General

Asset Pools : General

Inquiry Publications

  • China Green Finance Task Force Report: Environmental Cost Analysis

    Date: 02-Apr-2015

    China’s existing accounting system fails to effectively evaluate environmental costs, leading to them being interested in investment, commercial and policy decision-making. This paper sets out the case for creating a public non-profit environmental cost analysis system, to give access to environmental data and methodologies, and reduce the cost and information barriers to evaluating the true environmental cost of investment

  • China Report: A Framework for Green Finance

    Date: 06-Oct-2015

    The existence of externalities has made it hard to quantify the intrinsic value of the “green mountains and blue water” of the natural environment. This has led to a dysfunction in traditional financial markets, which are delivering an insufficient supply of capital for green development and an oversupply of capital for highly polluting activities. As a new financial

  • China Report: Demand for Green Finance

    Date: 06-Oct-2015

    This paper reviews the statistics on investment in fixed assets of key green sectors in China to date and estimates the demand for green finance over the next five years, from 2015 to 2020. It estimates over 3 per cent of GDP—RMB 1,642 billion (USD 260 billion)—was invested into core green industry and infrastructure sectors in 2012.

  • Delivering The Green Economy Through Financial Policy

    Date: 07-May-2014

    This working paper was produced for the early stage of the Inquiry to provide an inital overview of the areas where the financial sector can have an impact on moving the green economy forward and the extent to which green financial policy is already actively being practiced. The paper is focused on financial regulation and the instruments of financial policy that

  • China Green Finance Task Force Report: Theoretical Framework

    Date: 02-Apr-2015

    Despite the considerable headway made in the promotion of green credit by the government of China, efforts for building a green finance system remain fragmented and conceptual. This paper develops a theoretical framework for green finance. A ‘green finance system’ refers to a series of policies, institutional arrangements and related infrastructure building that, through loans, private equity,

  • China Report: Environmental and Industrial Policy Environment

    Date: 06-Oct-2015

    This paper outlines the frameworks of Chinese law and policy concerning environmental protection, public investment, financial policy and industrial policy and the challenges they face. Policy and Legal Frameworks: Over the past 20 years, China has built up a comprehensive system of laws,regulations, rules, standards and guidance on environmental protection. However, challenges remain an inadequate institutional

  • China Report: Monetary Policy and Green Finance

    Date: 06-Oct-2015

    Monetary policy has been largely neglected in the worldwide discussions on green finance. Similarly, most central banks have not even started thinking about their role in helping society reach its environmental objectives and about the potential implications of environmental degradation for their mandates. Bringing light to this blind spot is critical. This report aims to

Copyright © United Nations Environment Programme. All Rights Reserved. Contact us