On September 22, 2020, China officially announced its national goal to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, often referred to as the “30-60 Shuang-Tan” goals. Since then, China’s carbon peaking and carbon neutrality (or “Shuang-Tan”) investment has embarked on a fast track. China’s National Center for Climate Change Strategy and International Cooperation (NCSC) estimates that, to achieve carbon neutrality by 2060, China would need to mobilize massive capital of about CNY 139 trillion, or about CNY 3.5 trillion on an annual basis.[1] According to Mr. Lu Zhengwei, chief economist of China’s Industrial Bank, the current scale of China's climate investment and financing is expected to exceed CNY 10 trillion. Yet, compared to the huge capital demand of climate investment for achieving the carbon neutrality goal, we are still in the early stage of development. It is our hope that, with the favorable policy support, venture capital will become an important driving force for “Shuang-Tan” technologies to get to the commercial scale and enter millions of households, and accelerate the transition to a carbon-neutral era.
Global investors are increasingly paying more attention to emerging climate technologies, one of the hottest investment tracks in recent years given its huge growth potential and market size. Figures from CTVC[2] show that global climate-tech startups have raised US$ 40 billion in 2021. A majority - about 80% - of those global climate-tech startups are headquartered in the United States or Europe. At the same time, China's growing investment into “Shuang-Tan” sectors - a BNEF research report suggests that China's investment in low-carbon technologies reached US$ 266 billion in 2021, accounting for 35% of the total global investment[3] - is of vital importance for the global low-carbon transformation, by creating new opportunities and adding momentum into the global climate-tech investment landscape. Going forward, we hope to see more and more Chinese innovative climate tech startups entering into the global space, participating and contributing to the global carbon neutrality cause.
The rapid development of the Internet has created a "Golden Decade" of China's venture capital industry. Given that the profitable opportunities of the internet times have become less attainable, “Shuang-Tan” investment will pick up the baton to reinvigorate venture capital industry in China.
While communicating with many investors and entrepreneurs working in this space, one common obstacle faced by VCs and entrepreneurs was to find suitable candidates. Information barriers and the lack of venture capital pools that focus on "Shuang-tan" are the pain points for domestic primary market to solve. The China“Shuang-Tan”Investor Listing strives to connect interested“Shuang-Tan”investors with entrepreneurs, and tell the story of China's carbon peaking and carbon neutrality innovation and green investment to the world.
What do we offer?
• China “Shuang-Tan” Investor Listing (focusing on climate tech PE/VC investors and deals)
• Community events and dialogues for "Shuang-Tan" investors
• First-hand coverage and reporting on "Shuang-Tan" related investment and financing happening in China
The “Shuang-Tan” technology and venture investment scene in China is fast evolving. We envision that the China “Shuang-Tan” Investor Listing will serve as an information-sharing platform for various stakeholders, to lower the information barriers for "Shuang-Tan" investors, to connect and empower investors in finding the next "Shuang-Tan" unicorn.
We strive to provide first-hand reporting on cutting-edge "Shuang-Tan" tech and investments in China, therefore we sincerely invite Chinese investors who are passionate about “Shuang-Tan" technologies and investments to by subscribing to our website and database for collaboration opportunities.
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36Kr is a leading brand and pioneering platform serving the participants of China's new economy. We provide cutting-edge and in-depth business reporting, and capture trends and values. Our slogan is: let a few see the future first.
36 Carbon is one of the sub-brands/accounts of 36Kr (a media brand), focusing on the topic of low-carbon economy, and the reporting of "Carbon Peaking, Carbon Neutrality, and ESG" in a professional, digestible, and appealing manner.
The Listing of Chinese “Shuang-Tan” investors covers PE, VC, CVC and publicly owned venture funds (typically as catalytic funding for guiding and fostering targeted industrial development).
Definition of "Shuang-Tan" investment: an investment event that can help China achieve the goals of carbon peaking by 2030 and carbon neutrality by 2060.
Based on the potential contribution towards achieving China's "Shuang-Tan" goals, we’ve identified the following 18 sectors as relevant "Shuang-Tan" investment sectors for this project. They are:
Electric vehicles
Grid/power transmission
Green transportation
Energy storage
Photovoltaic
Hydrogen energy
Lithium batteries
New materials
Industrial manufacturing
Circular economy
Low-carbon buildings and construction
Digital technology for carbon accounting and consulting
Wind energy
Other renewable energy (nuclear, geothermal, etc.)
Low-carbon consumer goods
Agriculture
Bio-Tech
CCUS
Photovoltaic
Lithium batteries
Electric vehicles
Grid/power transmission
Green transportation
Digital technology for carbon accounting and consulting
Energy storage
Circular economy
Other renewable energy (nuclear, geothermal, etc.)
New materials
