Green Finance

The year 2020 is not only the time frame of China’s new and former five-year plans, but also the “super year” in the field of global ecological protection. The recent large-scale outbreak of COVID-19 has once again demonstrated the importance and urgency of strengthening ecological and biodiversity conservation. As the global economic recession triggered by the epidemic is expected to accelerate, enhancing ecological protection and biodiversity conservation, investment, and financing will play a positive role in economic recovery.

With the support of the China Council for International Cooperation on Environment and Development, this report aims to address two key problems in the field of ecological protection by drawing on successful international and domestic practices. The first one is that the traditional model of public finance is insufficient to meet the financing needs of ecological protection, and a large amount of social capital and financial resources have not been used effectively. Second, the key areas of ecological protection are often underdeveloped and poverty-stricken areas. The conflict between ecological protection and the urgent need for local economic development affects the effectiveness of ecological protection and the security of investment.

Task Force: Low-Carbon and Inclusive Transition Topic: Sustainable Finance Year: 2020 Phase: - Concluded