Italian Trust Fund

The World Bank, the Government of Italy, and the Government of China established an Italian Trust Fund For Environmental Protection in China in the amount of US$ 8.5 million in July 2004.
The trust fund aims to support China's long-term strategy for balancing economic growth with sustainable natural resource use and environmental management, with a particular emphasis on climate change.
Currently, a specific study on Policy and Legal Framework for Promoting Circular Economy is selected and funded by the Italian Trust Fund.
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