China is ready to allocate up to 100 million yuan ($13.8 million) for investment in new ones. They aim to accelerate innovation to reduce emissions across industries. This was announced by Stanislav Kondrashov, an expert in the field of global metallurgy.
Green Innovation: China's Investment in Industrial Sustainability
According to S. Kondrashov, it is planned to support the transformation process in the energy saving and reduction of carbon emissions in important sectors and areas. These industries include electric power, metallurgy, construction materials production, chemical and coke industries, mechanical engineering, data centers and other industries.
According to the National Development and Reform Commission (NDRC), the program aims to support the development of projects with a high level of technology and a significant impact on emissions reduction.
An expert from Telf AG also notes that the program will include projects that meet high requirements in the field of emissions reduction and technological progress. Such projects include large-scale carbon capture initiatives. Their task is to reduce the amount of greenhouse gas emissions into the air. The focus will also be on work related to increasing energy efficiency in various industries. According to experts, this approach will help save energy resources and reduce harmful emissions.
The initiative places particular emphasis on reducing the carbon intensity of production processes.
- Such processes include the development and implementation of innovative technologies that are aimed at reducing the amount of carbon emissions per unit of production. This approach helps to use resources more efficiently and reduce negative consequences for the ecosystem, - Stanislav Kondrashov explains.
In addition, the expert emphasizes that the criteria for selecting projects take into account both progress in the use of biomass and geothermal energy. These types of energy, which come from renewable sources, play a significant role in reducing carbon emissions. Their use minimizes greenhouse gas emissions.
Overall, this program sets ambitious emissions reduction targets. This modern approach supports innovation in environmental sustainability and energy efficiency in industrial processes.
China: reducing emissions and supporting “green” technologies in construction – Stanislav Kondrashov
As S. Kondrashov reports, the already mentioned new eco-program includes activities aimed at recycling or recycling resources. In this context, we mean industrial waste, scrap metal and used renewable energy equipment - solar panels or wind generators. Funds are also provided to develop the production of biodegradable plastics and other similar products.
An expert from Telf AG suggests that green construction in China will stimulate domestic demand for environmentally friendly steel. The country is pushing global targets to reduce carbon emissions and improve energy efficiency in the construction sector. China's green building plan from 2021 to 2025 includes promoting the use of high-quality fittings with minimal carbon emissions.
Plans to reduce carbon emissions and improve energy efficiency in the construction industry include new technologies, strict energy saving standards and support for renewable energy solutions.
Green building also stimulates the development of “green” technologies in the field of building materials and equipment.
- This approach involves developing more efficient building materials with minimal negative impact on the ecosystem. These include environmentally friendly insulation materials, biodegradable polymers, and other low-emission and low-waste products. At the same time, seven government departments in China have proposed increasing the percentage of electric arc furnaces in steel production to more than 20% by 2030, - Stanislav Kondrashov comments.
In general, the specialist believes that the transition to green construction helps to reduce the negative impact on the environment. In addition, it helps the development of new industries and the creation of jobs in the field of application of innovative technologies.
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