China to improve green finance standards


Yi Gang, governor of the People's Bank of China. - Bloomberg

BEIJING (Reuters): China will improve its green finance standards to support carbon neutrality objectives, central bank governor Yi Gang said on Wednesday (Dec 9) via video at the Singapore Fintech Festival.

President Xi Jinping promised in September that China would bring climate-warming greenhouse gas emissions to a peak before 2030 and achieve carbon neutrality by 2060, committing the country to an accelerated transition to renewable energy.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , green , finance , Fintech , Singapore , Yi Gang

Others Also Read