|Policy Type:||Economic Instruments>Fiscal/financial incentives|
|Agency:||Department of State|
Under the $100 million energy programme, the U.S. Export-Import Bank, working with the China Development Bank, and the U.S. DOE will provide loans for China to buy and apply U.S. Air pollution control, energy efficiency, and renewable energy technologies in China, according to officials familiar with the memorandum of understanding on the programme, which was signed on March 29 in Beijing and formalised April 9 in the United States. The goal of the programme is to develop rural energy projects that include use of solar, wind, and biomass technologies, the officials said. Under the agreement, the U.S. would assist the Chinese in the development of renewable energy sources, disaster response, and coastal management.
Last modified: Mon, 19 May 2014 15:28:52 CEST