The PBOC will provide lenders up to 60 percent of the principal of carbon emission reduction loans at an interest rate of 1.75 percent.
November 9, 2021The GEAPP has committed $100bn to clean energy infrastructure. ADB announced a plan to finance early closures of coal plants in Indonesia and the Philippines.
November 5, 2021FIs will be able to lend to qualified companies to back emissions reduction projects and apply to the central bank for funding support.
October 21, 2021HKMA Chief Eddie Yue urged banks to transform into 'green banks'. HSBC and BOCHK announced plans to expand their green finance business.
April 30, 2021