Isra-Tech | april 2023

China's commitment to reducing greenhouse gas emissions and promoting sustainable development has made it a global leader in ClimateTech. The government's ambitious targets to achieve carbon neutrality by 2060 have resulted in the implementation of various policies, projects, and programs to promote the growth of the ClimateTech ecosystem. The Chinese government has launched subsidies and tax incentives for companies developing renewable energy technologies such as solar and wind power. China is also investing heavily in the development of electric vehicles, smart grids, and carbon trading programs to reduce carbon emissions and promote sustainable development. This growing ClimateTech ecosystempresents numerous opportunities for Israeli companies. Israel is known for its innovation in cleantech and energy and has developed cutting-edge technologies in areas such as water treatment, renewable energy, and smart grids. Israeli companies could provide innovative solutions to help China address its water challenges, such as desalination technologies, wastewater treatment, and water reuse systems. Similarly, Chinese companies and investors could benefit from Israeli technologies in solar power, energy storage, and smart grids. The trade and investment mission at the Embassy of Israel in China plays a crucial role in promoting the ClimateTech sector and connecting Israeli companies with Chinese partners. Themission provides a range of services such asmarket research, businessmatchmaking, and networking events to showcase Israeli innovations in the ClimateTech sector and connect Israeli companies with Chinese investors and partners. In conclusion, with the support of the Chinese government and the work of the Trade and Investment mission at the Embassy of Israel in China, Israeli companies have a unique opportunity to contribute to China's efforts to achieve sustainable development and access the Chinese market. This partnership can be mutually beneficial as China can benefit from Israeli technology while Israeli companies can access the growing Chinese market. Together, Israel and China can drive innovation and progress in the global fight against climate change. Yoav Haimi Photo: Dana Tamari China can benefit from Israeli technology Yoav Haimi - Head of Trade and Investment Mission at Embassy of Israel in Beijing, China: the Brazilian audience and ‘The Energy sector in Brazil’ for the Israeli audience. We promoted local challenges competitions to Israeli companies that decided to participate and some also won. We also helped Israeli companies to meet partners in Intersolar America exhibition. For 2023 , we are planning to continue to promote the sector with more B 2 B days and pitching sessions for leading Energy companies in Brazil, participate in local events to learn more about the trends and new players, visit Intersolar exhibition to help the Israeli companies and have a virtual event - ‘Energy for Latam’ that will include all the trade missions of the area. The idea is to generate business meetings for Israeli companies with all the relevant stakeholders. 37