#24: Swapping Market Neutrality for Climate Positivity, China’s Central Bank Sets an Example

Central banks have traditionally embraced market neutrality, but the climate crisis has pushed the People’s Bank of China to introduce policies that favor green projects.

Over the past few months, we’ve explored how different financial institutions, market-based policy tools, and science-based green finance standards can help accelerate China’s climate action. This week, we turn our attention to China’s central bank – the People’s Bank of China (PBoC).

In this analysis, I, along with Anqi Dang, a Paris-based green finance…