Shandong Green Development Fund

Overview

Shandong Green Development Fund is a fund of funds based in Beijing, China, focusing on green investments. The fund was established to catalyze private finance for climate-positive infrastructure and business in Shandong Province, aiming to support projects that address climate change and promote the transformation of green, low-carbon industries. It operates as a market-oriented policy fund, leveraging both public and private capital to achieve its objectives. The fund's main sources of capital include state-owned enterprises in Shandong, international financial organizations, and the domestic private sector. It supports a portfolio of mitigation and adaptation subprojects assessed against both climate and financial eligibility criteria. The fund's investment strategy includes sectors such as energy conservation and emissions reduction, clean energy, the circular economy, environmental protection and governance, and green intelligent manufacturing. It targets growth, late-stage, and pre-IPO investments, with a geographical focus on China. The fund's investment size ranges from $100 million to $1 billion. Its mission is to facilitate climate change mitigation and adaptation by supporting projects that reduce carbon emissions and enhance climate resilience. The fund's investment philosophy emphasizes leveraging private capital to achieve significant environmental impact, aiming to reduce CO₂ emissions by at least 37.5 million tons and improve climate resilience for at least 7.5 million people. It is a pioneer in green finance in China, setting a model for other regions and contributing to the country's commitment to sustainable development. The fund's track record includes financing for various projects in sectors such as energy conservation, clean energy, and environmental protection, demonstrating its commitment to promoting green development in China.

Investment Focus

• Projects must address climate change and promote green, low-carbon industries.
• Investments are assessed against both climate and financial eligibility criteria.
• Target sectors include energy conservation, clean energy, circular economy, environmental protection, and green manufacturing.

Portfolio Companies