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Partnership suggests green finance ideas

A partnership between government-backed green finance initiatives in Britain and China has made a number of recommendations in a report that will help grow green finance across the globe, according to a Wednesday news release from the City of London. The report, titled Turning Green Momentum into Actions, is the latest contribution from the UK-China Green Finance Taskforce, which was set up by the Green Finance Initiative of the City of London and its Chinese counterpart, the Green Finance Committee (GFC) of the China Society for Finance and Banking. Green finance includes private sector investments in technologies, infrastructure and innovative start ups that can create jobs and allow businesses to expand, boosting economic growth while reducing greenhouse gas emissions.