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China Should Let Private Capital Support Carbon Neutrality: Herald

CHINA PRESS
MNI (Sydney)

China should encourage private equity firms and venture capitalists to become involved in funding its ambitious carbon-reduction push through selling bonds, providing insurance and raising funds, the 21st Century Business Herald reported citing a report from an institute headed by Ma Jun, an advisor to the People's Bank of China. A green financial system with active private capital participation is essential to achieving carbon neutrality given the target requires about CNY138 trillion of investment, Ma said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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