Business / Economy

China pledges $56b to cut air pollution

(Agencies) Updated: 2012-12-06 14:41

BEIJING - China will spend 350 billion yuan ($56 billion) by 2015 to curb air pollution in major cities, the environmental watchdog said on Wednesday.

Local governments will fund most of the programs aimed at cutting the level of harmful particles in the air in 117 cities by at least 5 percent between 2011 and 2015, the Ministry of Environmental Protection said in a statement on its website.

Earlier government projections gave more ambitious pollution reduction targets. State radio reported in February that Beijing would reduce PM 2.5 levels by 15 percent by 2015 compared with 2010 levels, and cut overall air pollution levels by 30 percent over the same period.

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