BEIJING – China released guidelines for the development of green finance, outlining 19 key measures for key areas to promote the building of a beautiful China.
According to the guidelines jointly released by the four countries, China will focus on key areas such as green development of key industries and ecosystem protection and restoration, and will create a project library and provide financial support for building a beautiful China. Work on effective accuracy improvement. government agencies such as the People’s Bank of China and the Ministry of Ecology and Environment;
The guidelines emphasize strengthening the ability of financial institutions to provide green financial services and enrich products and services in the region.
The document states that efforts should be made to increase loan issuance and strengthen financing support for green development.
It also calls for strengthening innovation in green financial products in key links and areas such as regional ecological and environmental protection projects, carbon market development, and green consumption.
The guidelines state that an inter-agency coordination mechanism will be established to ensure implementation of these measures.
