China, UK collaborate in developing green finance

Source: Xinhua| 2020-10-24 16:18:30|Editor: huaxia

China Green Finance Committee's Chairman Ma Jun on Thursday told Xinhua that the Central Banks and Supervisors Network for Greening the Financial System (NGFS), headed by China and the UK, has now more than 70 central banks on board, becoming a very important international body. As the Co-Chair of China-UK Green Finance Taskforce, Ma said recently that China and the UK jointly initiated a set of principles, namely green investment principles, under the Belt and Road Initiative. Ma said with China announcing the carbon neutrality target, many international investors have shown interest in getting involved to help China's local governments develop zero-carbon projects. China aims to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060.