Special fund proposed for green effort
By Fu Jing and Si Tingting | China Daily | Updated: 2008-11-07 07:58
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The Tianjin Climate Exchange (TCX), a joint venture of US-based Chicago Climate Exchange, China National Petroleum Corporation Assets Management Co Ltd and Tianjin Property Rights Exchange, launched last month. TCX, which will initially focus on trading major pollutants such as sulfur dioxide, is part of China's green efforts. Xiao Chunhu |
A senior Chinese official called on the international community to set up a special fund under the United Nations framework to ensure that developed countries help their developing counterparts cope with climate change.
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