The PBOC will guide pension funds, insurance, social security and asset managers towards investing in ESG products, officials said at a recent forum.
August 2, 2021Trading commenced on the Shanghai Environment and Energy Exchange on Friday, covering emissions from over 2000 power companies.
July 17, 2021The fund will manage the income generated from selling carbon credits, primarily using it to finance green projects in Shenzhen.
June 23, 2021The IMF says limiting global warming to 1.5 to 2 degrees will require a global carbon price of around $75 per ton, compared to only $3 per ton currently.
June 21, 2021The rules detail the role of the registration authority, allowing it to intervene if carbon prices see abnormal fluctuations or excessive volatility.
May 25, 2021The UK's emissions trading scheme is “unlikely” to diverge too much from the EU's regime, says Hæge Fjellheim, Head of Carbon Research at Refinitiv.
March 3, 2021The guideline indicates that green finance initiatives will be given a greater weighting in financial institutions’ performance evaluations.
February 24, 2021A comparative study is about to be completed, which will pave the way for the launch of a China-EU Shared Classification Catalogue for Green Finance later this year.
February 11, 2021The bonds reportedly received a lukewarm response from investors who are seeking higher yields amid signs of tighter liquidity.
February 11, 2021In the first phase, a total of 2,225 power utilities have been assigned carbon emissions limits, representing 30 percent of China’s total emissions.
February 9, 2021