China’s Path to a Low Carbon Economy

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As China shifts to a consumption-led economy, the government has signaled a long-term commitment to environmental reform, both through its leading role at the UN Climate Change Conference in Paris and by making clean energy financing a key part of the agenda at the 2016 G20 Summit. Mark Schwartz, vice chairman of Goldman Sachs and chairman of Goldman Sachs Asia Pacific, discusses how China’s green initiatives align with its broader economic transition.