China Establishes 'Green Stock Exchange' in Beijing

China Established a Green Stock Exchange in Beijing
China Establishes 'Green Stock Exchange' in Beijing

China Beijing Green Exchange (CBGEX), a professional marketplace platform combining various environmental trading services, was launched in Tongzhou District. With the goal of making it a green exchange at the national level, CBGEX will focus on strengthening carbon pricing, carbon emission measurement and carbon finance capabilities and serving more emitters.

Over the weekend, CBGEX signed strategic cooperation agreements on climate investment and financing with six pilot provinces and cities, including Beijing, Shandong and Shanxi. In addition, green finance strategic cooperation agreements with banks and insurers and various collaborations with businesses, FinTech and the green industry were initiated.

CBGEX will further promote cooperation between green industries and projects along the Belt and Road, serve to build the national green development zone, and help the country achieve its high-quality development and carbon goals.

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