Green Finance Timeline
Trillions of dollars are necessary to finance the ambitious global goals for reducing greenhouse gas emissions, yet governments are only able to finance a fraction of what is necessary. It is essential, therefore, to develop free and fair regulatory structures, developed capital markets, and innovative financing structures to attract private capital to finance implementation of these goals.
China has outlined plans to be a global leader in creating the necessary framework for green finance. In just three short years, China has made tremendous progress on developing a green bond market, launching a carbon exchange, and developing a green finance study group in the G20. Track the latest developments on China’s progress on our green finance timeline below.