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Green Finance Policy Evolution in China and the Impact of Pilot Zones: Huzhou Case Study

Green Finance Policy Evolution in China and the Impact of Pilot Zones: Huzhou Case Study
Open Resource

Year Published

2025

Contributing Organizations

CFA Institute
Capacity-building Alliance of Sustainable Investment (CASI)

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Climate & Transition Finance
Topic 2
Climate Policies & Frameworks

Target Audience

Governments & Policymakers
Financial Services Providers
Banks
Asset Managers
MDBs/DFIs

Relevant Geography

Asia & the Pacific
Green Finance Policy Evolution in China and the Impact of Pilot Zones: Huzhou Case Study
Open Resource

Resource Description

This resource examines the evolution of green finance in China through the lens of the Huzhou pilot zone. It explores how bottom-up innovation within pilot zones can complement top-down policy to support sustainable economic development.

Why This Matters

Huzhou’s experience offers lessons for emerging markets on integrating sustainability into financial systems through localized approaches, regulatory innovation, and cross-sector collaboration.

Key Insights

  • Describes how Huzhou developed local green finance standards, taxonomies, and over 180 financial products to support SMEs and green industries
  • Highlights the role of capacity building across government, financial institutions, and businesses as a foundation for success
  • Details policy incentives such as green loan subsidies and penalties for greenwashing, alongside digital platforms to lower access barriers
  • Explains Huzhou’s expansion into biodiversity and transition finance, including a municipal taxonomy

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