PEOPLE’S BANK OF CHINA TO DEVISE STRUCTURAL MONETARY POLICY

Highlights –

• People’s Bank of China to devise structural monetary policy.
• The policy tools will help support the economy for key projects in the reduction of carbon emissions.
• The policy will establish an incentive-compatible mechanism in line with the market-based principle.
• By the end of 2020, the country's outstanding amount of green loans came in at $1.85 t....
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  Tags : PEOPLE'S BANK OF CHINA, CHINA CENTRAL BANK, CHINA CARBON EMISSIONS, CHINA SUPPORT GREEN PROJECTS, CARBON EMISSION REDUCTION,

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