26 January 2024
On 26 January 2024, the Financial Affairs Bureau of the Guangzhou Nansha Economic and Technological Development Zone issued the “Detailed Implementation Rules for Promoting the Development of Climate Investment and Financing in Guangzhou Nansha New Zone (“the Zone”)” (“the Rules”). The Rules propose to support the development of climate loans and support with climate loan incentives for climate-friendly enterprises (projects) in the Zone that are included in the Guangdong-Hong Kong-Macao Greater Bay Area Climate Investment and Financing Platform and have obtained climate loans through banking institutions in the Zone. The Rules are effective from 26 January 2024 and will be valid until 31 December 2025.