanization and agricultural modernization.

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