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.

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China , green , finance , Fintech , Singapore , Yi Gang

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