ICBC ranks first among China's domestic commercial banks in terms of the total amount of green investment and financing. It released the sole "Belt and Road" green finance (investment) index in the industry. As demand for high-carbon products and energy declines, the operation of enterprises will be restrained, which may result in credit risk. ICBC head office has established a green finance committee, which is tasked to co-ordinate and urge all business lines and institutions across the ICBC Group to develop green finance. Herald: How different has the uptake of green finance been in different markets around the world?

Source: New Zealand Herald May 27, 2021 16:52 UTC