I mean those that have officially registered at the industrial and commercial administration. The rough number of China’s enterprises (including some public institutions) is 100 million. Currently this number might have exceeded 100 million since it has been growing very rapidly over the past few years. Why do I mention this?
In this context, the need for scaling up climate finance for mitigation and adaptation efforts in a balanced manner is well recognised if we were to meet the ambitious net zero targets. In this endeavor, Multilateral Development Banks (MDBs) have an important role to play.