China needs $ 21 trillion in debt financing to meet its climate goals. Here is a way to reduce that sum


Source: bollyinside.com bollyinside.com

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“In China, the green finance market is already large,” but to achieve that market’s full potential, China must “invite all [global] investors, not only Chinese investors,” said Toshiyasu Iiyama, senior managing director and head of China operations at Japan’s Nomura Holdings. One way to chip away at that sum is cooperation between China and the European Union to establish a common green investment framework. Iiyama and Ma made their remarks Friday during the Fortune Global Centennial Enterprise Forum, a series of virtual conversations held in conjunction with the Qingdao Multinationals Summit, which convened executives from hundreds of global businesses with...