The cumulative balance of green finance deployed will reach CNY 1.5 trillion by 2025. Banks and insurers will establish dedicated green finance business centres in Shanghai.
January 16, 2023Insurers will have to report the number of green insurance policies issued, premiums collected, amounts insured, claims filed, and indemnity paid.
November 16, 2022The action plan commits China to reaching 25% in non-fossil energy consumption in its mix by 2030, compared to 16 percent in 2020.
October 29, 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, 2021