China’s economic growth over the past 40 years has taken a toll on the country’s environment, natural resources, and ecosystems. In recent years, the Chinese government has prioritized ecological restoration and pushed for more coordination between economic growth and environmental protection. But China is not alone in facing the challenge of sustainability, with global threats like climate change, resource scarcity, and air pollution continuing to persist. As China seeks innovative solutions to foster sustainable development, it can provide models for the rest of the world.
The Paulson Institute launched the Paulson Prize for Sustainability with its Chinese partners in 2013. The Prize is awarded annually to a project in China that represents an innovative, scalable, and market-based sustainability solution at the intersection of economics and the environment.
The Prize-winning project is determined by an independent jury committee composed of prominent American and Chinese leaders in the fields of economics, finance, energy, and ecology. The jury chairman is Richard Daley, former mayor of the city of Chicago. The jury committee will evaluate submissions against the award’s criteria, visit and inspect the finalist projects, and ultimately select the winning project.
- Be a Leader on Global Climate Issues: The Prize is presented by the Paulson Institute and Tsinghua University, giving awarded projects authority and prestige in their industry.
- Honor: The mayor of the city where the winning project is located will be invited to the award ceremony for recognition.
- Recognition: Finalists will receive international and Chinese mainstream media attention.
- Empowerment: Finalists will be invited to exclusive events and featured in case studies by the Paulson Institute and Tsinghua University. The Prize can lead to additional intellectual, industrial, and financial support to empower the project’s future.