China shows monetary independence may hinder net zero progress - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/china-shows-monetary-independence-may-hinder-net-zero-progress\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China shows monetary independence may hinder net zero progress - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"This commentary article by Mathias Larsen and James Jackson considers why the People\u2019s Bank of China has been more successful in supporting decarbonisation goals in comparison to the European Central Bank and Bank of England.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/china-shows-monetary-independence-may-hinder-net-zero-progress\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-19T10:51:14+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/news\\\/china-shows-monetary-independence-may-hinder-net-zero-progress\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/news\\\/china-shows-monetary-independence-may-hinder-net-zero-progress\\\/\",\"name\":\"China shows monetary independence may hinder net zero progress - 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{"id":83017,"date":"2026-01-13T10:29:37","date_gmt":"2026-01-13T10:29:37","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=news&p=83017"},"modified":"2026-01-19T10:51:14","modified_gmt":"2026-01-19T10:51:14","slug":"china-shows-monetary-independence-may-hinder-net-zero-progress","status":"publish","type":"news","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/china-shows-monetary-independence-may-hinder-net-zero-progress\/","title":{"rendered":"China shows monetary independence may hinder net zero progress"},"content":{"rendered":"\n

Green Central Banking

<\/p>\n\n","protected":false},"excerpt":{"rendered":"\n