Key facts
- Outstanding green loans in China reached 48.6 trillion yuan ($7.3 trillion) by Q2 2026.
- Green loans constitute 17% of all loans in China's banking sector.
Since China announced its "carbon peak" and "carbon neutrality" goals in 2020, its green credit market has continued to expand. By the second quarter of this year, outstanding green loans in the country’s banking sector reached 48.6 trillion yuan ($7.3 trillion), accounting for 17% of all loans. This boom in green lending has made it challenging for polluting industries to access necessary funds.