JinkoSolar is Promoting the B20 Policy Paper as Co-Chair of the B20 German ECRE

SHANGHAI, April 17, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company"), a global leader in the Photovoltaic (PV) industry, today announced that after over six months of intensive meetings and discussions, the B20 Germany ECRE Taskforce Policy Paper has been developed. JinkoSolar, as co-chair of the B20 Germany ECRE (Energy, Climate and Resource Efficiency), and the world's largest PV module manufacturer, had been working with BASF, Continental, Enel S.p.A., Gamesa and other 8 world famous organizations and enterprises to promote the B20 Policy Paper.

The B20 German ECRE Taskforce has proposed three main recommendations and corresponding policy actions further presented to G20 to push policy related reform and promote global sustainable and balanced development. The B20 Summit 2017 will be held on May 2-3 in Berlin, Germany with the aim to find solutions for common global challenges. JinkoSolar will attend this conference on behalf of Chinese enterprises.

Please find a summary of the B20 Germany ECRE Taskforce Policy Paper below.

Recommendation 1: Curtail Climate Change - The G20 should curtail climate change by implementing the Paris Agreement and developing consistent and robust carbon pricing.

Policy Action 1.1: Implement the Paris Agreement - The G20 governments should support the UNFCCC in developing an effective Paris rule book with close business participation, submit NDC with high and comparable ambition levels, and develop transparent national long-term low GHG emission development strategies.

Policy Action 1.2: Drive Carbon Pricing - The G20 should establish an intergovernmental G20 Carbon Pricing Platform as a forum for strategic dialogue to create a basis for global GHG emissions pricing mechanisms, and to phase out inefficient fossil fuel subsidies, using its revenues to finance an energy transition that benefits everyone.

Recommendation 2: Foster the Global Energy Transition - The G20 should accelerate the market readiness and deployment of low-carbon technologies through effective and predictable energy policies, a joint innovation agenda, and strengthened Energy Access Action Plans.

Policy Action 2.1: Develop Effective and Predictable Energy Policies - The G20 should promote effective and predictable policies for accelerated investments into low-carbon technologies by broadening the technology scope of the G20 Voluntary Action Plan for Renewable Energy and developing an energy policy toolkit.

Policy Action 2.2: Accelerate Energy Innovation - The G20 should develop a G20 Energy Innovation Action Plan to accelerate the market readiness of innovative technologies, business models, and digital solutions that can contribute to large GHG emissions reductions within the next decades.

Policy Action 2.3: Enhance Energy Access - The G20 should strengthen the G20 Energy Access Action Plans by supporting the development of national, urban and rural action plans, and by mobilizing private sector participation in sustainable infrastructure development.

Recommendation 3: Advance Resource and Energy Efficiency - The G20 should advance resource and energy efficiency by establishing a Resource Efficiency Platform and translating the Voluntary Energy Efficiency Investment Principles into a policy toolkit.

Policy Action 3.1: Improve Resource Efficiency - The G20 should establish an intergovernmental G20 Resource Efficiency Platform as a forum for international collaboration with the goal of reducing the resource intensity of the world economy.

Policy Action 3.2: Accelerate Energy Efficiency - The G20 should accelerate the efforts within the G20 Energy Efficiency Leading Programme by translating the Voluntary Energy Efficiency Investment Principles into a policy toolkit.