China and EU launch climate change project

China and the EU yesterday launched a joint project to boost China’s clean development mechanism (CDM).

China has approved more than 500 CDM projects. Over 70 percent of the projects focus on clean and renewable energy, 14 percent on raising energy efficiency and the rest focus on the elimination of HFC23, a heat-trapping gas 11,700 times stronger than carbon dioxide (CO2) in terms of greenhouse effect, said Yang Hongwei, director of CDM Project Management Center under the National Development and Reform Commission.

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