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Tripartite coordination to promote major ecological and environmental projects in Shandong

2021/8/9 15:35:30   source:sdchina.com

Recently, Shandong Provincial Department of Ecological Environment, Shandong branch of China Development Bank, and Shandong Development & Investment Holding Group Co., Ltd. jointly signed a strategic cooperation framework agreement on the promotion of the financing for major ecological and environmental projects, staring a new mode of ecological environmental management in the province.

Currently, the green loan balance of China Development Bank (CDB) reaches 2.3 trillion yuan. In accordance with the agreement, in the next three years, CDB Shandong branch will further increase the support for the construction of ecological and environmental projects in Shandong by providing comprehensive financial services combining loans, investment, bonds and other products. 50 billion yuan of financing support will be provided, with focus on supporting city-wide and county-wide projects to treat garbage and sewage, improve rural environment and control pollution from non-point agricultural sources, so as to cultivate demonstration projects for rural ecological revitalization.

Shandong Development & Investment Holding Group Co., Ltd. will support major ecological and environmental protection projects recommended by ecological and environmental departments through market-oriented operation methods such as participating in PPP project investment, and initiating and establishing project companies. The provincial department of ecology and environment will actively play the role of organization and coordination to select and recommend major ecological and environmental protection projects to CDB Shandong branch and Shandong Development and Investment Group Co., Ltd., and promote the issuance of supporting policies.

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