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China to require financial institutions to move towards green finance

China to require financial institutions to move towards green finance - central bank gov Reuters 1 hr ago © Reuters/THOMAS PETER China Development Forum in Beijing BOAO, China (Reuters) -China will require financial institutions to transition towards green finance as early as possible, to help achieve the country s carbon neutrality goals, central bank governor Yi Gang told the Boao Forum on Tuesday. Popular Searches We will urge financial institutions to make transitions as early as possible, Yi said. The central bank will give incentives to financial institutions to support such transitions and will unveil new tools to boost financing for carbon emission cuts, Yi said.

Xi Jinping of China Calls for Openness Amid Strained Ties With U S : Live Updates

Canadian Rivals in Bidding War for U.S. Railroad: Live Updates RIGHT NOW The railroad barons are at it again. Canadian National Railway on Tuesday offered to buy Kansas City Southern for $33.7 billion, topping a $29 billion bid put forward last month by a rival railroad operator, Canadian Pacific. The competing offers underline the riches expected to come from trade flows after the United States-Mexico-Canada Agreement was passed into law last year. A merger with either suitor would create a railroad line that stretches from Canada to Mexico. In the already consolidated railroad industry, few lines are left to bid on let alone deals that will be approved by regulators.

China to require financial institutions to move towards green finance - central bank gov

By Reuters Staff 2 Min Read BOAO, China (Reuters) -China will require financial institutions to transition towards green finance as early as possible, to help achieve the country’s carbon neutrality goals, central bank governor Yi Gang told the Boao Forum on Tuesday. FILE PHOTO: China s Central Bank Governor Yi Gang speaks at the China Development Forum in Beijing, China March 24, 2019. REUTERS/Thomas Peter China’s President Xi Jinping has promised to bring the country’s climate-warming greenhouse gas emissions to a peak before 2030 and achieve carbon neutrality by 2060, committing the country to an accelerated transition to renewable energy. “We will urge financial institutions to make transitions as early as possible,” Yi said.

China to require financial institutions to move towards green finance - central bank governor

China to require financial institutions to move towards green finance - central bank governor
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