Summary:

This policy brief compares China's four main green finance taxonomies and finds they lack explicit quantitative thresholds tied to carbon neutrality, differ in coverage (fossil fuels, nuclear inconsistently included), and inadequately address non‑CO₂ gases and transition activities; argues standards should be directly linked to neutrality pathways, phase out support for transitional fossil projects over time, and expand non‑CO₂ controls (agriculture, HFCs) to prevent greenwashing and better align finance with the "dual carbon" agenda.

Suggested citation:

Liu, Xueye. (2024). China's Green Finance Standards and Dual Carbon Goals (Policy Brief). Beijing: iGDP.

License:

Creative Commons Attribution 4.0 International License (CC BY 4.0)