GLOBALink | Green finance expert lauds China's efforts to address climate change

LONDON, July 13 (Xinhua) -- A green finance expert has lauded China's efforts to address climate change, noting that China will meet the goal of peaking carbon dioxide emissions before 2030.

Kidney applauds China's progress in a number of areas, including emissions trading schemes, industrial policies, clean energy policies and green finance development.

As a renowned advocate and promoter of global green finance, Kidney is confident that China's green bond market will continue to grow.

According to the "China Green Bond Market Report 2021," the country's "cumulative issuance of green bonds by Climate Bonds definition reached nearly 200 billion U.S. dollars at the end of 2021. Annual issuance made a record high to 68.2 billion U.S. dollars, up 186 percent from a year earlier."

Looking at the prospects of green finance development, Kidney, who is also a green finance advisor for several governments and organizations across Europe and the world, urged stronger international collaboration.

Produced by Xinhua Global Service