AZ

China's experience to likely expedite SMEs' decarbonization adoption

BAKU, Azerbaijan, October 2. China's experience
in pollution control can help accelerate the adoption of small and
medium-sized enterprises (SMEs) in the decarbonization process, Ma
Jun, Founding Director, of the Institute of Public C Environmental
Affairs (IPE), Beijing, China, said, Trend reports.
He made the remark in a video message at a panel discussion on
“: Supporting SMEs in the Green Transition” held on the third day
of the international conference at the Climate Action Week in
Baku.
“China has been helping SMEs decarbonize in recent years. A
recent global stock market analysis showed a large gap to close as
extreme weather events increase worldwide. Large multinational
firms and financial institutions have pledged to carbon neutrality,
but SMEs face major obstacles. They are crucial to global supply
systems and often emit SCOPE 3 emissions. We believe China's ten
years of pollution control experience can accelerate this process,”
emphasized Ma Jun.
According to him, the bedrock of all these initiatives has been
the widespread rollout of data monitoring and transparency, paving
the way for the BlueMap database, which keeps tabs on the
performance of around 16 million companies doing business in
China.



“In the face of climate change, we believe it is important to
start by building the infrastructure to collect carbon emissions
data. We have built a national data infrastructure that covers not
only the country as a whole but also individual provinces and
cities. This also helps government agencies implement mandatory
data disclosure requirements, systematize corporate emissions
figures, and make them more accessible,” he added.
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