Green Carbon Fund is established.(NEWSDESK: Trade)
August 16, 2007
China's Green Carbon Fund, initiated by China National Petroleum Corporation (CNPC), the State Forest Administration and China Green Foundation, was set up in Beijing on July 20th, aiming to reduce 5-10 million tons of carbon dioxide equivalent in the next ten years, through forestation and bio-energy development.
CNPC subscribes initially RMB300 million for the Fund.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.