Reuters reveals China to unveil new rules to rein in fund ‘greenwashing’ – Reuters News Agency


Environment

Reuters exclusively revealed China plans to tighten rules to regulate environmentally friendly, or so-called green funds, as part of its efforts to rein in ‘greenwashing’ in the world’s second-largest climate fund market. The new rules, which could be in place in the first half of 2023, will mark a major change in a rapidly growing corner of the funds industry in China, where asset managers currently have the leeway to determine the scope of green investments on their own.

Article Tags

Topics of Interest: Environment

Type: Reuters Best

Sectors: Government & Public Services

Regions: Asia

Countries: China

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



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