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China to Make Climate Information Disclosure Mandatory

China Emissions

Photographer: Kevin Frayer/Getty Images 

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China aims to make disclosing climate and carbon emission information disclosure mandatory in the future, after first testing it with some commercial banks and listed companies, central bank Governor Yi Gang said.

“Our goal is to make a uniformed disclosure standard, and in the future, we will go in the direction of mandatory disclosure of climate-related information,” Yi said Friday during a panel discussion at the Green Swan conference hosted by the Bank for International Settlements.