Background
Since the beginning of 2020, demand for green energy among European manufacturing companies based in Tianjin has become increasingly urgent, due to concrete global targets set by their headquarters aimed at reducing carbon emissions within the next five to 10 years. However, there is currently a shortage of renewable energy resources in Tianjin that can enable these companies to reach their binding goals. As a result, advocating for access to green energy has been one of the European Chamber’s Tianjin Chapter top priorities over the past 18 months.
Result
In July 2021, preparation for the trading of green electricity in Tianjin got underway. In addition, surveying green energy demand among companies has gradually started.
Impact
- Swift resolution of export restriction issues for medical device companies;
- Strengthened supply chain continuity during the pandemic;
- Enhanced international contribution from member companies in combating COVID-19.
Leave a Reply