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Asia-Pacific

China’s ESG Policy Dash  

As China’s carbon neutral by 2060 pledge spurs sustainable finance regulation, its financial institutions are calling on the government to move quickly on establishing a taxonomy and ESG standards. 

The world cannot win the fight against climate change without China successfully transitioning to a low-carbon economy, with it accounting for 27% of global carbon dioxide and a third of the world’s greenhouse gases, according to the World Bank.   To reach net-zero emissions by 2060, the World Bank estimates…

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