China Is Focused on Green Investments

China should definitely get into green investments. If the world is making fun of Canada selling you air in cans so you can breathe fresh air, it's a sign that your country is heading towards trouble.

The Paris Agreement, signed last year by 174 nations including China, aimed to bring down the world's carbon footprints as historic commitments to climate change.

China has dedicated itself to "green finance", which has become a pillar of trouble for its country. 

China has relinquished itself as the global testing ground for innovative green-finance ideas. This priority also allows it to experience the first success of any innovative concepts in green finance.

The program extends to the domestic side of things with a focus on financing green growth and "clean" businesses.

If China is successful, it could mean standardising its systems for the rest of the world when it comes to financial systems, corporations and incentives.

In short, it could make the Paris Agreements bearable or even successful by a far margin.

As Zhou Xiaochuan, Governor of China’s central bank, said during the recent Spring IMF/World Bank meetings in Washington, DC, “green finance is a strategic priority.” Zhou estimates the costs of cleaning up China’s environment alone will run over $600 billion annually for at least five years. The Chinese government can meet only 15 percent of that estimate. Alternate sources of funding must be found — a problem that will be replicated in many countries as pressure to implement the Paris Agreement increases.