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dc.contributorInquiryen_US
dc.contributor.otherChenghui, Zhangen_US
dc.contributor.otherZadek, Simonen_US
dc.contributor.otherNing, Chenen_US
dc.contributor.otherHalle, Marken_US
dc.coverage.spatialChinaen_US
dc.date.accessioned2020-12-10T14:47:26Z
dc.date.available2020-12-10T14:47:26Z
dc.date.issued2015
dc.identifier.urihttps://wedocs.unep.org/20.500.11822/34527
dc.descriptionRealizing sustainable development depends on “greening finance”—that is, ensuring that the financial institutions charged with allocating available financial assets take environmental and social factors into account when allocating credit, making investments and providing other financial services such as insurance. Transforming from a resource and pollution-intensive economy to a green economy is now a strategic priority for China. Success depends on the development of green industries and the transformation and reduced importance of many traditional industries. Key priorities include clean energy, industrial energy conservation, building energy conservation, transport energy conservation, improvement of energy efficiency and environmental pollution control. Investment needs across key green sectors in China will be approximately RMB2.9 trillion per year from 2015 to 2020 (US$460 billion). Two thirds of this, about RMB2.0 trillion annually (US$320 billion), will need to come from domestic and international financial and capital markets, given fiscal limitations and priorities.en_US
dc.formatTexten_US
dc.languageEnglishen_US
dc.languageChineseen_US
dc.relation.ispartofUNEP Inquiry Reportsen_US
dc.rightsPublicen_US
dc.subjectGREEN ECONOMYen_US
dc.subjectENVIRONMENTAL MANAGEMENTen_US
dc.subjectECONOMIC SYSTEMSen_US
dc.subjectMONETARY POLICYen_US
dc.subjectCLIMATE CHANGEen_US
dc.subjectMARKET ECONOMYen_US
dc.titleGreening China’s Financial System: Synthesis Reporten_US
wd.identifier.sdgSDG 8 - Good Jobs and Economic Growthen_US
wd.identifier.sdgSDG 12 - Responsible Consumption and Productionen_US
wd.identifier.sdgSDG 13 - Climate Actionen_US
wd.topicsClimate Actionen_US
wd.topicsFinance and Economic Transformationsen_US
wd.identifier.pagesnumber80 pagesen_US


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