While rapid economic development in the People’s Republic of China (PRC) in recent decades has come at significant cost to the environment, attention is increasingly turning to green finance, which also has developed rapidly over the last few years. Experts who are directly involved in the development of green finance initiatives in the PRC are featured in this session.

The path that the People's Republic of China has taken to design its green financial system is covered in this presentation. It also examines closely the concept of green finance by understanding its meaning and importance.

While governments around the world including that of the People’s Republic of China (PRC) has committed to greening the economy, meeting the huge financing needs of non-public sources remains a challenge. This presentation discusses how green finance is channeled in the PRC, the challenges encountered, and ADB’s approach to support the greening of the country’s financial system.