Why a China green fund finances car parks and air-con repairs

The US-China Green Fund has spent $400 million in search of the next big thing in ESG investing – and it’s not what you might think.

Why a China green fund finances car parks and air-con repairs

The emerging green sector in China offers investors an alternative investment destination. But even within the green sector, some investments are more mainstream than others.

Private equity has taken its time to enter the green finance space, but a two-year-old China-focused fund has quickly found its feet in the burgeoning market.

As well as focusing on electric vehicles and more traditional green ventures such as solar power, the US-China Green Fund...

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