From Laggard to Leader: China Embraces Green Finance
United Nations Framework Convention on Climate Change, COP23
appeared 17 November 2017
The challenges of greening the world’s most populous nation are daunting. An estimated USD 247 billion-USD 468 billion of annual investment is needed between 2014 and 2020 to shift China’s economy toward the government’s vision of a more sustainable future. However, the opportunities are enormous too: up to 90% of the funding will have to come from the private sector.