Chinese finance plays a pivotal role in addressing China’s environmental challenges, as well as those of countries hosting Chinese investments. Between 2004 and 2013, China’s overseas investments increased from $45 billion to $613 billion. At the same time, finance must be scaled up quickly to address climate and other sustainable development goals. It’s estimated that about 3 percent of China’s GDP will be required annually for investments in “green” projects from 2016 to 2020.
China’s success in transitioning to a low-carbon, climate-resilient pathway relies on its rapidly developing financial markets. The projects that China finances overseas can also have a significant environmental impact. Green finance presents opportunities for new markets, investments, and standard-setting.
WRI China works to increase sustainable investments and direct finance towards less environmentally and socially impactful investments. We aim to create supportive policies and institutions at local, provincial and national levels to better serve the needs of Chinese and international economic development in the 21st century.
We explore sustainable financing policies and best practices with domestic and international peers. We provide data, mapping and analysis of Chinese finance domestically and internationally. And we foster cooperation between stakeholders from business, policy, think tanks, research institutes and civil society.