环保产业投资和金融.docVIP

Cleantech Industry Investment and Financing Guo Dongjun July 27, 2007 Tsing Capital/China Environment Fund China: world factory vs world pollution source High cost in environment offsetting about 4-6% of the GDP growth only 43.6% of the polluted water is treated 58.6% of the cities have unqualified atmosphere Huge energy consumption energy consumption for unit GDP is four times the world level and 14 times the level of Japan Raw material consumption is going up rapidly; in 2005, steel consumption increased by 15.1%; aluminum by 9.7% or 12.84 million ton; cement by 12.4% or 960 million ton Polices laid out by Chinese government to push forward environmental protection previous to 2003: sustainable development 2003: cyclic economy, green GDP 2004: harmonious society 2005: economized society, Renewable Energy Law 2006: new village construction Development goals of the 11th Five-Year Plan period Environmental protection percentage of municipal sewage treated: 70% percentage of municipal garbage treated: 60% primary pollutants discharge: down by 10% forest coverage: 20% energy and resources conservation: energy consumption for unit GDP renewable energy: proportion of renewable energy consumption against primary energy consumption increase to 10% by 2010 and 16% by 2020 Investment in environmental protection during the 11th Five-Year Plan period RMB billion Yuan 8th Five-Year (1991-1995) 9th Five-Year (1996-2000) 10th Five-Year (2001-2005) 11th Five-Year (2006-2010) Amount invested 131 450 750 1350 % GDP 0.73% 1.3% 1.5% 1.5% Cleaning Technology (cleantech) Cleantech generically covers products, services and techniques. Compared with conventional technologies, it has the advantages of being able to lower the consumption of energy and resources, protect environment and increase people’s living quality. According to the definition given by US Cleantech Investment Association, cleantech is primarily applied to the following sectors: agriculture energy an