Our Journey
A look back at the meaningful moments that shaped our foundation's path.
Projects
A glimpse into our foundation’s impactful past.
Core PER Standard System
To ensure the authenticity and effectiveness of carbon credits, the Foundation has established a rigorous scientific baseline and governance framework, ensuring that each unit of carbon credit certified corresponds to real, measurable, and additional climate action. This guides capital toward projects with genuine emissions reduction impacts and supports the achievement of global climate goals.
The core mission of the PER standard is to balance stakeholder interests, advocate the highest standards of climate and financial additionality, and promote low-cost, high-efficiency verification, reporting, and compliance procedures. The standard integrates several key innovations, including optimized additionality assessment mechanisms, integrated implementation of environmental protection and community development goals, scientific reinforcement of carbon storage permanence, and effective prevention of carbon leakage risks.
To ensure rigor, the Foundation has built a multi-tier governance system encompassing a Board of Directors, Audit Committee, Technical Standards Committee, External Advisory Group, and Stakeholder Relations Team, alongside an independent second-party assessment team for quality review. In practice, the Foundation has introduced digital tools to streamline project development, improving transparency while reducing operational costs. It has also pioneered a “second-party opinion” mechanism to help investors identify high-quality carbon credits, enhance market confidence in voluntary carbon markets, and promote quality-based pricing of carbon credit products.
International Cooperation, Exchange, and Frontier Research Projects
In November 2025, the Foundation co-hosted the International Conference on National Carbon Emission Factor Databases with University College London. The conference brought together key Chinese policymaking bodies — including the National Development and Reform Commission, Ministry of Ecology and Environment, National Bureau of Statistics, and National Center for Climate Change Strategy — with international authorities such as the UK Department for Energy Security and Net Zero, the United Nations Environment Programme, ETH Zurich, and Swiss Re. The dialogue advanced cooperation between China, the UK, and Europe on carbon emission factor database development, harmonization of carbon accounting standards, and application of climate data in financial disclosure, significantly enhancing the Foundation’s leadership and international influence in global climate data governance.
The Foundation also collaborated with domestic partners in China on projects including “Updating the Green Credit Self-Assessment Indicator System for the Bank of China” and “Exploratory Research on Climate Stress Testing Assessment in China’s Banking Sector.” These initiatives systematically reviewed domestic and international progress in banking climate stress testing, compared mainstream climate risk scenarios, proposed innovative climate risk value modeling methods, developed methodological guidelines and development pathways, and initiated construction of an industry transition database.
Further work included “Blended Finance Project Development Pathways and Case Analysis,” summarizing domestic and international blended finance models and tools through industry research and empirical analysis to provide policy guidance for project implementation; and advancing research on “Setting Monitoring and Evaluation Indicators for Banking Climate Transition Project Targets,” focusing on Scope 3 emissions accounting methods in the banking sector, supporting financial institutions in setting credit-related carbon reduction targets, and guiding enterprises to accelerate their transition toward carbon neutrality.
Green Finance Innovation and Climate Governance Projects
In cooperation with Chinese and German partners, the Foundation co-hosted a Climate Risk Stress Testing Workshop on 5 November 2025, bringing together representatives from China’s Ministry of Ecology and Environment, National Financial Regulatory Administration, China Banking Association, and multiple financial institutions. Centered on China’s “30–60” dual-carbon goals, the workshop focused on scientific, concise, and forward-looking methodologies for transition risk stress testing.
At the event, the Foundation released key research findings: incorporating carbon emissions forecasting and transition capability analysis into stress testing frameworks, and completing dynamic stress tests for eight pilot banks covering 2024–2030. Four key recommendations were proposed: establishing unified models and standards; encouraging financial regulators to optimize and open databases; incorporating more policy instruments into stress testing; and extending models to insurance, securities, and other financial institutions. These outcomes provide important references for improving climate risk stress testing guidelines for China’s banking sector.
The Foundation also supported Chinese partners in cooperation with the Guangdong Provincial Department of Ecology and Environment on the “Guangdong Climate-Friendly Project Database Management and Evaluation System Study,” producing key results such as a climate-friendly project classification catalogue and entry process, an evaluation system aligned with financial institution needs, and exploration of linkages with carbon reduction alternative mechanisms.
Additionally, the Foundation participated in the preparation of the “Zhejiang Province Marine (Blue) Finance Development Research Report,” which systematically analyzed financial support gaps in building a strong marine economy, designed innovative marine finance investment and financing models, and proposed funding保障 solutions for sustainable marine economic development.
Industry Capacity Building and Exchange Programs
In collaboration with financial regulators and institutions, the Foundation developed training materials and question banks, and delivered targeted one-to-one training to systematically enhance green finance capabilities among financial practitioners, supporting regional low-carbon transition strategies.
The Foundation fully supported the China Guangdong-Hong Kong-Macao Greater Bay Area Green Finance Skills Competition, held in September 2025 in Nansha, Guangzhou. The competition was jointly guided by the Credit Market Department of the People’s Bank of China, the Policy Research and International Cooperation Departments of the National Financial Regulatory Administration, and the Climate Change Department of the Ministry of Ecology and Environment, and organized by the China Financial Trade Union. It engaged 70 financial institutions across the Greater Bay Area and attracted nearly 50,000 financial professionals, focusing on core competencies such as climate transition risk stress testing, investment and financing carbon accounting, and business innovation.