Rural China bank wades into carbon financing amid govt encouragement

Published 16:55 on August 10, 2017  /  Last updated at 00:11 on August 11, 2017  /  China, China's Pilot Markets  /  No Comments

A rural bank in China’s Guangdong province has agreed a loan to a small, privately-owned cement company using carbon permits as collateral, one of the first small lenders to pick up on government encouragement to make use of the nation’s emerging environmental commodity markets.

A rural bank in China’s Guangdong province has agreed a loan to a small, privately-owned cement company using carbon permits as collateral, one of the first small lenders to pick up on government encouragement to make use of the nation’s emerging environmental commodity markets.

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