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China central bank: country must make $315 b $630 billion green investments per year

2015-10-09 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Chinas central bank deputy governor, Yi Gang, has said that China must make green investments of between 2 and 4 trillion yuan (205bn 410bn) every year for the next five years, with the Chinese government only able to cover 15% of that amount. Yi was speaking on Thursday at the International Monetary Fund meeting in Lima. He added that China will make green finance a top priority when it takes up the G20 chair next year: If we dont have international cooperation, we will find that investment...

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