China’s financial institutions must help fund carbon neutrality goal, says central bank governor

//China’s financial institutions must help fund carbon neutrality goal, says central bank governor

China’s financial institutions must help fund carbon neutrality goal, says central bank governor

China’s central bank will include climate change among the issues it considers in implementing its monetary policy and supervisory role in future and will encourage financial institutions to help meet the country’s goal of becoming carbon neutral, the bank’s governor has said.Yi Gang, governor of the People’s Bank of China, made the comments at a closed-door session at China Development Forum on Saturday and they were published on the bank’s website the following day.The target of reaching peak…

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By | 2021-03-21T08:05:06+00:00 March 21st, 2021|Business|Comments Off on China’s financial institutions must help fund carbon neutrality goal, says central bank governor