Signal UNIDO and CATL sign cooperation framework on circular economy and advanced batteries

Summary

The United Nations Industrial Development Organization and Chinese battery maker CATL signed a joint declaration in Beijing on cooperating over the circular economy, advanced batteries and green industrial development. The two sides agreed to translate industrial experience into pilot projects and promote standards-based market development. They also agreed to support a new international platform for circular energy and low-carbon industry. They plan to jointly pursue establishing a global center for circular and low-carbon energy. The cooperation stands out as an example of a Chinese battery company expanding engagement with an international organization.