ADB details proposals for Chinese water finance

The ADB is doing its bit to address the Chinese water situation. Will its proposals for wastewater discharge permit trading and utility revenue bonds catch on?

The Chinese government and the Asian Development Bank (ADB) are to jointly conduct a policy study on the market-based allocation of wastewater discharge permits and a related trading system, which would be similar to the World Bank’s global carbon trading system.

Announcing this in Singapore, the ADB’s principal urban development specialist Amy Leung said that ADB experts would ...

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