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Showing posts from February, 2023

Who are China Construction Bank, what are UN Sustainable Development Goals?

China Construction Bank China Construction Bank (CCB) is one of the four largest state-owned banks in China, it was founded in October 1954 and is headquartered in Beijing. The total capital value ranks among the top listed banks worldwide  (CCB, 2022).  In addition, as a globally systemically important bank (G-SIB), China Construction Bank plays a vital role in supporting global economic growth and development. However, the collapse of China Construction Bank would pose the risk of a financial crisis.  China Construction Bank is developing a green finance business to meet the United Nations Sustainable Development Goals, which include green credit, green bonds, green leasing, etc.  By the end of September 2022, CCB's green loans amounted to RMB 2.6 trillion (CCB, 2022).  (Source: CCB, 2022) What are UN SDGS and How are they relevant to green finance?  The UN Sustainable Development Goals The Sustainable Development Goals (SDGs) are a new set of development...