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MNI BRIEF: PBOC To Support Belt & Road Green Bond Issuance

MNI (Singapore)
MNI (Beijing)

The People’s Bank of China will support countries under the Belt and Road initiative to develop green finance and promote their issuance of green bonds in China, PBOC Governor Pan Gongsheng told the third Belt and Road Forum for International Cooperation on Wednesday in Beijing.

The PBOC will guide Chinese financial institutions to increase support for Belt and Road green projects, and is set to release guidelines on strengthening financial support for green and low-carbon development soon, Pan said. (SeeMNI INTERVIEW: China’s Green Asset Push To Lure Global Capital)

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