2024-06-10 03:54:00
London, June 10, 2024 (Xinhua Information Company) – Latest reviews present that funding in renewable power tasks by British monetary establishments will triple by 2023, with Chinese language banks enjoying an lively position on this inexperienced transfer .
Funding by UK monetary establishments in renewable power tasks will rise to $2.3 billion in 2023, the Metropolis of London Company and the Local weather Coverage Initiative reported on Tuesday, with information exhibiting that since 2015 Chinese language monetary establishments have issued… London Inventory Alternate USD 12 billion price of inexperienced bonds issued.
Chinese language banks corresponding to Financial institution of China London Department and China Building Financial institution London Department have considerably elevated financing for UK inexperienced tasks.
As of January 2024, Financial institution of China London Department has issued sustainable bonds price US$2.4 billion within the British monetary market, and China Building Financial institution London Department has performed an lively position within the sustainable market initiative proposed by the Financial institution of England.
Yang Aimin, President of China Building Financial institution London Department, stated: “China-UK third-party market cooperation can enable all events to leverage their comparative benefits and proceed to implement the sustainable improvement agenda.” /Finish of Information/
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