Chinese emissions to turn Beijing into leader of climate business boom as carbon may shapeshift into new currency ...News

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Chinese emissions to turn Beijing into leader of climate business boom as carbon may shapeshift into new currency
source : Russia Today ( News ) () 16
China may soon find itself at the heart of the climate business boom, according to vice chairman and executive director of the Paulson Institute, Deborah Lehr. The expert noted that the country is turning into a leader in innovative green finance as the scale of China’s emissions creates opportunities. “Carbon could become a new currency, with China creating the terms, the standards and the pricing,” she said speaking via video at the International Finance Forum 2021 Spring Meetings held in Beijing on Sunday. China’s national-level carbon trading program which is set to start by the end of June is expected to guarantee the nation the l

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