• <a fr-original-style="" href="https://www.bloomberg.com/news/articles/2022-01-09/ex-imf-official-urges-china-to-add-carbon-to-monetary-goals" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">The Chinese central bank</a> should add carbon neutrality as the third pillar of its monetary policy goals, on top of stabilizing prices and supporting economic growth, said Zhu Min, a former IMF deputy managing director. The People’s Bank of China has been taking steps to become carbon neutral by 2060, pledging cheap loans to companies in clean energy and environment-friendly industries.<blockquote fr-original-style="color: rgb(9, 9, 9); border-color: rgb(255, 225, 68); border-width: 4px; font-style: italic; padding-left: 10px;" style="color: rgb(9, 9, 9); border-color: rgb(255, 225, 68); border-width: 4px; font-style: italic; padding-left: 10px; margin: 0px 0px 1em; border-left-style: solid; box-sizing: border-box;">“China’s financial industry must fully realize the strategic significance of carbon neutrality, the possible financial risks of carbon-neutral transformation and the financial opportunities of carbon-neutrality,” – Zhu Min.</blockquote>

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