China makes unprecedented move to address pressing global issue: 'Long-awaited'

China makes unprecedented move to address pressing global issue: 'Long-awaited'

China is the world's top producer of planet-warming pollution, but a major financial step could help to counteract that. The country is releasing what Reuters described as its "long-awaited debut global green sovereign bond" in a series of sales. The bond, which is being issued on the London Stock Exchange, will invest $825 million into green initiatives.  The Chinese Finance Ministry published the bond's framework in February, describing it as …