Contributor: Peter Knaack

Greening Financial Governance: Lessons from China

| 13 January 2022
Discussion Notes, Monetary | Tags: China, Governing Finance, Green Finance, Macroprudential Regulation, Monetary Policy
China’s turn towards green financial governance has causes and consequences that are instructive for policymakers elsewhere. This paper traces the evolution of rules and regulations designed to guide China’s financial system towards supporting green firms and projects since the 1990s. It outlines four domestic reasons ... continue reading