China flexes heft in international climate finance

China flexes heft in international climate finance

Has China taken the mantle of climate leadership? Attendees stand in front of the China Pavilion during the UN Climate Change Conference (COP30) in Belem, Brazil. (REUTERS) Goings on in Belem at the COP30 climate conference would suggest so – and not just because of the scale of China’s pavilion. Beijing is backing developing countries…

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Hong Kong can unlock capital to fill Asia’s US$800 billion climate-finance gap, AIIB says

Hong Kong can unlock capital to fill Asia’s US$800 billion climate-finance gap, AIIB says

Hong Kong can help Asia fill a staggering climate-financing gap by helping to tap a global pool of more than US$200 trillion to fund sustainable-infrastructure projects, according to the Asian Infrastructure Investment Bank (AIIB). There was a glaring disconnect between the vast amount of available capital and the low deployment of funds for climate action…

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