The Maowei floating photovoltaic power station in east China’s Anhui Province. The floating power station has an installed capacity of 130 megawatts. Photo: Xinhua
The Maowei floating photovoltaic power station in east China’s Anhui Province. The floating power station has an installed capacity of 130 megawatts. Photo: Xinhua

Sustainable finance: Why China is tapping into foreign banks’ expertise to aid decarbonisation push

  • Beijing is for the first time allowing foreign banks to access a central government facility for green finance
  • The move will help Chinese companies tap into overseas funds that are contingent on adherence to ESG norms, a senior banker says

The Maowei floating photovoltaic power station in east China’s Anhui Province. The floating power station has an installed capacity of 130 megawatts. Photo: Xinhua
The Maowei floating photovoltaic power station in east China’s Anhui Province. The floating power station has an installed capacity of 130 megawatts. Photo: Xinhua
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