Date
17 August 2017

Ministries call for climate-linked financial markets, paper says

The National Development and Reform Commission and the Ministry of Finance urged local governments to establish climate control-linked financial markets and roll out related financial products, such as disaster insurance and climate-linked indexes, the China Securities Journal reported Tuesday, citing a statement issued Monday. The ministries said new means of financing and a broader range of insurance products would complement the financial system, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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