Memorandum of Understanding between WEDC and China GreenTech Initiative
Beijing, China, April1 6, 2013–Wisconsin’s global leadership in clean water and energy resulted in a signed agreement between the Wisconsin Economic Development Corporation (WEDC) and the China GreenTech Initiative for WEDC to be an advisor on clean water and power technology in the country.
“This partnership will allow Wisconsin’s leadership in clean water and energy to reach new heights,” said Governor Scott Walker. “Wisconsin is leading the world in clean water innovation, and I am proud that this agreement will help forward the global reach of this technology.”
Lora Klenke, Vice President of International Business Development for WEDC, and Randall Hancock, of GreenTech Networks Limited, signed the Memorandum of Understanding. As a result, WEDC will work with China GreenTech Initiative in collaboration with China’s business and commercial leaders to develop mutually beneficial solutions to China’s pressing environmental issues.
“Wisconsin’s leadership on clean water and power technology allow us to explore and provide solutions to address the world’s most pressing challenges of clean water and clean energy,” Klenke said.
In addition, WEDC, China GreenTech Initiative, the US – China Clean Tech Center, and The Water Council hosted the China–Wisconsin Water Forum in Beijing to bring together leading academics, policy makers, and commercial organizations to address the country’s water issues.
“From the Water Council’s perspective, the MOU with China GreenTech Initiative will enable the Council to work closely with WEDC in developing a targeted approach and strategic access to key policy makers and business leaders in China,” said Dean Amhaus, president and CEO of The Water Council. “With China’s significant size we need to zero in on where real opportunities exist for Water Council members as far as providing services and products that assist Chinese leaders with water quality and quantity issues. By being asked to engage with CGTI, there is a clear recognition of Wisconsin’s place on the world stage as a market leader in water technology and solutions.”
Water scarcity is a national issue for China. According to the China GreenTech Report 2012, China’s water resources are scarce, poorly distributed and heavily polluted. Water in China is unevenly distributed with 80 percent of available resources located south of the Yangtze River.
Wisconsin has the highest concentration of companies tackling the full cycle of water in the world. Five of the 10 largest water companies in the world are based in Wisconsin. Forbes Magazine recently called Milwaukee “The Capital of Water”.
Learn more about the China mission trip online at www.inwisconsin.com/chinamission2013 or follow on Twitter at #WIGovChinaTrade for updates on the trip.
About the China GreenTech Initiative
Founded in 2008, the China GreenTech Initiative is a commercial greentech success accelerator powered by the only China-international, insight-enabled community. The community consists of more than 500 senior decision makers coming from 100+ commercial and policy organizations. China GreenTech Initiative publishes the China GreenTech Report. Visit www.china-greentech.com for more information.