China Sketches Out Rules for Green Finance

Caixin Global | Oct 27, 2020 at 8:51 PM
  • China has released guidelines (link in Chinese) on investment and financing activities surrounding climate change, marking another step for the government in gearing up the country’s financial sector to embrace a green future.
  • The guidelines dated Oct. 20 suggest that such investment and financing activities, intended to steer investment toward mitigating and adapting to climate change, are essential parts of green finance.
  • Qualified climate-friendly businesses will be encouraged to seek financing or refinancing on the capital markets, and small businesses and the general public will be encouraged to participate in actions addressing climate change.