Green Finance Meets Gender Equality
In the fast-evolving landscape of China’s finance sector, sustainable finance is emerging as a lever for social change—particularly when it comes to women's development. In a recent interview with CGTN, Wang Yao, director general of the International Institute of Green Finance, explained how new green funding tools and policies are bridging gender gaps across the Chinese mainland.
From Policy to Practice
Wang Yao highlights that over the past year, green loans to women-led small and medium enterprises (SMEs) grew by 30%, unlocking more than $1.2 billion in capital. "We’re designing frameworks that channel green bonds and impact funds directly to female entrepreneurs," she says, adding that training programs have reached over 10,000 women across 12 provinces.
Stories of Impact
Take the case of a solar-powered agricultural venture in Yunnan Province, where three women founders used a subsidized green loan to expand their organic tea farm. By tapping sustainable finance, they’ve increased output by 40% while cutting carbon emissions through renewable energy solutions.
Global Lessons and Future Outlook
Experts believe China’s approach can serve as a blueprint for other emerging markets. Wang Yao notes ongoing efforts to integrate digital platforms and blockchain technology, making green funding more transparent and accessible. As the world strives for the UN’s Sustainable Development Goals, sustainable finance offers a double win: a greener planet and a more equal society.
Reference(s):
How sustainable finance supports women's development in China
cgtn.com
