The release of this Sino-German Joint Research on Transition Finance (Joint Scoping Study), conducted by the Institutes of Science and Development, Chinese Academy of Sciences (CASISD) and the Frankfurt School of Finance and Management (FSFM) on behalf of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), is the result of fruitful scientific cooperation between the two author groups. It is a landmark report on the Sino-German understanding of transition finance.
The findings hold multiple critical implications for public and private market actors, as the joint research contributes to the development of a common definition of the nascent field of transition finance. It provides insightful policy recommendations that will pave the way for the development of a stronger transition finance market and accelerate the urgent transition to a low-carbon and sustainable economy in alignment with the goals enshrined in the Paris Agreement.