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FTSE Extends Losses; Spiralling Covid-19 Cases -2-
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FTSE Closes Significantly Down Due to Economic -2-
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Pillsbury Releases Comprehensive Report on the Future of Sustainable Finance
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Supporting the Green Belt and Road: GFLP collaborates with GIP to launch its first regional chapter
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China, EU lead green revolution with finance standards By CHEN JIA | China Daily | Updated: 2021-04-29 09:42 On April 21, China finished the revision of the Green Bond Endorsed Project Catalogue.[CAI MENG/CHINA DAILY]
China and the European Union are jointly leading reform of global green finance by promoting a common scheme of classification, which has focused attention on the importance of investment in addressing challenges of climate change, analysts said.
On April 21, China finished the revision of the Green Bond Endorsed Project Catalogue which is a set of fundamental standards for selecting appropriate investment targets for green bonds.
It removed fossil fuel projects from the list, an action that made the catalog consistent with international rules.