Opinion: China Is in a Unique Position to Finance the Green-Tech Revolution

While many countries are marshalling their financial services to adequately support industry innovation, China is advantaged given the state’s vital role in both the financial sector and beyond. Photo: VCG

While the world is looking to new breakthroughs at the Glasgow Climate Summit, China is committed to strengthening its 2030 climate target, peaking emissions before 2030, and achieving net-zero by 2060. Despite the 10-year lag compared to most Western countries’ “net-zero by 2050” goal, we genuinely think China may be the best positioned to lead this global change for good given its unique economic structure.

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