In the wave of green development, China has put forward the ambitious goal of 'peaking carbon emissions and achieving carbon neutrality,' which is not only a commitment to environmental protection but also a brand-new opportunity for economic transformation and upgrading. For the energy industry, this signifies an unprecedented profound transformation. In this transformation, IDG Capital, as a leading enterprise that has long focused on responsible investment in the new energy sector, is actively leading the innovative development of the clean energy industry, contributing wisdom and strength to the achievement of the 'dual carbon' goals.

Under the guidance of the 'dual carbon' goals, the clean energy industry has become a new darling of the capital market. As a partner of IDG Capital previously stated in an interview, the energy transition driven by carbon neutrality is a large-scale process of demand substitution, and the high cost issue faced by the new energy industry in the early stages of industrial development is precisely the obstacle that needs to be overcome most urgently. However, it is precisely the dual promotion of industrial policies and the capital market that provides the new energy industries with an opportunity to reduce costs and accelerate the realization of their cost-competitiveness.

It is reported that IDG Capital began studying energy transition issues in 2007 and established a new energy-related investment department, kicking off its deep involvement in the clean energy field. Over the past 17 years, IDG Capital has invested in new energy areas such as solar energy, wind energy, power batteries, energy storage, smart grids, hydrogen energy, carbon trading, and management.

In 2021 alone, the companies invested in by IDG Capital saved a total of 6.47 million tons of carbon dioxide emissions, a figure that fully demonstrates the tremendous potential and social value of the clean energy industry. To further promote the development of the clean energy industry, IDG Capital has also jointly established a zero-carbon technology investment fund with Hong Kong and China Gas Company Limited, with a total fund size of 10 billion yuan and an initial fundraising scale of 5 billion yuan. This initiative will effectively promote the research, development, and application of clean energy technologies, driving the industry to a higher level of development.

In the future, IDG Capital is confident in the development of the clean energy industry and believes that with the proposal and promotion of the 'dual carbon' goals, the clean energy industry will usher in broader development space.

At the same time, IDG Capital believes that reducing new energy costs and improving energy utilization efficiency through technological innovation and industrial upgrading are the keys to achieving the 'dual carbon' goals. IDG Capital will actively leverage its advantages in capital, technology, and market to promote innovative development in the clean energy industry and contribute to the achievement of the 'dual carbon' goals.