Greening China's Financial System
Over the past 30 years, China has developed rapidly to become the world’s second largest economy, reaching the status of a middle-income country.
Realizing this success, however, has involved a development approach entailing massive and inefficient resource use, and extensive damage to the quality of air, water and soil. Transforming from a resource- and pollution-intensive economy to a green economy is now a strategic priority for China. Success depends on the development of green industries and the transformation and reduced importance of many traditional industries. Success will be built heavily on green finance, and this is where China is headed.
Participating experts
Additional downloads
You might also be interested in
Financing Models for Soil Remediation in China
This report examines seven different types of soil remediation projects in China and provides a "state-of-play" survey of financing models for soil rehabilitation in China.
Roadmap for China: Using Green Securitisation, Tax Incentives and Credit Enhancements to Scale Green Bonds
This paper provides specific actions for China’s policymakers to put in place instruments and incentives for green bonds, with a particular focus on how to grow a green securitisation market in China that can access international capital. Specific actions for China draw on domestic and international experience.
Roadmap for China: Green Bond Guidelines for the Next Stage of Market Growth
This report sets out a roadmap for the next steps of the green bond guidelines in the Chinese domestic green bond market with the aim of harmonizing these guidelines with international practice.
Roadmap for China: Scaling Up Green Bond Market Issuance
This report provides a roadmap for China to scale up the issuance of green bonds in the domestic market and develop the overseas RMB-denominated market by identifying and addressing the current challenges that limit green bond issuance.