Notice of issuance of “Various Measures for Promoting Climate Investment and Financing in the Guangzhou Nansha New District”
On 28 September 2023, the Office of the Guangzhou Nansha District Administrative Committee and the Office of the People’s Government of Guangzhou Nansha District issued the “Various Measures for Promoting Climate Investment and Financing in the Guangzhou Nansha New District” (“the Measures”). The Measures proposed that for equity investment funds registered in Nansha District and invested in the climate investment and financing project of the Guangdong-Hong Kong- Macao Greater Bay Area for at least two years, RMB1 million will be rewarded if the total investment of a single fund reaches RMB16 million or the equivalent foreign currency. The accumulative rewards granted to a single fund will not exceed RMB10 million. The Measures will be effective from 28 September 2023 and be valid until 31 December 2025.