ADB adds funding for Green Cities Project in China
The Asian Development Bank has approved $150 million in additional financing for a project that is helping clean the environment and improve the living conditions in the four Chinese coal-dependent cities: of Hegang, Jixi, Qitaihe, and Shuangyashan in Heilongjiang Province.
The Heilongjiang Green Urban and Economic Revitalization Project is expected to be completed in 2023.
The project will benefit about 2.73 million urban residents through improved competitiveness and access to finance of small and medium-sized enterprises and more job opportunities in non-coal sectors.
It will also provide a cleaner and greener urban environment and transform the public image of the cities through cleaning up sites affected by coal mining; better water supply, sewers, district heating, flood protection, roads, road safety, and public transport; greater environmental and traffic safety awareness through public education programs; and closer cooperation between the four project cities in tourism promotion, logistics and trade, supply chain integration, and digital technology use.
