Financial reform to boost green industry

Green industry should serve as one of the major drivers of China`s economic growth. This also conforms to the views of Ma Jun, chief economist of People`s Bank of China`s research bureau. But this is a daunting task to fulfill because of the huge void in green financing in China.

US applauds `terrific` $3 billion contribution

The top climate-change negotiator from the United States applauded China on Tuesday for its $3 billion contribution to help developing countries respond to climate change.

The greening of China`s power supply

Having set ambitious climate-change goals in advance of the upcoming Paris conference, China is powering up clean energy sources to fuel the economy.

An ambitious deal in Paris is needed to boost green growth

Also on Monday, the chief executives of 78 major companies, with combined annual turnover of $2.1 trillion, issued an open letter urging world leaders to seize the chance to strive for an ambitious deal featuring effective climate policies that would trigger low-carbon investment and transform current emission patterns at a significant scale to help create both economic growth and jobs.

US applauds China`s climate financial contribution

Despite the question of finances being one of the controversial pieces of the Paris climate negotiations next week, the US` top climate-change negotiator applauded China on Tuesday for its $3 billion contribution to help developing countries prepare for climate change.

Path to carbon pricing for a green world

World leaders will meet in Paris to negotiate a new climate change agreement. To date, 150 countries have submitted plans detailing how they will move their economies along a more resilient low-carbon trajectory. These plans represent the first generation of investments to be made in order to build a competitive future without the dangerous levels of carbon dioxide emissions that are now driving global warming.

Green industry vital to combat climate change, agree China, France

China and France have many opportunities in green industry investment to combat climate change, said Chinese Premier Li Keqiang and French President François Hollande at the China-France Economy and Climate Summit on Tuesday.

China eyes greener development

As China shifts away from the obsolete GDP-obsessed evaluation system and prioritizes environmental protection, the whole country is reaping the benefits.

China promotes clean production, curbs emission for green development

China will promote clean industrial production, low-carbon development and energy conservation to ensure sustainable growth in the next five years, said a document issued by the Communist Party of China (CPC) on Tuesday.

China-EU ties fashion green future

China and Europe need to form more strategic alliances to combat global climate change through policy cooperation and deepening of green policy integration, experts say.

China-Britain energy cooperation sets model for global climate battle

In about 10 years, 6 million British homes will be powered with electricity from Hinkley Point C, the first nuclear power station to be built on British soil in more than two decades.

China-Britain energy cooperation boosts low-carbon development

As China and Britain have been working on a major nuclear power project and renewable energy, the two countries are set to step up their efforts to shape a low-carbon future.

Apple announces clean-energy investments in China

Apple plans to boost its green credentials in China by investing in solar power generators and helping its manufacturing partners in the country become more environmentally friendly.

China`s first green bond A-rated by Fitch

The Chinese mainland`s first green bond, issued by Agricultural Bank of China (ABC) and listed on the London Stock Exchange, was assigned a long-term A ratings by Fitch, the rating agency on Friday.

China takes steps towards green, sustainable finance: official

China is taking three key steps to reform its financial sector towards green and sustainable finance, a Chinese official said here Thursday.

China`s transition to green economy presents more chances than risks: HSBC

China`s march toward low-carbon economy will be fraught with challenges, yet, it presents more opportunities than risks, according to HSBC.

Figures about China`s efforts to to "green" the economy

China has been striving to restructure its industries and steer the economy on to a sustainable path, cutting greenhouse gas emissions, improving energy structure and slashing pollutant industrial capacity.

China to unveil plans for reform of ecological civilization system

China is expected to unveil the general plans for the reform of the ecological civilization system which will place more emphasis on a low-carbon, green economy, said Yang Weimin, Deputy Chief of the Central Financial Leading Group in Beijing on Sept. 17.

Monetising Natural Capital for Energy Assets

Ma Jun: Building a Green Financial System in China

Building a green financial system in China helps foster new economic growth points and promote green transformation of the economic structure. To divert more social funds into the green industries, we must increase the return over investment (ROI) of green projects while decrease that of polluting projects, enhance the awareness of corporate social responsibility, promote green investment and strengthen consumers’ awareness of environmental protection and green consumption.