Successfully Implementing Green Finance at Financial Institutions in China
COUNTRY / REGION
China / South, Southeast & East Asia
Green finance is becoming a key component of the efforts to develop an efficient and resilient economy in China. The country’s innovative and ambitious approach aims to improve national environmental performance and encourage the growth of green industries for the future. IPC’s green finance approach establishes a solid foundation to support this transition process. Our green finance approach allows banks to create additional value in their business operations while reducing their negative environmental impact.
Through their lending activities, banks play a strong role in shaping the natural environment by deciding which industries and types of investment will receive financial support. At the same time, financial institutions themselves also create an environmental footprint through their own resource consumption. As a result, banks need to systematically mitigate the impacts caused both directly by their daily operations and indirectly by their lending activities.