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Laws, Policies, & Guidelines

State Development & Investment Corp Ltd (SDIC) Green Finance Framework

Scope of Application

Guidelines for the State Development & Investment Corp Ltd (SDIC).

Purpose

Offers basic guidance to further sustainable development.

General Key Points

SDIC should:

  • Develop renewable energy and water management projects.
    • Invest in conservation, emissions reduction, and efficiency improvement projects.
  • Emphasize global sustainable development, education, poverty alleviation, societal integrity, environmental protection, and partnership.
  • Measure its progress against the United Nations (UN) "Sustainable Development Goals (SDGs)."

 

SDIC’s Technology and Environmental Protection Department (TEPD) should:

  • Oversee the governance of environmental and social standards. 
Key Points on Stakeholder Engagement

SDIC’s TEPD should:

  • Communicate with regulators to resolve environmental and social issues in a timely manner.

 

SDIC should:

  • Promote local economic development and sharing.
  • Strive to support social justice.
Key Points on Environmental and Social Impact Assessment

SDIC should:

  • Exercise a high level of diligence in screening projects to ensure compliance with environmental and social standards. 
  • Strive to support environmental protection.
Applies to
China
Global
Date
April 2019
Issuer(s)
State Development & Investment Corporation (SDIC)
Link to Full Version(s)
Links to Relevant Laws, Policies, & Guidelines