Greenwashing practices and unsubstantiated environmental disclosures can impede green transition efforts. Only high-quality granular data availability can help us understand the connection between firms' disclosures and the banks' propensity to lend to brown industries.
Yi Gang: Speech at Bank of Thailand-Bank for International Settlements Conference Speech by Mr Yi Gang, Governor of the People's Bank of China, at the Bank of Thailand-Bank for International Settlements Conference "Central Banking amidst Shifting Ground", Bangkok, 2 December 2022.