Beijing gives incentives to environmental protection projects

Beijing municipal government has officially launched an incentive plan on air-pollution-control technological transformation projects this week with the highest incentive award of 20 million yuan (3.3 million US dollars) for a project, People.cn reports.

Those control projects including volatile organic compound abatement, nitric oxide management, and desulphurization and dust removal.

Beijing has launched 116 projects, of which 38 air-pollution-control technological transformation projects from 4 groups have been approved, with financial support of some 113 million yuan (18.4 US dollars) obtained.

It is reported that Beijing Municipal Financial Department has a special fund of 3 billion yuan (488 million US dollars) annually for air pollution control projects.