China is working on criteria with which to evaluate the implementation of its green credit policy by banks and enterprises.
The government on Friday introduced new guidelines intended to encourage commercial lenders to facilitate loans to "green" enterprises.
Israel is to loan China $300 million for high-tech water-saving agricultural projects, according to an agreement signed Wednesday by both countries' finance ministers.
China Power New Energy Development said on Monday it plans to raise 500 million yuan ($77 million) from bond sale in Hong Kong to fund the construction and operation of its clean energy projects in the Chinese mainland.
The idea of "going green" is becoming a prominent strategy in the world of business. But green financial products are still rare, especially in China.
China will establish easy financing channels for companies that manufacture energy-saving and environment-protecting equipment, the Shanghai Securities Journal reported Friday.
China's private equity fund Yun Feng Capital has raised about 10 billion yuan ($1.52 billion) through two funds to invest in Internet, consumer and new energy firms in China, its chairman David Yu said.
Partly as a response to the global climate challenge, China's booming green industry has become the engine that boosts global economic cooperation and encourages investment into the country.
China Development Bank (CDB) will offer China Three Gorges Corporation (CTGC) more than $11 billion in financial support over the next five years, said the bank on Wednesday.
Private equity firm Silver Lake has invested in a Chinese energy efficiency firm Nobao Renewable Energy Holdings, seizing growth opportunities in China's booming green sector.
Demand for financing to China's new energy industry, emission reduction and environmental protection could amount to 8 trillion yuan ($1.2 trillion) in the coming decade, said a senior provincial official on Tuesday.
Efforts to reduce greenhouse-gas emissions through domestic cap-and-trade systems have acquired new urgency, as China is set to become the world's largest emitter and energy user in the coming decade.
As a pioneering entrepreneur in China's environmental protection industry, Wen Yibo is no doubt upbeat about the prospects for his company. But a major hurdle now facing the 44-year-old is how to raise capital for business expansion.
China's first fund for environmental industry was launched Monday in Beijing, aiming to promote investment in the country's environment-related sectors.
The Asian Development Bank (ADB) will help develop a new technology that will substantially reduce greenhouse gas (GHG) emissions in China, the bank announced on Thursday.