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Environmental News For The Week Ending 24 April 2019
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China s Xi Agrees to Take Part in Biden s Climate Summit - Governors Wind Energy Coalition
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China’s Xi Jinping Agrees to Take Part in Biden’s Climate Summit Bloomberg 34 mins ago Bloomberg News © Photographer: Christopher Furlong/Getty Images Europe WARRINGTON, UNITED KINGDOM - NOVEMBER 16: The coal fueled Fiddlers Ferry power station emits vapour into the night sky on November 16, 2009 in Warrington, United Kingdom. As world leaders prepare to gather for the Copenhagen Climate Summit in December, the resolve of the industrial nations seems to be weakening with President Obama stating that it would be impossible to reach a binding deal at the summit. Climate campaigners are concerned that this disappointing announcement is a backward step ahead of the summit. (Photo by Christopher Furlong/Getty Images)
China’s Xi Agrees to Take Part in Biden’s Climate Summit Bloomberg 2 hrs ago Bloomberg News © Photographer: Christopher Furlong/Getty Images Europe WARRINGTON, UNITED KINGDOM - NOVEMBER 16: The coal fueled Fiddlers Ferry power station emits vapour into the night sky on November 16, 2009 in Warrington, United Kingdom. As world leaders prepare to gather for the Copenhagen Climate Summit in December, the resolve of the industrial nations seems to be weakening with President Obama stating that it would be impossible to reach a binding deal at the summit. Climate campaigners are concerned that this disappointing announcement is a backward step ahead of the summit. (Photo by Christopher Furlong/Getty Images)
PBOC Governor Vows to Limit Investment in Carbon Assets
Bloomberg 4 hrs ago Bloomberg News © Photographer: Emmanuel Wong The People s Bank Of China (PBOC) in the Financial Street in Beijing, China.
(Bloomberg) China’s central bank will limit investment of the country’s foreign exchange reserves in high-carbon assets as part of the nation’s efforts to cut carbon emissions and move toward a greener economy, Governor Yi Gang said.
“We will continue to increase the allocation of green bonds in foreign exchange reserves, and limit investments in high-carbon assets,” Yi said at a panel discussion at the Boao Forum on Asia in Hainan province on Tuesday.
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