China to Improve Green Finance Standards to Support Carbon Neutrality Goal Head | Investing News

BEIJING (Reuters) -China will improve its green finance standards to support carbon neutrality objectives and make it easier for foreign investors to enter the green finance market, central bank governor Yi Gang said on Wednesday via video at the Singapore Fintech Festival.

“We will promote harmonisation of green finance standards at home and aboard by updating domestic standards and strengthening international cooperation”, Yi said.

President Xi Jinping promised in September that China would bring climate-warming greenhouse gas emissions to a peak before 2030 and achieve carbon neutrality by 2060, committing the country to an accelerated transition to renewable energy.