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Blue Finance Development in Shandong Province, People’s Republic of China
This brief shows how mainstreaming blue finance hinges on developing a solid regulatory framework that drives investment toward bankable marine-based projects and analyzes how to expand the sector in the People’s Republic of China (PRC).
The brief details why blue finance is falling short of expectations. In the PRC, it argues the sector is impacted by a lack of national standards, low investor awareness, and insufficient projects. It explains how ADB worked in Shandong Province to integrate a blue finance taxonomy into commercial banks to help strengthen the sector and attract the capital needed to develop sustainable, marine-based economies.
The brief details why blue finance is falling short of expectations. In the PRC, it argues the sector is impacted by a lack of national standards, low investor awareness, and insufficient projects. It explains how ADB worked in Shandong Province to integrate a blue finance taxonomy into commercial banks to help strengthen the sector and attract the capital needed to develop sustainable, marine-based economies.
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