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Source: Reuters
China is promoting a plan to dramatically boost the flow of greenhouse gas-cutting technology from wealthy economies to developing countries.
The plan will be discussed during a two-day conference in Beijing from Friday, but its content has not yet been officially released.
In an interview, Zou Ji, a professor at Renmin University in Beijing involved in shaping China's plan, gave the following details. He stressed that his past work on it, with a researcher from China's official National Leading Group on Climate Change was a starting point, not a definitive plan.
Q. Who will run the proposed technology transfers?
A. "There should be a new inter-governmental body under United Nations auspices to coordinate technology transfers and handle related issues, including intellectual property protection, technology and R&D investment mechanisms and capacity-building," said Zou. "The body would also monitor performance of transfers."
Q. What role will there be for government and business?
A. "The general plan calls for public financing from developed countries, but the details will all be a matter for negotiation," Zou said.
"China wants the fund to leverage public-private partnerships, to act as a catalyst for commercial investment. For example, funds could be used for loan support, for R&D subsidies, for all kinds of investment and capacity-building purposes."
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