China is one of the world’s largest markets for green bonds, having reached a total of $212.8 billion stock by the end of 2022. At the same time, it is experiencing a positive trend in ESG investing. This has been led by a strong government approach which emphasizes green finance as a strategic priority. China will need 487 trillion RMB (around $77 trillion) in green investment in the next 30 years to meet its carbon neutrality goals.