Chinese Central Bank Calls for Green Finance to Go Mainstream


The People’s Bank of China (PBOC) has stressed its commitment to the development of green finance at a recent key work meeting.

PBOC recently held its 2022 Research Work Teleconference, according to an announcement made via its official website on 7 April.

The meeting called for “supporting green, low-carbon development in becoming the mainstream, and achieving the orderly and effective dovetailing of green finance with financial transformation.”

“[We] must be guided by new development concepts, and focus on development which integrates green finance, financial inclusion and tech finance,” said the PBOC meeting.