The World Wild Fund for Nature (WWF) will expand its Climate Solver program to China to help promote low-carbon innovation among small and medium-sized enterprises in the country. The program, first launched in 2008, selects the most promising technologies, both in terms of environmental impact and business value, in the fields of living, transportation and energy production. The SMEs developing these technologies will then receive funding, access to the WWF’s extensive network as well as other forms of support.

A significant element of the project is its cooperation with local government to create an enabling policy and financial environment conducive to true innovation. The program emphasizes the role of SMEs in low-carbon innovation as, according to the WWF’s Beijing chief Jim Gradoville, the “flexible mechanisms and strong innovation abilities” set SMEs apart from larger, more established firms and create the potential for truly innovative breakthroughs.

Source: Xinhua article

Read more: The Climate Solver program’s website

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