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The Low Carbon Economy Ltd

11 Jan 2011 11:01:07

UK and China sign MoU on low carbon development

UK and China sign MoU on low carbon development
The UK and Chinese governments have signed a Memorandum of Understanding which will see the two countries collaborate on low carbon growth.

Prime minister David Cameron and energy and climate change secretary Chris Huhne met with officials last year and the signing of the new agreement was said to "take forward" plans laid out at the summit.

The UK China Low Carbon Co-operation will initially focus on an exchange of expertise surrounding green projects in Chongqing, Guangdong and Hubei.

Three central themes will be explored, these being low carbon planning, the use of market mechanisms and policy frameworks to encourage green developments, and the introduction of low carbon standards and labelling initiatives.

Mr Huhne said: "Today's agreement demonstrates that the UK and China want to accelerate this shift to low carbon and are committed to greater collaboration on energy markets and low carbon technology."

Late last year, Ernst & Young named China as the most attractive renewable energy market in the world, ahead of both the UK and the US, in its Renewable Energy Attractiveness Country Index. ADNFCR-1235-ID-800334434-ADNFCR

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