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.

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 has an altogether more left-field route into the growing green sector.

Since January 2017, the fund has invested in one company, AIpark, that offers smart parking to bust traffic jams and another,...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222