China’s post Covid-19 economic relief programme understandably makes job creation and technological development the top priorities. The centrepiece of the effort is the “2 New + 1 Key” initiative, which promotes investment in digital and urban infrastructure as well as the implementation of 165 national-level major projects.‍However, unlike last year when environmental protection was deemed a top priority, this year, it has taken a back seat. Instead, a more traditional stimulus programme involving at least US$2 trillion of mass construction will lead the recovery.

We are deeply saddened by the passing of Lorne W. Craner yesterday. We had the pleasure of working with Lorne throughout our careers, and were honored to have him serve as a Senior Advisor to Basilinna. Not only was Lorne a true champion for freedom and democracy around the world, but he was one of the kindest people we knew. He will be greatly missed in every corner of the world.

It’s been a slow road for China’s long-awaited national carbon market. Announced by Chinese president Xi Jinping in 2015 and launched in 2017, the market promises to be the world’s largest – and the developing world’s first – national emissions trading scheme.Hailed as a potential game-changer in the fight against climate change, it represents a core element of Mr Xi’s “war on pollution”. But after years of delays, the market has yet to trade a single yuan. The Covid-19 crisis could be the impetus that gets the national carbon market back on track. 

Items recovered include fossils, paintings, ancient coins, ceramics and jewelry.

Our CEO, Deborah Lehr, hosted GillianTett of the Financial Times Moral Money on behalf of the Paulson Institute.

Egypt's Suez Cement Group announced the appointment of Ambassador Yasser Elnaggar as the new chairman of the group, succeeding Hayrullah Hakan Gurdal.

Covid-19 has resulted in more than a deadly pandemic. It has tipped the world economy into its most severe crisis since the Depression. As the virus’s spread slows and governments rebuild, they face another force sweeping in its path: isolationism. The impending battle will pit forces of openness rooted in market principles against those of closure across four dimensions: trade, capital flows, innovation and global institutions.

On April 14th, Basilinna'sr Senior Advisor, Ambassador Yasser Elnaggar, joined a panel hosted by the Washington DC based Middle East Institute, where he serves as a non-resident fellow, that focused on Egypt’s Economy, Citizens, and the Pandemic. There was an excellent exchange, moderated by Mirette F. Mabrouk, Director, Egypt Program, MEI and other panelists Angus Blair, Professor, School of Business, The American University in Cairo and Laila Iskandar, Former Minister for Urban Renewal and Informal Settlements, Egypt.

Basilinna CEO Deborah Lehr's views on the enforcement mechanisms of the US China Phase I trade deal.

Military attacks against cultural sites are against international law, and the United States has condemned the Islamic State and Taliban for similar destruction.

Edelman and Washington consultancy Basilinna have struck a partnership to provide expanded services to clients based in China and the Middle East.

Edelman has signed a partnership with US-based strategic consulting company Basilinna to provide multinational China- and Middle East-based clients of both firms with expanded communications and government relations services in China, the Middle East and the US. The partnership is said to help clients navigate the "challenging landscape of changing international market dynamics".

Edelman and Basilinna, DC-based strategic communications shop, have entered into an exclusive partnership designed to provide multinational China-and Middle East-based clients of both firms with expanded communications and government relations services in China, the Middle East and the US.

Edelman, the world’s leading communications and public affairs firm, and Basilinna, a Washington, D.C.-based strategic consulting company, have entered into an exclusive partnership designed to provide multinational China and Middle East-based clients of both firms with expanded communications and government relations services in China, the Middle East and the United States.

‍New York City, 18 December 2019: Edelman, the world’s leading communications and public affairs firm, and Basilinna, a Washington, D.C.-based strategic consulting company, have entered into an exclusive partnership designed to provide multinational China-and Middle East-based clients of both firms with expanded communications and government relations services in China, the Middle East and the United States.

国际金融论坛（IFF）第16届全球年会（F20峰会）于11月22日到24日在广州召开。IFF理事、埃及投资部前常务副部长、埃及规划部前常务副部长、ENInvestment咨询公司首席执行官Yasser Elnaggar也出席了本此大会，并在由保尔森基金会与国际金融论坛联合主办的“国际金融峰会：金融科技的应用”论坛上参与讨论发言。会后，Yasser Elnaggar先生也就中埃两国在金融科技领域的合作，接受了环球网记者专访。

国际金融论坛（IFF）第16届全球年会（F20峰会）于11月22日到24日在广州召开。IFF理事、保尔森基金会副主席兼总裁戴青丽女士也出席了本此大会，并主持了由保尔森基金会与国际金融论坛联合主办的“国际金融峰会：金融科技的应用”论坛，会同中国互联网协会会长李东荣先生、维也纳经济大学加密经济学研究所所长舍尔明·沃斯米吉尔先生等多位嘉宾，就金融科技的创新与监管、金融科技与可持续发展、区块链的应用、金融科技的全球化等课题进行了对话和分享。

At a Thursday panel at Fortune's Global Tech Forum in Guangzhou, China, policy and industry experts discussed the potential of a U.S.-China decoupling and where technology companies fall in the two superpowers' trade and tech wars. Deborah Lehr, CEO of Basilinna and vice chairman and executive director of the Paulson Institute, offers a pragmatic view of the situation.

Egypt’s climate, population demographics and growing economy align with China’s own goals for pushing ahead on green energy, and for using this issue as a platform for deeper international partnerships. Whether cooperating on NEVs or tapping Egypt’s vast potential for renewable power, there are no signs that this relationship will be fading any time soon.

"Bloomberg: Balance of Power" focuses on the intersection of politics and global business. On October 1, 2019, amid the 70th anniversary of the founding of the PRC, Basilinna CEO Deborah Lehr was featured to discuss the future of China's economy and how U.S. companies should react.

On September 1st 2019, Basilinna CEO Deborah Lehr was featured on "Bloomberg Daybreak Americas" to discuss China's pivot to consumer & SME growth, China’s strategy as they head into trade negotiations with the U.S. next month, the effect of the 2020 candidates on U.S.-China relations, and the impact of events in Hong Kong on U.S.-China trade talks.

On August 1, 2019, Basilinna CEO Deborah Lehr was featured on "Bloomberg Markets: Asia" discussing the U.S.-China trade negotiations, including the biggest sticking point of the talks, the implications of the coming 2020 election, the Chinese negotiators and agricultural purchases by China.

Deborah Lehr, CEO of Basilinna and Vice Chairman and Executive Director at the Paulson Institute, discusses the state of U.S.-China trade talks with Bloomberg's David Westin.

Investing in green turns out to be a good deal as well as a good deed. China, which has now become one of the world’s largest markets for green finance, is showing how investing in sustainability is not only important for saving the earth but can bring about excellent returns for the investor. As Egypt seeks to “clean and green” the country while promoting economic growth, China’s example offers some insight into a path forward for Egypt.

Basilinna CEO, Deborah Lehr, was featured in sky TG24, discussing President Xi Jinping's visit to Italy, Italy joining the Belt and Road Initiative, and the U.S. reaction (interview in Italian).

ACAMS Today sat down with Deborah M. Lehr, to speak about her background, professional experience and her passion to protect human heritage. Lehr is chairman and founder of the Antiquities Coalition. Lehr is an accomplished global business strategist who has supported leading global firms and organizations to grow their presence in the world’s most complex markets.

Yemen’s deputy culture minister, Abdulhadi al-Azazi, remembers standing two years ago amid the rubble of a national museum in his war-torn hometown, Taiz.

The U.S.-China relationship is on a new trajectory that has profound implications for other regions. Even with a resolution to the trade war possibly on the horizon, this bilateral relationship is now confronting a systemic clash that – at its heart – centers around the race to commercialize transformative technologies like artificial intelligence, the Internet of Things, and self-driving vehicles. This clash will play out not just between the United States and China, but around the world, pressuring countries and leading tech companies to choose a side.

On his recent visit to Egypt, Chinese Vice President Wang Qishan noted that "both [of these] ancient civilizations share extensive interests and great cooperation potential." Egypt and China have much in common – a long and storied history, being a dominant power in their regions and strong potential for being partners in future growth. As China seeks to expand and diversify, there is much to attract a Chinese company to the land of the Great Pyramids.

中国国家副主席王岐山在访问埃及时表示：“两大文明古国有着广泛的共同利益和广阔的合作空间。”埃及和中国有很多共同之处，它们都是拥有悠久历史的区域大国，在未来增长中有巨大的合作潜力。随着中国不断扩大对外合作和多元化发展，埃及与中国相互吸引。

If an “economic iron curtain” falls, it will be in areas like the Middle East and Africa.

政府有必要打好“组合拳”，包括制定实施有效的政策、采取奖惩结合的措施以及建立有利于拉动投资和绿色发展的监管架构，从而吸引和撬动更多的社会资本。

With the world’s largest carbon trading exchange, huge green bond market and plethora of green private equity funds, China has shown that well-crafted regulatory, policy and financial frameworks can spur private interest in green finance.

政府有必要打好“组合拳”，包括制定实施有效的政策、采取奖惩结合的措施以及建立有利于拉动投资和绿色发展的监管架构，从而吸引和撬动更多的社会资本。

تدرس شركة Pintec الصينية، المتخصصة فى الحلول المالية التكنولوجية، دخول السوق المصرية ضمن خطتها التوسعية .

As Egypt eyes greater financial inclusion amid its drive towards comprehensive national development, digital transformation is key to achieving those goals.

Deborah Lehr, Basilinna CEO, is featured on Bloomberg Surveillance Podcast, discussing the prospect of the trade deal between China and the U.S.

Basilinna CEO Deborah Lehr is featured on Bloomberg Daybreak to discuss the latest U.S.-China storylines on multiple fronts---including Liu's He's visit and the ever-evolving Huawei news.

Zhou Jing, the president of Pintec Technology Holdings Limited ("PINTEC"), a leading independent technology platform enabling financial services in China, laid out her vision on Monday for how to drive financial inclusion globally, which will require providing financial products and services to meet the needs of individuals and businesses in a responsible and sustainable way.

In Yemen, tens of thousands of children have starved to death in a war led by Saudi Arabia that will soon enter its fourth year. Another 14 million — half the country's population — are at risk of starvation.

Basilinna CEO Deborah Lehr is featured on Bloomberg Daybreak (starting from 26:05 of the video), to discuss the foreign policy of President George H.W. Bush and its connection to the current U.S.-China relationship.

Basilinna CEO Deborah Lehr is featured on Bloomberg Daybreak, to discuss the foreign policy of President George H.W. Bush and its connection to the current U.S.-China relationship.

After Bloomberg's New Economy Forum in Singapore on November 7, The Paper did an exclusive interview with Deborah Lehr, the Vice President of the Paulson Institute, talking about the challenges in green finance development. The article is in Mandarin.

“对绿色这个词有共同理解非常重要。只有对‘绿色’有一个普适的、共同的定义，绿色金融才能成功地运作起来。” 澎湃新闻（www.thepaper.cn）记者在11月7日新加坡举行的首届彭博创新经济论坛会后，专访了保尔森基金会副主席戴青丽（Deborah Lehr）。就发展绿色金融的挑战，戴青丽给出了这个答案。

Mr. Schwartz, Former COO of Goldman Sachs: One of the most important take-aways from the crisis is the importance of strong leadership, the global coordination from individuals, institutions, governments and policy makers.

高盛前总裁兼联席首席运营官石赫伟表示，从危机中得到的最重要的一点收获是，强有力的领导力至关重要，无论是机构、地方政府，还是全球政策制定者之间的配合和协调。 2008年金融危机爆发时，石赫伟（Harvey Schwartz）正任职高盛。危机过去十年后，这位高盛前总裁兼联席首席运营官日前在北京分享了他的经历和教训，并与美国博思澜亚顾问咨询公司创始人兼首席执行官戴青丽（Deborah Lehr）一同分享了对中国经济、市场开放、全球贸易和“一带一路”倡议等热点问题的看法。

Mr. Schwartz said that for many decades interest rates have effectively been declining, creating very low interest rates, encouraging leverage and with the introduction of quantitative easing – ultimately helping to drive asset prices significantly higher. As we now see a shift to increasing interest rates or “quantitative tightening,” it is somewhat likely that certain institutions and countries may be impacted.

当前，国内外经济形势备受关注。在新一轮货币紧缩周期下，全球市场并不宁静，国内市场亦面临贸易摩擦、稳增长等压力。在此背景下，日前高盛集团原总裁兼联席首席运营官石赫伟、美国博思澜亚顾问咨询公司创始人兼首席执行官戴青丽接受了21世纪经济报道记者采访，就货币政策、贸易摩擦、金融危机反思等问题发表看法

One normal day, as I was getting ready for the daily grind and bemoaning my unhappy lot at a job I didn’t like, it dawned on me that maybe I should question my overall career trajectory. We have all been there. So, like the good consultant that I am, I decided to outsource expertise and hire a life coach. Actually, I just googled “life coaches” and found someone with great reviews. Most importantly, I knew I needed a fresh perspective and some decision-making tools.

For more than 20 years, I've worked with clients entering and expanding in the China market across all major business sectors and mainly Fortune 500 companies. Lately, there's been a major uptick in interest in capturing the China tourism market, and we have been working with new clients on how to tap into this formidable market

Sustainability has taken another step forward in Egypt this month. On July 18, the Egyptian government announced a regulatory framework for the issuance of green bonds to promote sustainable development. The challenge, however, will be finding projects qualified for the “green” designation, especially since the definition of what constitutes a sustainable project is yet to be standardized in Egypt – or in most markets for that matter. And implementation and enforcement mechanisms for these standards are even less defined.

As President Xi Jinping impels China to take a more active role internationally, the Middle East is becoming one of its key staging grounds. At a gathering of 21 Arab nations in Beijing this month, Xi pledged billions pledged billions in loans and financial aid to support economic development in these countries. At this Arab Summit, well attended by foreign ministers from across the Arab speaking world, the Chinese government successfully elevated their relationship with the region to a “strategic partnership.” Read more about this growing relationship.

In China, a person can go a whole day without touching cash. One can grab breakfast from a food cart, jump on the subway, buy lunch at a restaurant and a drink from a vending machine, head back home again, stopping off at the grocery store to pick up food for dinner – just using one’s phone. More than 527 million Chinese citizens are doing this every day.

Following threats of a trade war and new tariffs, the United States and China appear to have agreed on a framework for a trade agreement. Earlier this week I spoke with Deborah Lehr, the CEO of Basilinna, a close colleague of mine with deep expertise in China. Lehr is one of the world’s leading voices on US-China relations, having led US negotiations with China across all major sectors as a Deputy Assistant US Trade Representative during the Clinton Administration. Today she helps business executives solve problems and build successful partnerships in Chinese and Middle Eastern markets.

Deborah Lehr, CEO of Basilinna, discusses trade relations between the United States and China as the nations prepare to resume trade talks. She speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas."

据环球网科技此前报道，中国互联网络信息中心1月31日发布的第四十一次《中国互联网络发展状况统计报告》显示，我国手机支付用户规模增长迅速，截至2017年12月，达到5.27亿。 工信部总工程师张峰表示，截至2017年10月底，我国移动支付交易规模近150万亿元，居全球首位。

据环球网科技此前报道，中国互联网络信息中心1月31日发布的第四十一次《中国互联网络发展状况统计报告》显示，我国手机支付用户规模增长迅速，截至2017年12月，达到5.27亿。 工信部总工程师张峰表示，截至2017年10月底，我国移动支付交易规模近150万亿元，居全球首位。

Basilinna's CEO, Deborah Lehr, is interviewed on Bloomberg Markets: The Open.

Deborah Lehr speaks on BBC World on the possibility of tariffs and what that means for U.S.-China trade relations.

Deborah Lehr, CEO of Basilinna and vice chairman at Paulson Institute, discusses U.S. trade tariffs and the main issues to watch at China's National People's Congress. She speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas."

Deborah Lehr speaks with Bloomberg Surveillance on China markets and trade.

After years of development, the Belt and Road Initiative is increasingly helping Chinese companies to go global, besides driving regional and global economic growth, said the top executive of Basilinna, a US-based strategic business consulting firm. Deborah Lehr, CEO and founding partner of Basilinna and vice-chairman of The Paulson Institute, a Chicago-based think tank and research institution, said Chinese companies are now ramping up their efforts to expand overseas.

After two years traversing the country, China's green inspection teams are back in Beijing and the results are in: 2,900 businesses and more than 18,000 people have been held accountable for violating central-level edicts to clean up the environment. How did the "green teams" hit these staggering numbers?

China has rapidly emerged at the forefront of the new energy vehicles (NEV) market — not by choice, but by necessity. As the largest carbon emitter in the world, lowering energy emissions from transportation is a core part of its war against pollution.

Liu He, a member of the Political Bureau of the CPC Central Committee, and the director of the office of the Central Finance Leading Group, delivered a speech on “China’s Economic Policy” at the World Economic Forum (WEF) in Davos on January 24th.

China will not close its door to the world, and indeed will become increasingly open, such as in business, which will become more transparent and better regulated, President Xi Jinping said. He made the pledge in a message of congratulations at the start of the Fortune Global Forum in Guangzhou on Dec 6 in which more than 1,100 prominent political, economic and academic figures from around the world took part.

As the slow wheels of government inch toward policies that lead to cleaner air, Egyptian drivers could hold the key to a faster result, with the answer provided by an unlikely partner – Chinese auto companies. The steadily growing demand for ground transportation has Egypt facing fast growing levels of greenhouse gas emissions, with 50 percent stemming just from vehicles.

Much has been made of China’s grand building plan for the Belt and Road Initiative, but little attention is focused on the “green” standards that China is proposing to receive this investment. Launched in 2013 by China’s President Xi Jinping, the B&R is a one-trillion-dollar plan to finance infrastructure investments spanning over 60 countries and covering three quarters of the world’s population.

“We need to start moving [sustainability] out of the philanthropic world into the mainstream world of finance,” Deborah Lehr, the CEO and founding partner of Basilinna and vice chairman of The Paulson Institute, told the Fortune Global Forum in Guangzhou, China, on Thursday. To that end, green finance—the financing of investments that generate environmental benefits—is key.

China has an intersection of craftsmanship and computer science, (which is) rarely found in other places. Many companies see China as a big market, but for us the main attraction is the quality of people. We have now about 2 million application developers in China (on Apple's App Store).

Deborah Lehr discusses key message sent by Chinese leaders at the Fortune Global Forum in an Interview with CGTN America.

Deborah Lehr, CEO and Founding Partner, Basilinna LLC; Vice Chairman, Paulson Institute, will moderate the Free Trade Zones; Opportunities and Impacts panel at the Fortune Global Forum on December 7th in Guangzhou, China. The Fortune Global Forum convenes high level executives to discuss openness and innovations in the global economy.

President Trump's trip to China exemplifies what I call his "head of state" diplomacy: prioritizing personal relationships with his foreign counterparts. Trump's style has been criticized, but it is starting to yield real results for U.S. business interests.

With all eyes on President Trump’s first state visit to the Middle Kingdom, the most salient recent development for the global business community may come from the Chinese Communist Party’s Congress.

At last month's party congress, President Xi Jinping announced his new Politburo standing committee — China's seven most powerful men. Now attention has turned to the government appointments coming at the National People's Congress in March.

The Paulson Institute and the Center for Finance and Development of Tsinghua University National Institute of Financial Research co-hosted a roundtable discussion on Belt & Road and Green Finance in Beijing, which is one of a series of roundtable discussions on green finance.

President Xi Jinping, center, presides over the opening ceremony of the 19th Party Congress held at the Great Hall of the People in Beijing. President Xi Jinping used the Communist Party's 19th Congress in Beijing to call for an invigorated economy at home and a stronger role for the party — of which he will now be "chairman," a title last held by Mao Zedong, the founder of the People's Republic of China.

China is aggressively expanding in key regions and commercial sectors as the country seeks to become a global economic leader. Chinese President Xi Jinping has launched his signature foreign policy programme, the Belt and Road Initiative (B&R), to finance projects and programmes along a modern Silk Road and solidify ties with governments from Asia and Africa to the Middle East and Europe.

China’s “Belt and Road Initiative” is likely to transform trading routes from Asia to Africa, the Middle East to Russia. With the world’s largest foreign reserves and a determination to build political and economic ties with strategically important governments, China is helping finance much-needed major infrastructure projects along the modern Silk Road.

Deborah Lehr, Vice Chairman of the Paulson Institute and a key speaker at the forum, told the Global Times in an exclusive interview on Wednesday that the G20 Green Finance Study Group has helped elevate on green finance.

For nearly 600 years, under the imperial tributary system of the Ming and Qing dynasties, foreign “barbarians” travelled to Beijing to kowtow to the emperor in order to trade with China.

Basilinna's CEO Deborah Lehr discusses Trump's announcement on possible trade action with China on Bloomberg news.

Basilinna's CEO speaks on the U.S.- China Economic Dialogue and what to expect.

CEO and Founding Partner, Deborah Lehr, sat down for an interview with Shenzhen Media Group to discuss U.S. China Relations.

In late 2010, an anonymous Chinese buyer snapped up a plundered 18th century Chinese imperial porcelain vase valued at $1.3 million for a stunning $86 million. A year later, a Chinese bidder purchased another vase from the Middle Kingdom for $18 million – more than 20,000 times the suggested price of $800.

Trends across key indicators -- from disparate demographics, slowing economies, military might, environmental degradation and the lack of cohesiveness amongst the Asian countries -- all threaten to undermine the Asian powerhouse.

On Wednesday, Feb. 15, 2017, Basilinna CEO Deborah Lehr participated in a debate at the McCain Institute for International Leadership at Arizona State University. The focus of the debate was “U.S.-China Policy: How Do We Get Tough?”

Basilinna CEO, Deborah Lehr, joined a panel of distinguished speakers on January 26, 2017 to debate "The End of the Asian Century," the title of Michael Auslin's latest book. Dr. Auslin, a historian, Resident Scholar and the Director of Japan Studies at the American Enterprise Institute and panelist, developed a risk map for Asia in five key areas that bring into question the continued rise of the region.

If you asked a Trump voter why they supported their candidate during the 2016 election, you were likely to hear ‘he’s a businessman, not a politician. He’ll run the country like a business.' Very few CEOs run successful businesses without building a core team of advisers with broad, diverse backgrounds and perspectives.

Mark Zuckerberg’s New Year’s resolution to launch a 30-state tour of the United States in 2017 has led to speculation that he is weighing a future in elective office. “After a tumultuous last year,” Zuckerberg wrote in a Facebook post, “my hope for this challenge is to get out and talk to more people about how they’re living, working and thinking about the future.”

Standing at about 6 feet tall, Chinese President Xi Jinping cuts an imposing figure, especially compared to the famously diminutive Deng Xiaoping, the transformative leader who, after Mao Zedong’s death in 1976, guided China through monumental reforms from 1978 until his formal retirement in 1989.

The economic situation in Egypt is difficult yet manageable and China is a major economic supporter to the Arab country, said lawmakers and economic experts in a press conference held Wednesday at the State Information Service (SIS) headquarters in Cairo.

As leaders in the global financial community gathered in Washington for the annual IMF/World Bank meetings, the hottest ticket in town was for a technical discussion on green finance.

A Tribute Ceremony to honor ten individuals and groups for their extraordinary contributions to the global campaign against violent extremism was held last night, September 22, at The Metropolitan Museum of Art.

Saving our planet from the worst effects of climate change won’t be cheap. A new report from the United Nations says that the world will need to mobilize $90 trillion in public and private capital over the next 15 years.

Principal Deputy Minister for Planning, Ambassador Yasser Elnaggar, interviews with Youm7 newspaper for their Euromoney issue

أكد السفير ياسر النجار، مساعد أول وزير التخطيط، وعضو مجلس إدارة الشركة القابضة للصناعات الكيماوية، أن مؤتمر اليورو منى من المؤتمرات المهمة، والذى يلقى الضوء على أبرز الفرص الاستثمارية فى مصر، وأيضا يعرض ما تم من إصلاحات اقتصادية

With broad concerns that the U.S. stock market may be overheated and turmoil in Europe following Brexit, long-term global investors are desperate for good news. This week, we got some when Argentina’s president, Mauricio Macri, opened a three-day conference in Buenos Aires for top global CEOs and investors .

Basilinna congratulates on the G20 member countries for the bold move of including green finance as a integral part of the final Communique of their meeting in Hangzhou, China in September 2016.

For three decades, China's growth was fueled by government investment and exports of manufactured goods, but rapid growth and urbanization created serious environmental problems.

Brussels has long been a destination of choice for those illegally trafficking antiquities—a category that potentially includes the funders of terrorism that has taken lives throughout the West in recent months.

Beijing—The Paulson Institute joined the Office of the Central Leading Group for Financial and Economic Affairs on June 16 to witness the signing of the first letters of intent for projects to receive funding from the Building Energy Efficiency and Green Development Fund.

With last month’s high-profile signing ceremony of the Paris Agreement by 174 countries at the United Nations, the complicated process to turn these historic commitments on climate change into reality has begun. Yet away from the cameras, the more difficult process of financing implementation of these commitments is getting a boost from what may seem an unlikely source: the Chinese government.

China and the U.S. are bulking up the size and scope of a fund created to finance green projects to about $3 billion, according to two people familiar with the decision. The capital boost will increase the fund’s size by 50 percent from $2 billion and broaden its investment mandate to green projects beyond just improving the energy efficiency of buildings, said the people, who asked not be identified because the information isn’t public.

With last month’s high-profile signing ceremony of the Paris Agreement by 174 countries at the United Nations, the complicated process to turn these historic commitments on climate change into reality has begun. Yet away from the cameras, the more difficult process of financing implementation of these commitments is getting a boost from what may seem an unlikely source: the Chinese government.

Washington, DC—The Paulson Institute and the Green Finance Committee of China Society for Finance and Banking convened a half-day symposium of global finance leaders and experts to discuss recommendations for the development of robust global green finance mechanisms and markets.