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00:00 I'm here on a cold day in Fuzhou.

00:04 Fuzhou is an old historic city in Jiangxi province in the south of China.

00:10 Now this is an important location because it will be,

00:13 it's not just the historic city,

00:15 it will be the location of the World Bank financed eco-industrial zone project.

00:21 And this is in Jiangxi province,

00:23 which is the first province under the project that has committed

00:27 that all of its industrial zones in the province

00:30 will meet international standards for being green industrial zones,

00:35 and the work

00:36 in that direction starts here in Fuzhou.

00:39 So behind me is an abandoned lake

00:41 that currently receives some

00:44 rainwater and some other drainage water.

00:47 Originally it was used for irrigation,

00:49 but The project,

00:50 this whole lake will be transformed into a recreational zone.

00:54 It will collect all of the drainage water from the neighboring areas in the zone.

00:58 That water can then be used to clean

01:01 the facilities of the industrial zone.

01:04 It can be used to irrigate the gardens and the plants,

01:07 and it will provide both a natural flood control mechanism

01:12 and a way

01:13 to clean the water naturally before it's released back into the full river.

01:18 Now this is just one aspect of this industrial zone project,

01:22 which also includes

01:24 building new facilities that are certified to the

01:27 EEG standard.

01:28 That's a high level of energy efficiency standard,

01:31 and this is really important because

01:33 by making sure that all buildings in the zone are edge certified,

01:37 we can reduce emissions,

01:39 carbon emissions by up to 30%.

01:42 And this is one way in which China through

01:44 its industrial zones can contribute to President Xi's.

01:48 The goal of achieving carbon neutrality by 20,160.

01:52 We need to remember that 70% of all CO2 emissions in China come from industrial zones

01:59 such as this one here in Fuzhou.

02:00 And so this project is a really important pilot and demonstration

02:04 to help China achieve its climate ambitions

02:07 and in line with a new country partnership facility that is aiming

02:11 to be much more selective and focused on global public goods.

02:14 That's why this project is important.

02:16 That's why I'm here this afternoon.

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transcript
I'm here on a cold day in Fuzhou. Fuzhou is an old historic city in Jiangxi province in the south of China. Now this is an important location because it will be, it's not just the historic city, it will be the location of the World Bank financed eco-industrial zone project. And this is in Jiangxi province, which is the first province under the project that has committed that all of its industrial zones in the province will meet international standards for being green industrial zones, and the work in that direction starts here in Fuzhou. So behind me is an abandoned lake that currently receives some rainwater and some other drainage water. Originally it was used for irrigation, but The project, this whole lake will be transformed into a recreational zone. It will collect all of the drainage water from the neighboring areas in the zone. That water can then be used to clean the facilities of the industrial zone. It can be used to irrigate the gardens and the plants, and it will provide both a natural flood control mechanism and a way to clean the water naturally before it's released back into the full river. Now this is just one aspect of this industrial zone project, which also includes building new facilities that are certified to the EEG standard. That's a high level of energy efficiency standard, and this is really important because by making sure that all buildings in the zone are edge certified, we can reduce emissions, carbon emissions by up to 30%. And this is one way in which China through its industrial zones can contribute to President Xi's. The goal of achieving carbon neutrality by 20,160. We need to remember that 70% of all CO2 emissions in China come from industrial zones such as this one here in Fuzhou. And so this project is a really important pilot and demonstration to help China achieve its climate ambitions and in line with a new country partnership facility that is aiming to be much more selective and focused on global public goods. That's why this project is important. That's why I'm here this afternoon.
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Martin 4
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Martin 4
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China is the world’s largest emitter of greenhouses gases (GHGs), accounting for over a quarter of global emissions. More than 2,500 industrial parks across China house the majority of the country’s industrial production, which is responsible for around 70 percent of environmental pollution and GHG emissions. Greening of industrial parks can play a significant role in meeting China’s 2060 carbon neutrality target. World Bank China Country Director Martin Raiser recently visited the World Bank-financed Jiangxi Eco-Industrial Park Project. Watch his vlog from the field.
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