Greenpeace says firms like SAIC Motor and Great Wall Motor are phasing out fossil-fuel cars faster than most legacy manufacturers

"Achieving carbon neutrality requires 'carrots and sticks'," People's Bank of China Governor Yi Gang said

Fumio Kishida said the government wanted to share risks associated with "bold" investments. "Furthermore, I would like to appoint a new minister in charge of startups."

Experts say China's Emissions Trading Scheme has had limited impact, as its design is flawed and Beijing is focused on generating more power. Fraud by market players was also a big concern

Chevron Munaigas and KazMunayGas said they would evaluate the potential for carbon capture, utilisation, and storage as well as hydrogen production and methane management

China extends more loans for green financing than anywhere else in the world but one Chinese expert says they need to tap into offshore investors

In budget speech, finance minister outlines steps to support goal of becoming carbon neutral by 2050.