An estimated investment of at least 1.87 trillion yuan ($ 293 billion) is needed to meet the target of the national plan to control air pollution, and current funds are inadequate, said a report on Thursday.
A report, titled Investment Requirements and Potential Effects of Implementing China's Air Pollution Prevention and Control Action Plan, was released by Clean Air Alliance of China (CAAC) in Beijing on a hazy Thursday. CAAC is an environmental think tank initiated by ten of China's top universities and government environmental institutions.
The report is based on two-year field research led by the Chinese Academy for Environmental Planning and Nanjing University on airborne pollution and its prevention and control in northern China's Beijing-Tianjin-Hebei (Jingjinji) region, eastern China's Yangtze River Delta region and southern China's Pearl River Delta region and other places.