China's green finance: From 'zero' to 'hero'
9 months, 3 weeks ago

China's green finance: From 'zero' to 'hero'

China Daily  

As the annual World Environment Day arrives today and underlines the urgency of the global green transition, a leading expert said that China has grown its green loan and green bond markets into the world's largest in a few years, representing a shift from "zero" to "hero." Behind the rapid growth is a "top-down approach" to promote green finance markets, which can serve as a helpful example for many other emerging economies and developing countries, said Ma Jun, president of the Institute of Finance and Sustainability and chairman of the Green Finance Committee of the China Society for Finance and Banking. Ma told China Daily that the country is also collaborating with the European Union and Singapore to develop a new version of the Common Ground Taxonomy, which is a list of economic activities that are recognized both by China's and EU's green standards. Looking ahead, Ma said the country's green finance sector still has huge development potential, given the need to decarbonize the hard-to-abate sectors such as steel, cement and petrochemicals as well as room to catch up with developed economies in terms of products that incorporate environmental, social and governance or ESG considerations.

Finance China Green  worlds  economies  chinas  hero  ma  development  world  zero  china  markets  finance  green

History of this topic

Is the global Green Deal losing momentum? Lessons from Firstpost's 'Ideas Pod' at Raisina Dialogue 2025
1 week, 4 days ago

Is the global Green Deal losing momentum? Lessons from Firstpost's 'Ideas Pod' at Raisina Dialogue 2025

Firstpost  

At the Raisina Dialogue 2025 in New Delhi, experts debated the future of global green finance. File Image/Reuters Among the myriad of sessions on the third day of the Raisina Dialogue 2025 in New Delhi, the “What’s Next for the Green Deal?” discussion stood out, addressing the evolving dynamics of global green finance and technology. The panel comprised Jayant Sinha, …

Green industry chain driving steel sector
2 months, 3 weeks ago

Green industry chain driving steel sector

China Daily  

Workers at HBIS Group Shisteel hoist products onto a lorry for transport in Shijiazhuang, Hebei province, on Jan 2. Jiang said that China's steel industry has made continuous progress in advancing ultralow emission transformation projects and achieving extreme energy efficiency, with ongoing improvements in energy-saving and environmental protection indicators. The green development of China's steel industry not only contributes to …

Green industry chain driving steel sector
2 months, 3 weeks ago

Green industry chain driving steel sector

China Daily  

Workers at HBIS Group Shisteel hoist products onto a lorry for transport in Shijiazhuang, Hebei province, on Jan 2. Jiang said that China's steel industry has made continuous progress in advancing ultralow emission transformation projects and achieving extreme energy efficiency, with ongoing improvements in energy-saving and environmental protection indicators. The green development of China's steel industry not only contributes to …

Climate Change and the New Green Economy: The big questions for 2025
3 months ago

Climate Change and the New Green Economy: The big questions for 2025

Live Mint  

The summer of 2024 was the hottest on record. More importantly, developing countries are tasked with growing without significantly adding to the global stock of GHG emissions, but the conditions to do so are not nearly supportive enough – the world’s poorest and most climate-vulnerable countries spent twice as much on repaying external debt than what they received as climate …

China rolls out measures to promote green finance
5 months, 2 weeks ago

China rolls out measures to promote green finance

China Daily  

BEIJING - China has unveiled a guideline on the development of green finance, outlining 19 important measures for key areas to promote the building of a beautiful China. Focusing on key areas such as the green development of key industries and ecological protection and restoration, China will work to create a project library for the building of a beautiful China …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

China's big role in global green transition
6 months, 2 weeks ago

China's big role in global green transition

China Daily  

Wind turbine blades at a port in Yantai, Shandong province, in August. China's green energy development has become a driving force for the global energy transition, significantly alleviating global inflation pressures while addressing climate change, the white paper issued by the State Council Information Office showed. China, the world leader in renewable energy generation capacity, has been responsible for over …

China's big role in global green transition
6 months, 2 weeks ago

China's big role in global green transition

China Daily  

Wind turbine blades at a port in Yantai, Shandong province, in August. China's green energy development has become a driving force for the global energy transition, significantly alleviating global inflation pressures while addressing climate change, the white paper issued by the State Council Information Office showed. China, the world leader in renewable energy generation capacity, has been responsible for over …

QMS's green forum marks China-Europe cooperation
6 months, 4 weeks ago

QMS's green forum marks China-Europe cooperation

China Daily  

As one of the main events of the fifth Qingdao Multinationals Summit, the China-Europe Forum on Green and Sustainable Development kicked off in the Qingdao West Coast New Area of Shandong province on Aug 29, focusing on key issues related to peaking carbon emissions and achieving carbon neutrality, and enhancing cooperation between China and Europe in the green transition. The …

Nation helps drive global transition to green energy
7 months ago

Nation helps drive global transition to green energy

China Daily  

An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. China's green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing climate change, according to a white paper issued on Thursday. …

Nation helps drive global transition to green energy
7 months ago

Nation helps drive global transition to green energy

China Daily  

By ZHENG XIN | CHINA DAILY | Updated: 2024-08-30 07:04 An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. China's green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing …

Guidelines set out path to green future
7 months, 2 weeks ago

Guidelines set out path to green future

China Daily  

Wind turbines in Zhoushan, Zhejiang province, slowly turn with the help of sea breezes and generate green electricity for places across the country. Lin Boqiang, director of the China Institute for Studies in Energy Policy at Xiamen University, emphasized the need to address the rapid growth in energy demand alongside the expansion of renewable energy production. Zhang Jianhua, director of …

Guidelines set out path to green future
7 months, 2 weeks ago

Guidelines set out path to green future

China Daily  

Wind turbines in Zhoushan, Zhejiang province, slowly turn with the help of sea breezes and generate green electricity for places across the country. Lin Boqiang, director of the China Institute for Studies in Energy Policy at Xiamen University, emphasized the need to address the rapid growth in energy demand alongside the expansion of renewable energy production. Zhang Jianhua, director of …

China Development Bank ups loan support for green projects
9 months, 1 week ago

China Development Bank ups loan support for green projects

China Daily  

Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. BEIJING -- The China Development Bank, a major policy bank in the country, has strengthened financial support for the green and low-carbon industries. The bank issued over 200 billion yuan of green loans during the first five months of the year, …

China's green finance: From 'zero' to 'hero'
9 months, 3 weeks ago

China's green finance: From 'zero' to 'hero'

China Daily  

By Zhou Lanxu, Liu Zizheng, Yan Xingzhou and Ma Qing| chinadaily.com.cn| Updated :2024-06-06 As the annual World Environment Day arrives today and underlines the urgency of the global green transition, a leading expert said that China has grown its green loan and green bond markets into the world's largest in a few years, representing a shift from "zero" to "hero." …

China's green finance: From 'zero' to 'hero'
9 months, 3 weeks ago

China's green finance: From 'zero' to 'hero'

China Daily  

As the annual World Environment Day arrives today and underlines the urgency of the global green transition, a leading expert said that China has grown its green loan and green bond markets into the world's largest in a few years, representing a shift from "zero" to "hero." Behind the rapid growth is a "top-down approach" to promote green finance markets, …

China's green finance: From 'zero' to 'hero'
9 months, 3 weeks ago

China's green finance: From 'zero' to 'hero'

China Daily  

As the annual World Environment Day arrives today and underlines the urgency of the global green transition, a leading expert said that China has grown its green loan and green bond markets into the world's largest in a few years, representing a shift from "zero" to "hero." Behind the rapid growth is a "top-down approach" to promote green finance markets, …

China's green finance: From 'zero' to 'hero'
9 months, 3 weeks ago

China's green finance: From 'zero' to 'hero'

China Daily  

As the annual World Environment Day arrives today and underlines the urgency of the global green transition, a leading expert said that China has grown its green loan and green bond markets into the world's largest in a few years, representing a shift from "zero" to "hero." Behind the rapid growth is a "top-down approach" to promote green finance markets, …

China's green finance: From 'zero' to 'hero'
9 months, 3 weeks ago

China's green finance: From 'zero' to 'hero'

China Daily  

As the annual World Environment Day arrives today and underlines the urgency of the global green transition, a leading expert said that China has grown its green loan and green bond markets into the world's largest in a few years, representing a shift from "zero" to "hero." Behind the rapid growth is a "top-down approach" to promote green finance markets, …

China's green finance: From 'zero' to 'hero'
9 months, 3 weeks ago

China's green finance: From 'zero' to 'hero'

China Daily  

As the annual World Environment Day arrives today and underlines the urgency of the global green transition, a leading expert said that China has grown its green loan and green bond markets into the world's largest in a few years, representing a shift from "zero" to "hero." Behind the rapid growth is a "top-down approach" to promote green finance markets, …

China's carbon commitment blueprint for global sustainability
10 months ago

China's carbon commitment blueprint for global sustainability

China Daily  

China's low-carbon commitment, particularly the endeavor to achieve its carbon-neutral target, has become a new driving force for the country's inbound and outbound investment. China's determined climate commitment to achieve carbon neutrality by 2060 and peak carbon emissions by 2030 marks a significant turning point in the global fight against climate change. This shift towards carbon neutrality reflects a profound …

Protectionism will drive green transition to dead end: China Daily editorial
10 months, 1 week ago

Protectionism will drive green transition to dead end: China Daily editorial

China Daily  

US Treasury Secretary Janet Yellen attends an interview with Reuters Editor in Chief Alessandra Galloni in Washington, April 25, 2024. US Treasury Secretary Janet Yellen, during her visit to Frankfurt, Germany, said on Tuesday that the US and Europe needed to respond to China's industrial overcapacity in a "strategic and united way" to keep manufacturers viable on both sides of …

Multinationals still invest big in China's green drive
11 months ago

Multinationals still invest big in China's green drive

China Daily  

Amid foreign media's report that China's green-tech manufacturing boom draws concerns about overcapacity, multinational corporations in China are still investing big in the country's green economy drive, voting with their feet. At the end of April, Milwaukee, United States-based industrial automation company Rockwell Automation said that the company is planning to drive more collaborations in China's strategic emerging industries, such …

每日一词∣中国—东盟可持续发展创新合作国际论坛 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development
1 year, 8 months ago

每日一词∣中国—东盟可持续发展创新合作国际论坛 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development

China Daily  

2023中国—东盟可持续发展创新合作国际论坛（以下简称论坛）日前在广西桂林成功落幕。为期三天的会议吸引了来自中国、东盟国家和有关国际组织的特邀嘉宾、商界人士和专家学者齐聚一堂。 The 2023 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development concluded Saturday in the tourist city of Guilin, south China's Guangxi Zhuang Autonomous Region.The three-day forum attracted participants from China and ASEAN member states, as well as representatives from international organizations, enterprises and research institutions. We may jointly promote a regional energy transition, discuss establishment of a …

每日一词∣中国—东盟可持续发展创新合作国际论坛 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development
1 year, 8 months ago

每日一词∣中国—东盟可持续发展创新合作国际论坛 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development

China Daily  

2023中国—东盟可持续发展创新合作国际论坛（以下简称论坛）日前在广西桂林成功落幕。为期三天的会议吸引了来自中国、东盟国家和有关国际组织的特邀嘉宾、商界人士和专家学者齐聚一堂。 The 2023 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development concluded Saturday in the tourist city of Guilin, south China's Guangxi Zhuang Autonomous Region.The three-day forum attracted participants from China and ASEAN member states, as well as representatives from international organizations, enterprises and research institutions. We may jointly promote a regional energy transition, discuss establishment of a …

每日一词∣中国—东盟可持续发展创新合作国际论坛 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development
1 year, 8 months ago

每日一词∣中国—东盟可持续发展创新合作国际论坛 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development

China Daily  

2023中国—东盟可持续发展创新合作国际论坛（以下简称论坛）日前在广西桂林成功落幕。为期三天的会议吸引了来自中国、东盟国家和有关国际组织的特邀嘉宾、商界人士和专家学者齐聚一堂。 The 2023 China-ASEAN International Forum on Innovation and Cooperation for Sustainable Development concluded Saturday in the tourist city of Guilin, south China's Guangxi Zhuang Autonomous Region.The three-day forum attracted participants from China and ASEAN member states, as well as representatives from international organizations, enterprises and research institutions. We may jointly promote a regional energy transition, discuss establishment of a …

每日一词∣新时代的中国绿色发展 China's green development in the new era
2 years, 2 months ago

每日一词∣新时代的中国绿色发展 China's green development in the new era

China Daily  

国务院新闻办公室1月19日发布《新时代的中国绿色发展》白皮书，系统总结了十年来中国绿色发展的举措与成效，阐述了中国绿色发展的核心理念和实践经验。 China's State Council Information Office Thursday released a white paper titled "China's Green Development in the New Era." It systematically summarizes China's actions and achievements in green development over the past decade, and expounds the country's ideas and experience of green development. 西藏华电那曲色尼区12万千瓦光伏发电电力保供项目于2022年12月底投产发电。这是目前西藏最大的光伏发电电力保供项目，预计每年可减少二氧化碳排放21.96万吨。（图片来源：新华社） 【知识点】 党的十八大以来，中国坚持绿水青山就是金山银山的理念，坚定不移走生态优先、绿色发展之路，促进经济社会发展全面绿色转型，建设人与自然和谐共生的现代化，创造了举世瞩目的生态奇迹和绿色发展奇迹，美丽中国建设迈出重大步伐。绿色成为新时代中国的鲜明底色，绿色发展成为中国式现代化的显著特征。 《新时代的中国绿色发展》白皮书总结了新时代中国绿色发展的实践和成效。一是生态环境质量持续稳定向好。十年来，中国累计完成造林9.6亿亩，防沙治沙2.78亿亩，种草改良6亿亩，新增和修复湿地1200多万亩，森林、草原、湿地、河流、湖泊面积持续增加，土地荒漠化趋势得到有效扭转。环境质量显著改善，2021年，全国地级及以上城市PM2.5年均浓度由2015年的46微克/立方米降至30微克/立方米，空气质量优良天数比例达87.5%，地表水水质优良断面比例达84.9%。二是经济发展的含金量和含绿量显著提升。战略性新兴产业成为经济发展的重要引擎。绿色产业蓬勃发展，清洁能源设备生产规模世界第一。三是广泛推行绿色生产方式。工业、农业、服务业绿色化水平全面提升，能源结构持续优化，交通运输更加绿色低碳，资源利用效率大幅提高。四是积极倡导绿色生活方式。推动全民提升节约意识、环保意识、生态意识，自觉践行绿色低碳生活方式，形成推进绿色发展的良好社会氛围。五是体制机制进一步完善。通过加强法治建设、强化监督管理、健全市场化机制，为绿色发展提供坚实保障。 中国的绿色发展，为地球增添了更多“中国绿”，扩大了全球绿色版图，既造福了中国，也造福了世界。中国将坚定不移走绿色发展之路，推进生态文明建设，推动实现更高质量、更有效率、更加公平、更可持续、更为安全的发展，让绿色成为美丽中国最鲜明、最厚重、最牢靠的底色，让人民在绿水青山中共享自然之美、生命之美、生活之美。中国愿与国际社会一道，同筑生态文明之基，同走绿色发展之路，守护好绿色地球家园，建设更加清洁、美丽的世界。 【重要讲话】 推动经济社会发展绿色化、低碳化是实现高质量发展的关键环节。加快推动产业结构、能源结构、交通运输结构等调整优化。实施全面节约战略，推进各类资源节约集约利用，加快构建废弃物循环利用体系。完善支持绿色发展的财税、金融、投资、价格政策和标准体系，发展绿色低碳产业，健全资源环境要素市场化配置体系，加快节能降碳先进技术研发和推广应用，倡导绿色消费，推动形成绿色低碳的生产方式和生活方式。 A green and low-carbon economy and society are crucial to …

每日一词∣新时代的中国绿色发展 China's green development in the new era
2 years, 2 months ago

每日一词∣新时代的中国绿色发展 China's green development in the new era

China Daily  

国务院新闻办公室1月19日发布《新时代的中国绿色发展》白皮书，系统总结了十年来中国绿色发展的举措与成效，阐述了中国绿色发展的核心理念和实践经验。 China's State Council Information Office Thursday released a white paper titled "China's Green Development in the New Era." It systematically summarizes China's actions and achievements in green development over the past decade, and expounds the country's ideas and experience of green development. 西藏华电那曲色尼区12万千瓦光伏发电电力保供项目于2022年12月底投产发电。这是目前西藏最大的光伏发电电力保供项目，预计每年可减少二氧化碳排放21.96万吨。（图片来源：新华社） 【知识点】 党的十八大以来，中国坚持绿水青山就是金山银山的理念，坚定不移走生态优先、绿色发展之路，促进经济社会发展全面绿色转型，建设人与自然和谐共生的现代化，创造了举世瞩目的生态奇迹和绿色发展奇迹，美丽中国建设迈出重大步伐。绿色成为新时代中国的鲜明底色，绿色发展成为中国式现代化的显著特征。 《新时代的中国绿色发展》白皮书总结了新时代中国绿色发展的实践和成效。一是生态环境质量持续稳定向好。十年来，中国累计完成造林9.6亿亩，防沙治沙2.78亿亩，种草改良6亿亩，新增和修复湿地1200多万亩，森林、草原、湿地、河流、湖泊面积持续增加，土地荒漠化趋势得到有效扭转。环境质量显著改善，2021年，全国地级及以上城市PM2.5年均浓度由2015年的46微克/立方米降至30微克/立方米，空气质量优良天数比例达87.5%，地表水水质优良断面比例达84.9%。二是经济发展的含金量和含绿量显著提升。战略性新兴产业成为经济发展的重要引擎。绿色产业蓬勃发展，清洁能源设备生产规模世界第一。三是广泛推行绿色生产方式。工业、农业、服务业绿色化水平全面提升，能源结构持续优化，交通运输更加绿色低碳，资源利用效率大幅提高。四是积极倡导绿色生活方式。推动全民提升节约意识、环保意识、生态意识，自觉践行绿色低碳生活方式，形成推进绿色发展的良好社会氛围。五是体制机制进一步完善。通过加强法治建设、强化监督管理、健全市场化机制，为绿色发展提供坚实保障。 中国的绿色发展，为地球增添了更多“中国绿”，扩大了全球绿色版图，既造福了中国，也造福了世界。中国将坚定不移走绿色发展之路，推进生态文明建设，推动实现更高质量、更有效率、更加公平、更可持续、更为安全的发展，让绿色成为美丽中国最鲜明、最厚重、最牢靠的底色，让人民在绿水青山中共享自然之美、生命之美、生活之美。中国愿与国际社会一道，同筑生态文明之基，同走绿色发展之路，守护好绿色地球家园，建设更加清洁、美丽的世界。 【重要讲话】 推动经济社会发展绿色化、低碳化是实现高质量发展的关键环节。加快推动产业结构、能源结构、交通运输结构等调整优化。实施全面节约战略，推进各类资源节约集约利用，加快构建废弃物循环利用体系。完善支持绿色发展的财税、金融、投资、价格政策和标准体系，发展绿色低碳产业，健全资源环境要素市场化配置体系，加快节能降碳先进技术研发和推广应用，倡导绿色消费，推动形成绿色低碳的生产方式和生活方式。 A green and low-carbon economy and society are crucial to …

每日一词∣新时代的中国绿色发展 China's green development in the new era
2 years, 2 months ago

每日一词∣新时代的中国绿色发展 China's green development in the new era

China Daily  

国务院新闻办公室1月19日发布《新时代的中国绿色发展》白皮书，系统总结了十年来中国绿色发展的举措与成效，阐述了中国绿色发展的核心理念和实践经验。 China's State Council Information Office Thursday released a white paper titled "China's Green Development in the New Era." It systematically summarizes China's actions and achievements in green development over the past decade, and expounds the country's ideas and experience of green development. 西藏华电那曲色尼区12万千瓦光伏发电电力保供项目于2022年12月底投产发电。这是目前西藏最大的光伏发电电力保供项目，预计每年可减少二氧化碳排放21.96万吨。（图片来源：新华社） 【知识点】 党的十八大以来，中国坚持绿水青山就是金山银山的理念，坚定不移走生态优先、绿色发展之路，促进经济社会发展全面绿色转型，建设人与自然和谐共生的现代化，创造了举世瞩目的生态奇迹和绿色发展奇迹，美丽中国建设迈出重大步伐。绿色成为新时代中国的鲜明底色，绿色发展成为中国式现代化的显著特征。 《新时代的中国绿色发展》白皮书总结了新时代中国绿色发展的实践和成效。一是生态环境质量持续稳定向好。十年来，中国累计完成造林9.6亿亩，防沙治沙2.78亿亩，种草改良6亿亩，新增和修复湿地1200多万亩，森林、草原、湿地、河流、湖泊面积持续增加，土地荒漠化趋势得到有效扭转。环境质量显著改善，2021年，全国地级及以上城市PM2.5年均浓度由2015年的46微克/立方米降至30微克/立方米，空气质量优良天数比例达87.5%，地表水水质优良断面比例达84.9%。二是经济发展的含金量和含绿量显著提升。战略性新兴产业成为经济发展的重要引擎。绿色产业蓬勃发展，清洁能源设备生产规模世界第一。三是广泛推行绿色生产方式。工业、农业、服务业绿色化水平全面提升，能源结构持续优化，交通运输更加绿色低碳，资源利用效率大幅提高。四是积极倡导绿色生活方式。推动全民提升节约意识、环保意识、生态意识，自觉践行绿色低碳生活方式，形成推进绿色发展的良好社会氛围。五是体制机制进一步完善。通过加强法治建设、强化监督管理、健全市场化机制，为绿色发展提供坚实保障。 中国的绿色发展，为地球增添了更多“中国绿”，扩大了全球绿色版图，既造福了中国，也造福了世界。中国将坚定不移走绿色发展之路，推进生态文明建设，推动实现更高质量、更有效率、更加公平、更可持续、更为安全的发展，让绿色成为美丽中国最鲜明、最厚重、最牢靠的底色，让人民在绿水青山中共享自然之美、生命之美、生活之美。中国愿与国际社会一道，同筑生态文明之基，同走绿色发展之路，守护好绿色地球家园，建设更加清洁、美丽的世界。 【重要讲话】 推动经济社会发展绿色化、低碳化是实现高质量发展的关键环节。加快推动产业结构、能源结构、交通运输结构等调整优化。实施全面节约战略，推进各类资源节约集约利用，加快构建废弃物循环利用体系。完善支持绿色发展的财税、金融、投资、价格政策和标准体系，发展绿色低碳产业，健全资源环境要素市场化配置体系，加快节能降碳先进技术研发和推广应用，倡导绿色消费，推动形成绿色低碳的生产方式和生活方式。 A green and low-carbon economy and society are crucial to …

Green finance is booming but needs a step change for ‘net zero’ goals to be reached
2 years, 8 months ago

Green finance is booming but needs a step change for ‘net zero’ goals to be reached

The Independent  

Greening the world will take a vast wall of capital investment. There is both a glass-half-full and a glass-half-empty case to be made, at least judging by a report – A Reality Check on Green Finance – published today by New Financial, a think tank founded on the belief that capital markets can and should be a force for economic …

China’s ambitious green targets at risk as local efforts lag
3 years, 7 months ago

China’s ambitious green targets at risk as local efforts lag

Al Jazeera  

Green energy and infrastructure targets established at the highest levels of China’s government are failing to translate into real progress at the local level, says Greenpeace. The Greenpeace East Asia report released on Monday in Beijing highlights the gap between the decarbonisation targets coming from China’s top leadership and the continued dirty-recovery reality at the local level, finding that only …

Hong Kong rightfully becoming a green finance hub
3 years, 11 months ago

Hong Kong rightfully becoming a green finance hub

China Daily  

Li Ka-shing, Hong Kong's wealthiest man, was recently reported by local and international media to have been shifting his investments toward sustainability and climate change, such as environmentally friendly hydrogen-electric engines. Consequently, Hong Kong's priority right now is to mitigate the economic effects of the pandemic, and one of the many possible ways to do so would be to embrace …

Financial support urged to attain carbon targets
3 years, 11 months ago

Financial support urged to attain carbon targets

China Daily  

Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. China's central bank chief vowed on Tuesday to mobilize financial support from all parties to realize the goal of the nation achieving carbon neutrality by 2060, and called for promoting a deepened opening-up of the domestic green financial market to foreign …

Boost for green finance
4 years, 3 months ago

Boost for green finance

China Daily  

LI XIN/FOR CHINA DAILY China's central bank is introducing new methods to help the country achieve its carbon neutrality objective Environmental and climate challenges remain urgent as countries respond to the COVID-19 pandemic. Green finance products in China became available quite early, and have become increasingly diversified, such as green credit, green bonds, green agricultural insurance, clean energy insurance and …

Boost for green finance
4 years, 3 months ago

Boost for green finance

China Daily  

LI XIN/FOR CHINA DAILY China's central bank is introducing new methods to help the country achieve its carbon neutrality objective Environmental and climate challenges remain urgent as countries respond to the COVID-19 pandemic. Green finance products in China became available quite early, and have become increasingly diversified, such as green credit, green bonds, green agricultural insurance, clean energy insurance and …

China says it wants to improve its green finance standards
4 years, 3 months ago

China says it wants to improve its green finance standards

Al Jazeera  

China will update its green finance standards to make it easier for foreign investors to enter the market. China plans to improve its green finance standards to support its carbon-neutrality objectives and make it easier for foreign investors to enter the green finance market, central bank governor Yi Gang said on Wednesday. “We will promote harmonisation of green finance standards …

Capacity building key to growth of green financing: economist
7 years, 6 months ago

Capacity building key to growth of green financing: economist

China Daily  

Ma Jun, chief economist of the research bureau of the People's Bank of China, the central bank, called for capacity building for the development of green financing at an event in Beijing on Monday. Now that the domestic and international community has reached a policy consensus on green financing, "a more arduous task will be capacity building at various levels", …

Stronger financing to back China's green development path
7 years, 7 months ago

Stronger financing to back China's green development path

China Daily  

An image of a promotional video of China's green manufacturing development at the inauguration ceremony of the Green Manufacturing Association of China in Beijing, July 22, 2017. BEIJING - China is aiming high in pursuing green development and boosting its energy-saving and environmental protection industries, with green financing one of the key areas to be tapped. There has been consensus …

China's financial sector more open to fintech: CFA Institute
7 years, 7 months ago

China's financial sector more open to fintech: CFA Institute

China Daily  

China's financial sector more open to fintech: CFA Institute Xinhua | Updated: 2017-08-15 17:15 BEIJING - China's financial sector has shown more openness to new technology than many developed markets, according to a senior manager with the Chartered Financial Analyst Institute. The CFA Institute, a leading global association of financial professionals, issued a report based on surveys of senior financial …

Green finance to help reduce pollution, boost industrial upgrading
7 years, 9 months ago

Green finance to help reduce pollution, boost industrial upgrading

China Daily  

Move makes china the first country to build a national system to boost green finance As China strives to protect its ecological integrity, the financial sector is coming to the aid to contain pollution and help advance the industrial transformation. Green finance－a concept still unfamiliar to most－entered the economic lexicon last week after the central government decided to set up …

China mulls policies to encourage green finance development
7 years, 9 months ago

China mulls policies to encourage green finance development

China Daily  

China mulls policies to encourage green finance development Xinhua | Updated: 2017-06-16 17:03 BEIJING - China is mulling more ways to encourage banks and private capital to invest in green finance projects, a deputy central bank governor said Friday. Developing green finance is a global trend and a necessary choice for China's sustainable growth as well as a major move …

China seeks to launch green industry fund with World Bank
7 years, 11 months ago

China seeks to launch green industry fund with World Bank

China Daily  

China is seeking to launch a green industry fund with the World Bank, part of which is expected to support the Belt and Road Initiative, a provincial economic regulation official told China Daily on Tuesday. "The fund is expected to support projects helping to protect the environment, among which some are expected to support the Belt and Road Initiative in …

China central bank official urges efforts to boost green financing
7 years, 11 months ago

China central bank official urges efforts to boost green financing

China Daily  

BEIJING — A central bank official on Saturday said green financing must be improved as the country seeks greener and more sustainable growth. In a speech delivered at a meeting on green financing, vice governor of the central bank Chen Yulu said China's green financing is still at an early stage and it has the potential to be more effective. …

China central bank official urges efforts to boost green financing
7 years, 11 months ago

China central bank official urges efforts to boost green financing

China Daily  

BEIJING — A central bank official on Saturday said green financing must be improved as the country seeks greener and more sustainable growth. In a speech delivered at a meeting on green financing, vice governor of the central bank Chen Yulu said China's green financing is still at an early stage and it has the potential to be more effective. …

Nation's role in global green-bond market grows bigger
7 years, 11 months ago

Nation's role in global green-bond market grows bigger

China Daily  

China will play a paramount role in the global green-bond market as the country needs the financing channel to provide capital for environmental improvement projects, analysts said. Much of the new issuance in 2016 was driven by the People's Bank of China which published the first green bond market guideline－Green Financial Bond Directive－in December 2015. "China will push for the …

China takes lead in green finance
8 years, 4 months ago

China takes lead in green finance

China Daily  

China should build a solid foundation in the domestic financial market to support green finance, a senior official with the United Nations Environment Program told China Daily. Green finance - financing environmentally sustainable growth - is groundbreaking, said Simon Zadek, who was co-leader of the Green Finance Study Group to the G20 Summit held in Hangzhou, Zhejiang province, in early …

China's G20 initiative to build-up green finance and incentive mechanism for investment
8 years, 5 months ago

China's G20 initiative to build-up green finance and incentive mechanism for investment

China Daily  

At the G20 Summit held in Hangzhou in September 2016, green finance and climate change were included on its agenda as major topics. The "EPs" was taken as guidance in order to develop a series of green credit products with the mutual efforts of the German government and banks, including low-interest loans for the environmental protection and energy conservation projects, …

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