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Green money for low carbon


Green money for low carbon
By HOU LIQIANG and YANG JUN in Guiyang |
China Daily |
Updated: 2021-07-14 07:45
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An aerial view shows Yueshanhu Park in Guiyang, capital of Southwest China s Guizhou province, on July 10, 2021. [Photo/Xinhua]
Experts have called for intensified measures to tap the potential of green finance in promoting low-carbon transformation as the country forges ahead with its climate targets.
Liu Yanhua, director of the National Committee of Experts on Climate Change, cited a prediction by the Bank of China that hitting the carbon neutrality target before 2060 would require trillions of yuan.
Addressing a carbon neutrality forum held on the sidelines of ECO Forum Global Guiyang 2021 in Guiyang, Guizhou province, Liu said on Tuesday there is a huge funding gap to turn the target into reality. ....

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