Author

Ruichen Hong

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Ruichen Hong is a research assistant at the International Institute of Green Finance (IIGF). He received a Master of Accounting from the University of Glasgow,  UK, and is in the process of receiving the certification by the Association of Chartered Certified Accountants (ACCA) . He is a main author of the China Climate Financing Report and Establishing China’s Green Financial System: His research areas are climate finance, carbon finance, environment accounting and carbon accounting.

On July 16, 2021, the Ministry of Commerce (MOFCOM) and the Ministry of Ecology and Environment (MEE) of China issued the “Green Development Guidelines for Foreign Investment and Cooperation” (hereinafter referred to as the 2021 Green Guidelines). The Guidelines focus on both investment and trade. With MOFCOM being responsible for regulating Chinese…

Editorial Note: In many countries, human activities are highly intensive, whereas ecological environment is relatively weak and hardly adaptable to climate changes. Climate finance is therefore of great urgency to improve climate conditions and develop sustainable economy. In September and October 2013, Chinese President Xi Jinping proposed two economic development…