China has promoted green finance as part of a plan to shift its economy towards sustainable growth while making a high profile pledge to be carbon neutral by 2060 - but should ESG-focused investors be convinced now is the time to allocate? Stephen Little investigates
As part of its blueprint to open its fast-growing economy to a worldwide audience, Beijing has been promoting green credit, green securities and green insurance, as interest in ESG investment has risen significantly. The international green bond market is booming, and investors are increasingly adopting ESG factors in their mainstream decision-making processes, which should all set the stage nicely for Chinese companies to show their wares. ESG investing is also booming in China, with total sustainable fund assets rising by 271% last year to $26bn, according to figures from Morningstar...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes