Wang’s Café Goes Green: Innovative Finance Solutions for Small Companies
Peter Knaack | 27 March 2025
Monetary,
Blog | Tags:
China,
Entrepreneurship,
Financial Inclusion,
Green Finance Financial markets have mobilized a large and growing amount of money for climate action – but most of it goes to large firms. Small companies (micro, small, and medium-sized enterprises or MSMEs in the jargon) struggle to access the finance needed to green their activities.
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Inclusive Green Finance for Small Companies: A Case Study of Pilot Cities in China’s Zhejiang Province
Jingyi Zhang,
Peter Knaack and
Danqing Shao | 21 February 2025
Monetary,
Discussion Notes | Tags:
China,
Entrepreneurship,
Financial Inclusion,
Green Finance Micro, small, and medium-sized enterprises (MSMEs) are crucial for the transition to a sustainable economy. However, they face major challenges in accessing financing for sustainable investments.
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Inclusive Green Finance: a New Agenda for Central Banks and Financial Supervisors
Ulrich Volz and
Peter Knaack | 23 June 2023
Monetary,
Policy Briefs | Tags:
Financial Inclusion,
Green Finance Through an integrated inclusive green finance (IGF) approach, central banks and financial supervisors can enable a just transition to an environmentally sustainable economy and avoid potential adverse effects on economically vulnerable groups.
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Global Financial Networked Governance – The Power of the Financial Stability Board and its Limits
Peter Knaack | 27 March 2023
Books | Tags:
Finance Stability,
Governing Finance Peter Knaack's book provides a careful analysis of the Financial Stability Board (FSB) and the standard-setters under its umbrella, showing how government networks harness the power of public reputation to herd their members into compliance.
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Two Sessions 2023: Reforming China’s Financial Governance
Sebastian Guo and
Peter Knaack | 22 March 2023
Monetary,
Blog | Tags:
China,
Economic Growth,
Financial Stability Over the past years, China has reformed the governance of its financial system to better serve its development path.
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Does Fintech Promote Entrepreneurship? Evidence from China
Peter Knaack | 24 January 2023
Monetary,
Blog | Tags:
Digital Economy,
Entrepreneurship,
Fintech Policy moves and public statements in recent years indicate that Beijing seeks to simultaneously support the growth of internet finance platforms and reign in anticompetitive practices and risky behavior.
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Greening Financial Governance: Lessons from China
Peter Knaack | 13 January 2022
Monetary,
Discussion Notes | Tags:
China,
Governing Finance,
Green Finance,
Macroprudential 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
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