Innovative Mechanisms of Sustainable Investment in Environment and Climate

After more than a decade of development, China has achieved remarkable success in its green transformation. This primarily related to two characteristics of green technology and the green industry as the manufacturing sector.

However, relying mainly on expanded production capacity in existing mature technologies to drive the green transformation will face increasing challenges. In this new paradigm, the green transformation needs to rely more on breakthrough innovations, and the financial system serving the green transformation must make corresponding adjustments. Green technology innovation enjoys positive externalities brought by technological innovation, which means that both innovation and carbon reduction activities should bring additional benefits to society.

Task Force: - Topic: Sustainable Finance Year: 2024 Phase: Phase VII (2022-2027) Active