Chinese bike-share firm links with United Nations Development Program

Ofo, a Beijing-based start-up company that has become the world’s largest bike-sharing platform, is joining forces with the United Nations Development Programme to raise public awareness about climate change.

The partnership will also provide financial support to innovative projects that address urban environmental challenges, expected to reach 100 million people, including school children, with campaign messages about the adverse effects of climate change.

Uber partner Didi Chuxing is one of the partners in Beijing Bikelock Technology, the $500 million company behind Ofo, and which was only started in 2015.

UNDP and Ofo will also establish a joint scholarship program to support environmental research projects and will provide small grants to start-ups offering green products and technologies.

Ofo currently has over 30 million people using its app to share bicycles in China, Singapore and the US (and shortly the UK, too – with a controversial scheme in Cambridge) will donate its income on the 17th of each month to celebrate the 17 Sustainable Development Goals. These "Global Goals" were agreed upon by nearly 200 nations to eradicate poverty and inequality by 2030.

UNDP, which is the world’s largest development organisation, will advise Ofo on an initiative which will see Ofo redistributing abandoned bikes to rural areas to improve access to education for children living in poverty.

“Both UNDP and ofo are innovators when it comes to finding ways of reducing the emissions related to the burning of fossil fuels, and this is an innovative partnership which will make real strides towards protecting our precious environment,” said Michael O’Neill, UN Assistant Secretary-General and UNDP Director of External Relations.

Ofo CEO Dai Wei said: “We are very proud to be partnering with UNDP as we both work together towards achieving one of the key goals agreed by the world in 2015: the goal of a clean, sustainable safe environment and planet for all of us." 

In other news...

Shimano Europe issues voluntary inspection and replacement for certain Hollowtech road cranks

Shimano Europe has issued a voluntary inspection and replacement notice for selected bonded 11-speed Hollwtech …