"Achieving carbon neutrality may need trillions of yuan in investment and decades of continuous effort,” Zhang Lei, founder of Hillhouse Capital said during a speech in mid-March (in Chinese).
Zhang was speaking at the China Development Forum in Beijing, an event attended by high-level officials from China and abroad. It’s a pretty big deal, and the first major international conference that’s held after the conclusion of the Two Sessions, China’s biggest annual political meeting.
“...As a VC/PE organization, we have to be involved in something this big,” the investor and entrepreneur said, referring to China’s push to cut carbon emissions—a major theme at the event.
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