Archive

Chinese central bank extending green incentives to transition finance, says Ma

The People's Bank of China (PBoC) plans to extend the incentives it offers for green lending to also drive the growth of transition finance in the country, an expert said.

Chinese central bank working on 'biodiversity taxonomy'

China's central bank is piloting a taxonomy for activities that contribute to positive impacts on biodiversity, in an expansion of its work on climate mitigation and adaptation.

China taxonomy pilot linked to $10bn in 'transition' loans, says PBoC

China's transition taxonomy pilot gaining momentum, says Ma Jun

Chinese provinces and cities piloting a transition finance taxonomy have said that it has driven demand for low-carbon investments from companies in heavy industry seeking lower-cost funding, according to a prominent expert.

Chinese green bond and loan taxonomies unified in 'significant' update

Chinese regulators have published a new 'green catalogue', which unifies the green bond and loan taxonomies and continues the process of reducing the fragmentation of the green debt market in the country.

Singapore and China central banks to collaborate on green and transition finance

The Monetary Authority of Singapore and People's Bank of China announced plans to collaborate on numerous green and transition finance initiatives.

China green lending scheme spurred $93bn in loans, central bank says

China Green Bond Principles will 'ensure place in global market'

China has published its own green bond principles (GBP) broadly based on the standard administered by the International Capital Market Association (ICMA)...

China eyes revamped offsets to help fund $140trn climate costs

The revamped China Certified Emission Reduction (CCER) scheme will play a major role in funding China's 2060 net zero goals, said a former governor of the People's Bank of China (PBoC).

Chinese financial institutions 'faced with grave climate risks', says central bank

Chinese financial institutions "are faced with grave risks and should begin their green transition right away", according to the governor of the country's central bank.