Asia Pacific > China’s central bank unveils new lending policy to fund decarbonisation

China’s central bank unveils new lending policy to fund decarbonisation

Published 08:36 on November 9, 2021  /  Last updated at 08:36 on November 9, 2021  / Jiefei Liu /  Asia Pacific, China

The People’s Bank of China (PBOC) has unveiled a new lending policy to provide cheaper funding to carbon reduction efforts, a move analysts say can inject at least a trillion yuan ($160 billion) into the market.
The People’s Bank of China (PBOC) has unveiled a new lending policy to provide cheaper funding to carbon reduction efforts, a move analysts say can inject at least a trillion yuan ($160 billion) into the market.


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