Loading organizations...
The National Green Development Fund Co., Ltd. operates as a national-level investment fund dedicated to advancing China's ecological civilization and green development. It deploys capital through a corporate structure across critical environmental sectors like pollution control, ecological restoration, and green energy solutions. It targets "Carbon peak" and "Carbon neutrality" initiatives, guiding social capital towards impactful environmental projects.
Established in July 2020, the fund was jointly initiated by the Ministry of Finance, the Ministry of Ecology and Environment, and the Shanghai Municipal People's Government. Stemming from a national insight into sustainable development and the "green" concept, its formation underscores governmental commitment to leveraging finance for national ecological protection goals.
The fund supports diverse green projects, attracting significant social capital into environmental protection and sustainable industrial transformation. Investments span ecological restoration, new energy vehicle development, and sustainable infrastructure like lithium battery recycling and green shipbuilding. The National Green Development Fund envisions itself as a pivotal force in China's green economic transition, fostering market-based solutions and accelerating sustainable practices nationwide.
National Green Development Fund has 1 tracked investment across 1 company. The latest tracked deal is $210.1M Series B in Qiyuan Core Power Technology in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 3, 2024 | Qiyuan Core Power Technology | $210.1M Series B | — | Gree Ventures, Shangxian Fund, Taihang Industrial Fund, Yingfeng Group |