Quotable quotes from Boao Forum
chinadaily.com.cn |
Updated: 2021-04-21 06:40
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Yi Gang, governor of the People's Bank of China
China, which has issued the largest amount of green loans in the world, will continue to open up the financial sector and facilitate the participation of international investors in its green finance market.
In terms of specific measures to boost green financing, the central bank plans to develop a mandatory disclosure system that would require all financial institutions and firms to follow unified disclosure standards, he said.
"We will step up support for carbon emission reduction by leveraging commercial bank ratings, deposit insurance rates, and a macro-prudential assessment framework," Yi added.
