China's Murky $300 Billion Bond Market Holds Climate Change Key

The video discusses the rapid growth of China's green market, driven by top-level environmental policies and ambitious carbon-neutral targets. Despite raising over $300 billion, transparency issues and risks, such as greenwashing, persist. The market is largely accessible to onshore investors, but global interest is higher. The People's Bank of China acknowledges these risks and urges market participation to meet the estimated $18 trillion needed for transition. Recent efforts aim to align China's market with international standards, including a framework with the EU.

What is the estimated cost of the transition to a greener economy in China, and how does it compare to the amount raised in green bonds?

What measures have been taken by authorities to improve the quality of the green bond market in China?