清华大学国家金融研究院 TSINGHUA UNIVERSITY NATIONAL INSTITUTE OF FINANCIAL RESEARCH Research report 2018-5-12 edition TSINGHUA UNIVERSITY NATIONAL INSTITUTE OF FINANCIAL RESEARCH May.12m,2018 Building the Capacity to Finance green in China Leveraging Finance for Green Policy brief Center for Finance and Development Leigh Wedell Abstract China has taken a global leadership role in promoting the mainstreaming of green finance, and has moved the needle forward in a very short period of time. Yet, the full potential of green finance in China is constrained, primarily due to a lack of institutionalized effort to build capacity. Ma Jun, the former green finance point person, chief economist at the People's Bank of China(PBOC)and current chairman of the Green Finance Committee, singled out capacity as key" to the growth of green finance, and the single biggest challenge This paper will provide a brief overview of the current efforts in China as a baseline for green finance development, but the focus will be on practical steps to institutionalize a capacity building framework. As green finance knowledge and tools evolve, capacity building must continually adapt, so we emphasize implementation and structure over specific contentResearch report 2018-5- 12 edition TSINGHUA UNIVERSITY NATIONAL INSTITUTE OF FINANCIAL RESEARCH May. 12 nd, 2018 Building the Capacity to Finance Green in China ---- Leveraging Finance for Green Policy Brief Center for Finance and Development Leigh Wedell Abstract China has taken a global leadership role in promoting the mainstreaming of green finance, and has moved the needle forward in a very short period of time. Yet, the full potential of green finance in China is constrained, primarily due to a lack of institutionalized effort to build capacity. Ma Jun, the former green finance point person, chief economist at the People's Bank of China (PBOC) and current chairman of the Green Finance Committee, singled out capacity as “key” to the growth of green finance, and the single biggest challenge. This paper will provide a brief overview of the current efforts in China as a baseline for green finance development, but the focus will be on practical steps to institutionalize a capacity building framework. As green finance knowledge and tools evolve, capacity building must continually adapt, so we emphasize implementation and structure over specific content