"Greening China’s Financial System", 11 May 2015

...China and other major emerging economies appear committed to designing financial systems that serve the long-term imperatives of inclusive and sustainable development...Policy-directed investment vehicles, which have grown in number and significance in recent years, are critical to this effort...[A] task force created by the Peoples’ Bank of China has just unveiled 14 ambitious proposals...The proposals cover four broad areas...Specialized investment vehicles to support green investment, domestically and internationally...Fiscal and financial support, including interest subsidies for green loans, incentives for developing the green bond market, and better mechanisms for green firms to communicate their environmental performance in equity markets...New financial infrastructure, including carbon markets, a green ratings system, and a green investor network...Legal infrastructure, including clearer lender liability provisions, compulsory environmental liability insurance, and the disclosure of environmental information...[refers to Asian Infrastructure Investment Bank]