CICC makes green finance 'top priority' to help fund China's carbon neutral pledge

CICC makes green finance 'top priority' to help fund China's carbon neutral pledge

Today·2021-04-23 13:02

SHANGHAI - Chinese investment bank China International Capital Corp (CICC) has made green finance a "top priority", as Beijing steps up pressure on financial institutions to help fund its carbon neutrality pledge.

CICC has formed a "green agility team" of 20-plus investment bankers dedicated to channeling funding into low carbon and clean energy projects, Managing Director Cheng Daming told Reuters.

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