Europe-China Urban Green Development Forum 
31 Aug, 2020

The Europe-China Eco-Cities Link Project is organizing the Europe-China Urban Green Development Forum, to be held by videoconference on September 8th and 9th 2020. The Objective of this forum is to promote the EC-Link Project achievements from 2013 to 2020 and update the latest developments in the sector of Green Finance and Climate Resilient Cities in China and Europe.

The event is hosted by the Department of Standards and Norms, Ministry of Housing and Urban-Rural Development (MoHURD), supported by the Delegation of the European Union to China and the Department of International Trade and Economic Affairs, Ministry of Commerce (MoFCOM).

Relevant representatives of MoHURD and from Local HURD of EC-Link pilot cities will attend the Forum on September 8th, as well as from Chinese Universities, EU companies and financial Institutions involved in the cooperation with EC-Link pilot cities. Eco-City Construction experience will be presented sharing the projects implemented by EC-Link pilot cities.

During the second day, two sessions are foreseen, to present EC-Link results achieved by linking Chinese cities with Green Financing Resources and to deepen project contribution to Chinese sustainable urban development, pointing out knowledge products and guidelines elaborated through the cooperation between Chinese cities and EU experts.


Germany To Issue 'Green Bonds' Worth Up To $13B This Year
25 Aug, 2020

The German government plans to generate up to 11 billion euros ($13 billion) for clean transportation and renewable energy projects this year by issuing so-called green bond, officials said on Monday. 

The step is part of an effort to meet demand for environmentally friendly investments and follows the path already taken by other countries, including neighbouring France. Each green bond will mirror a regular debt issuance by the German government, known as "bunds", which are considered safe havens for investors.



ADB Pushes Development of Public Transport System Amid Pandemic
25 Aug, 2020

The Asian Development Bank (ADB) is calling for the continuous development of public transportation systems in the Asia-Pacific region amid the pandemic, as the impact of the health crisis will be felt for years.

During the opening session of the Asia and the Pacific Transport Forum 2020 yesterday, ADB president Masatsugu Asakawa said urban transportation in the region’s cities struggle to adapt in terms of financial sustainability and the new requirements for safety amid the pandemic.

“The pandemic has dealt the transport sector a massive blow that will be felt for years. Urban public transport is struggling to adapt, as enforced travel restrictions, coupled with reluctance to travel on crowded systems, contribute to sharply reduced demand,” said Asakawa.



EC-Link Project participates at The Sixteenth International Conference on Green and Energy-Efficient Building & New Technologies and Products Expo
31 Aug, 2020

Launched by the Ministry of Housing and Urban-Rural Development, P. R. China since 2005, the annual “International Conference on Green and Energy-efficient Building & New Technologies and Products Expo” has proved to be an increasing success through 15 years development. With more and more supports from around the world, now the IGEBC has ranked the most influential event with the largest scale in the green building industry in China, and sees each year over 3000 participants, including more than 300 high-ranking officials, renowned experts and specialists, along with more than 300 exhibitors at home and abroad.

EC-Link Project was invited to deliver a speech at the sub-forum “The Latest Theory and Practice for International Eco-City” and to promote during such occasion, and through the whole two days event, its newly established IT Platform. 

As it was confirmed during the conference, there are some platform, but mostly offline, or focusing on one specific sector. EC-LINK IT platform is really the only one cross-sector and on-line platform, and for this reason it received a lot of interest and attention from the participants to the Forum. 

EC-Link Platform received a lot of attention and interest as most of participants believe that it is good idea to have a unified and integrated IT platform targeted to most important sectors in the field of substantiable urbanization such as clean energy, compact urban development, green buildings, green transport, municipal finance, solid waste management, water management.

Belt and Road Initiative & Green Finance
20 Aug, 2020

EC-Link Project has been developing a series of research papers focusing on the Belt and Road Initiative, this one focusing towards the importance of Green Finance within BRI.

Indeed, International cooperation in frameworks like the Belt and Road Initiative (BRI) provide ample opportunities for economic growth, high returns on investments and social development. At the same time, investments for development will lead to an acceleration of pollution, greenhouse gas (GHG) emissions and loss of biodiversity if we follow current trajectories. Simply said, current policies and investment activities are insufficient to tackle the goal of having a zero-carbon society by 2050 in Europe, in China and in the BRI.

In urban areas, it is particularly the investment in the transport sector, industrialization and sustainable urbanization that have a great influence on future green growth trajectories. Therefore, in addition to policies on renewable energy, energy efficiency, clean transport, green urbanization (such as buildings) on the demand-side, policy makers have to improve policies for green domestic and cross-border finance. 

To understand the current situation and potential future trajectories, this report analyzes green urban finance developments in China, Europe and BRI. It provides an overview of the green finance policy perspective, analyze developments of public and private finance and provides relevant 5 green urban finance case studies from Europe (Paris (FR), Litoměřice (CZ) and Essen (DE)) and China (Shandong, Shenzhen) among many other minor examples.

Finally, based on developed findings, 11 recommendations are drawn on how to accelerate green urban finance in the BRI.

The Belt and Road Initiative & Green Urban Finance Research Paper can be easily downloaded at:

EC-Link Green Finance Pilot Project:
Green Public Transportation System Demonstration Project
11 Aug, 2020

EC-Link Technical Support Summary 

EC-Link provided significant support to this project, which helped the project development and increased its bankability through a Pre-feasibility study process. The EC-Link project also identified the green financing resources and steered the project preparation to meet specific requirements of Shandong Green Development Fund. The detail Technical Support included: a) developing the project to maximise green impact and to document this impact so as to meet the eligibility criteria of downstream green financing, through rigorously documenting the results of the Pre-Feasibility Study; and b) stakeholder capacity building and trainings on green finance.  

Project Information 

Project Name, Type and Sector

Green Public Transportation System Demonstration Project

Public transportation, bus procurement and facilities construction.


Qingdao city, Shandong Province, People’s Republic of China 

Project Rationale

Qingdao is the largest city and economic hub of Shandong province.

The Qingdao Green Public Transportation project is systematically designed to meet 1) the increasing public demand for better public transport both in terms of service capacity and quality, 2) better traffic flow by optimizing traffic routes, 3) green and low carbon development, also targets set under the low carbon city program and aligned with the focus area of the energy efficiency project creating the backbone of a Green Corridor.

As designed, the project will significantly reduce carbon dioxide emissions and help to achieve Qingdao’s committed carbon peaking by 2020. The co-benefit will be reduction of other transport-related emission.


There are about 6,000 old diesel buses in the city, operated by three major state-owned bus companies. The project plans to replace the diesel buses and explore ways to apply renewable energy to replace electricity from coal power, and also establishing a green power charging system. 

Under the concept of maximising green impact, there are a number of sub-project components designed in the project proposal, which including, 1) purchasing of 953 electric buses, 2) green bus route design optimization, 3) 2 major bus depots, 4) 208 charging piles and 300 intelligent electronic bus stop signs, and 5) low-carbon operation bus dispatch management systems. 

The project geographically covers downtown areas, with coordinated investment designed to maximise impact in reducing GHG emissions, increasing resilience and reducing pollution through coordinated investment in energy efficiency, public transport and other climate-related sectors over a large area of the city.  Given the standard of 8-year operating life of busses in the city, the project is the first phase of a broader project that is expected to have a construction period of 10 years.

Key Climate Impacts  

The project is estimated to contribute 3.15million tons of carbon reduction in 10 years:

  • Reduce 523,000 tons of CO2 emissions from the electronic buses’ operation 
  • Reduce 28,000 tons from green depots.
  • Reduce 163,000 tons from intelligent dispatching system.
  • Reduce 220,000 tons from the smart energy consumption and emission management system
  • 554,000 tons from the Carbon Offset Scheme for personal and micro enterprises
  • Reduce 1,660,000tons of CO2 from reducing private driving.

Co-benefit reduction of CO emission is 4292 tons, and HC 419 tons, NOx 4931 tons, PM2.5 170 tons, PM10 190 tons, SO2 61 tons.

Summary of Development Outcomes 

  • Meet the travel demand of about 170 million trips per year in Qingdao City;
  • Improve public traffic flow to alleviate urban road congestion. 9million urban citizens will be benefited;
  • Provide at least 200 employment opportunities for the upstream and downstream industries of public transport in the coming years.
  • Improve the level of public transport services to attract more citizens to choose public transport and consequently reduce use of private cars, then reduce CO2 emission and other transport related pollution.
  • Establish a green power charging system. Vehicle battery recycling will reduce environmental pollution and potential hazards caused by waste batteries. 

Implementing Plan and Structure

The implementation plan will be 953 e-bus purchase within 2 years ie. 483 and 470 respectively, and the construction of depots and the installation of relevant facilities over the same 2 years. 

Two bus depots will be built for providing functional services and supporting facilities for bus operation, in terms of bus parking, power charging and maintenance etc. These two depots will be built in Sichuan road and Maidao road respectively. Development approvals are in process. The traffic management authority expects to pursue comprehensive development on site, which can increase the commercial revenue of the project. The authority also expects a qualified social partner to further develop over the site under a PPP modality, increasing project viability.

Procurement Method 

The proposed implementation arrangements will focus on a new Special Purpose Vehicle (SPV) that will enable the efficient management of the project.

Direct physical investments in bus depot construction, 953 full electric buses and corridor development; and the provision of equipment through service contracts.

The project procurement will also follow the Green Procurement process.  

Status of Preparation 

Studies for the preliminary design of bus network, planning of bus lanes and ticket pricing research, intelligent dispatching system, energy consumption and carbon emission management have been completed or are under implementation. 

Risk study, Carbon Offset Scheme will be implemented in the first project year, as well as, the intelligent bus stop signs, vehicle battery recycling. 

Pre-feasibility study with technical, governance, economic/financial, environment/social completed.

The authority would like to apply additional Technical Assistance (TA) support from ADB, to do more detail analysis of the major components. 



It's Time to Improve Waste Management in China
25 Aug, 2020

The last three years have seen China's policymakers pay more attention to the country's worsening waste problem. In 2018, China's municipal solid waste (MSW) reached 22.8 million tonnes, a quantity that is expected to climb up to 409 million tonnes by 2030 as China continues to urbanize and grow economically. This swelling volume of garbage poses a threat to both the environment and the climate.

In 2017, China launched a pilot program of new waste sorting regulations in selected cities, and policymakers are now planning a national scale-up. In late April this year, the Chinese government approved changes to the Solid Waste Law, making waste sorting a core element of the revised law.


Shopping Centre Lippulaiva to Become A Pioneer of Sustainable Energy Solutions
25 Aug, 2020

Shopping centre Lippulaiva, due to be opened in spring 2022, will become the flagship of local energy production. The largest geothermal heating and cooling facility for a commercial building in Europe is being built under the shopping centre, and it will generate carbon-free energy to meet almost the entire heating and cooling needs of the shopping centre. The facility and several other sustainable energy solutions make it possible for Lippulaiva to participate in the EU's SPARCS project, which aims to promote energy efficiency and electric-powered modes of transport. 

There are 31 partners around Europe involved in the EU's project. Along with Leipzig, Germany, the City of Espoo is one of the lighthouse cities of the project, where the majority of solutions are implemented. In addition, the project includes five fellow cities, where proven solutions are implemented later on: Reykjavik, Maia, Kladno, Lviv and Kifissia. The total duration of the project, which started in October 2019, is five years. Citycon was invited to SPARCS because of the Lippulaiva construction project due to its wide variety of sustainable energy solutions.


China's Future in Low Carbon and Clean Energy Industry Expansion 2020 - Renewable Energy and the New Energy Vehicle (NEV) Industry Will Lead the Way
24 Aug, 2020

In the coming years, low-carbon industry developments will set the economic and business agenda in China and other major economies as climate change becomes more severe in its effects. 

The renewable energy and NEV industries will see an accelerated shift in investment activities. Renewable energy and electric mobility are among the most effective tools in the fight against climate change, and more countries are in a joint effort to mature these industries.

Therefore, there will be more room for renewable energy companies to expand their business overseas - especially for Chinese companies as they manufacture renewable energy products way cheaper and in a mass scale due to the economies of scale, government support and experience. Chinese NEV manufacturers also have the same advantage as renewable energy companies in terms of attracting overseas consumers with lower prices.




Building Climate-Resilient Infrastructure in the Post-Pandemic World
25 Aug, 2020

With the global economy facing its deepest economic contraction since the Second World War, many governments are looking to infrastructure development to reinvigorate growth. Investments in infrastructure have the potential to boost productivity, facilitate trade and generate widespread multiplier effects that can aid economic recovery. As public sector support for infrastructure development and adaptation grows, new opportunities are likely to emerge for private infrastructure owners and operators — both in the construction of new infrastructure, as well as in the enhancement of existing assets. 

However, the risk profile of infrastructure assets is shifting: Climate change is imposing new pressures on the long-term and stable returns traditionally promised by the infrastructure sector. Volatility in the earth’s climate and an unprecedented global transition toward low-carbon energy and consumption is presenting new risks, and the private sector will not be able to effectively protect against these risks alone.


7 Trends That Promise Explosive Renewable Energy Growth Post-COVID-19
24 Aug, 2020

The COVID-19 pandemic has disrupted economies around the world, forcing both governments and companies to downsize budgets, shift priorities, and delay capital projects. The renewable energy sector has, like nearly every other, been impacted by the global crisis, according to the renewable energy analyst firm International Energy Agency.

Prior to the pandemic, 2020 was set to be a record year for new renewable energy capacity — meaning the amount of new solar panels, wind turbines, and other sources of energy installed around the world. But the pandemic has disrupted supply chains, causing construction projects to be slowed down or delayed. Growing financial uncertainty, meanwhile, has further postponed projects.


Discussing Urban Solid Waste Treatment Plant Cost
24 Aug, 2020

The are many top equipment suppliers in the field of urban solid waste treatment plant machinery, and these people have an array of different garbage management systems available for purchase. One manufacturer which you might already know of is Beston Machinery. They provide top-quality MSW sorting equipment, which is fairly priced, making them a stylish option for investors within the waste management sector. Everyone can request a quotation for machinery in the manufacturer's official website.

The models of solid waste management machines many suppliers have available for purchase typically range from daily processing capacities of 100 tons to 400 tons. However, it's important to note that it must be generally always possible to design a customized plant to suit the unique requirements of your own urban garbage recycling facility. While the price of an urban solid waste treatment plant can depend upon numerous factors, on this page, we shall discuss a few of the main parameters.