Spring is here…at least officially, according to the vernal equinox! With the change of the time and season in the U.S., we welcome all that awakens after the winter slumber. As China has just finished its Two Sessions, we are looking forward to all the work to be done ahead as outlined in the various work plans and speeches from the annual gathering. We’ve touched on some of the most relevant green finance developments in this issue of Financing Green.
Shameless plug here. For the fifth year, we are hosting our mainstreaming sustainable finance event alongside the World Bank/IMF spring meetings. It is a timely and unique platform for the foremost players and thought leaders in this growing space to take stock of developments, share perspectives, and prescribe tangible next steps. To RSVP or for questions, click the banner below for more information.
Enjoy our second 2019 issue of Financing Green!
Cheers,
PI Green Finance Center Team
TOP STORY
China Releases Green Industry Guidance Catalogue: A New Industrial Plan?
China released its new Green Industries Guidance Catalogue to help promote green development through clarifying the definition of “green industry” as well as harmonizing differing standards for sustainability. Read More>>ON THE RADAR
China’s Green Finance Pilot Zones: Ready for Takeoff
The success of China’s special economic free trade zones in its opening up campaign is a tried and true recipe. Therefore, it is no surprise that China has established green finance pilot zones in the same fashion—a way to test specific policies before applying them nationally—but this time with an emphasis on experimenting with different green finance innovations. Read More >>
The Green Team Speaks to Eric Jing…
Eric Jing is the Chairman and CEO of Ant Financial. He earned a bachelor degree in engineering from Shanghai Jiao Tong University and an EMBA degree from the University of Minnesota. Read More >>
Green Finance and the Two Sessions
The Two Sessions this year did not feature a fancy headline, but it did provide additional messaging from the central government about the continued priority placed on green finance in the coming year and beyond. Read More>>
China to Establish Carbon Futures Exchange
For all intents and purposes, China’s national carbon market is still in development—though it has been officially announced. In terms of the futures trading for the market, it has been confirmed to be established in the Nansha District of Guangzhou city located in Guangdong Province. Read More>>