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High risk business investment environment will be made investing in environmental protection guidelines – environmental protection infrastructure,
Business investment Environment High-risk investments Environmental protection Guidelines will be issued ( HC Environmental Network with map )
Environmental Network HC China will soon release overseas investment and reconstruction projects of environmental guidelines to regulate the “going out” enterprises, to avoid environmental and social risks.
By the Chinese Academy for Environmental Planning Guide and complete preparation of the Global Environmental Institute, is currently under Environmental Protection Coordination of the Ministry of Commerce, is expected to officially release in the near future, this is the project leader of China Academy for Environmental Planning, Director of GE Cha-zhong recently integrated to the “China Daily” revealed.
Guidelines will require all of China’s overseas construction projects under construction have been supporting the necessary environmental protection facilities, such as sewage and Waste disposal The equipment. Meanwhile, China’s overseas investment or participating in reconstruction of the enterprise is required on the construction project environmental impact assessment, and brought the project to compensate for ecological damage.
Addition to complying with China has joined other international environmental conventions, the Chinese enterprises in overseas investment projects shall also comply with host country environmental requirements, the Global Environmental Institute project officer told Chi Ying marked “China Daily.”
“If the host country environmental standards than domestic companies will work in accordance with the standards of China,” Chi Ying-piao, “This can also be introduced to the Chinese experience to those less developed countries to help them improve the environmental management level. ”
Since 2001, the “going out” strategy, China’s foreign direct investment has grown substantially in recent years.
Commerce Department data show that last year’s non-China Financial Direct investment abroad reached 40.65 billion U.S. dollars, up 63.6% over 2007, and this data in 2002 only 25 million.
This year in April, the Commerce Department released the first batch of the 20 countries, “foreign investment Cooperation Country (Region) Guide “, although the contents of which relate to environmental protection, but the country still lacks a more comprehensive and operable environmental protection.
China’s foreign direct investment and aid mainly related to mineral resources development, Oil , Manufacturing and infrastructure construction sectors, and focus in Southeast Asia, Africa, Latin American and other countries. Ecology of these areas are very fragile and easily lead to environmental problems, GE Cha-chung, director, said. Overseas Investment in China’s current environmental disputes more concentrated in hydropower development and resource development and utilization of class projects.
Although the large state enterprises in the process of overseas investments are environmentally conscious, but there are a number of small and medium enterprises to reduce costs, and environmental requirements of the host country the lower the expense of environmental protection measures, but also the international community resulted in some negative effects .
Encourage the expansion of foreign investment as China’s implementation of the strategy, more and more Chinese enterprises? Particularly SMEs? To go abroad, compliance with environmental guidelines will help these companies to avoid environmental and social risks, Chi Ying-piao .
In overseas investment in the country focused on the investment environment, but also follow the international practice. Environmental Defense project manager Jian-Yu Zhang of China, said the U.S. government asked the United States in foreign investment companies must comply with the country’s environmental protection requirements.
Some well-known multinational companies have implemented not only in parts of more stringent environmental standards and requirements of its upstream and downstream industry chain to achieve green and Environmentally Friendly enterprises, UNIDO representative in China, Ma Jian, the “China Daily “, said.
GE Cha Chung also said that the environmental guidelines will encourage domestic banks to the credit system of the green, in a time when loans to enterprises as the marker of environmental circumstances. So far, the Bank has developed a green credit on the specific operational guidelines, and the Industrial Bank of China also joined last year to ensure Sustainable development of the “Equator Principles.”
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