Apr 01, 2023 02:43 AM

China’s Green Debt Pioneer Says Transition Market Is Bigger

(Bloomberg) — A new kind of environmentally focused investment known as transition finance is poised for a boom in China that will dwarf its 25 trillion yuan ($3.6 trillion) green debt market.

That’s the prediction of Ma Jun, a former member of the monetary policy committee at the People’s Bank of China who drafted the country’s first green finance guidelines in 2015.

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