Launched at the end of last year, the new green retail banking project is moving fast. On January 7, NRDC co-organized the first steering committee meeting in Beijing. The gathering was chaired by Dr. Ma Jun, Chairman of the Green Finance Committee of the China Society for Finance and Banking and Member of the Monetary Policy Committee of the People’s Bank of China. About twenty experts from government agencies, commercial banks, research institutes had a productive discussion about promoting green retail banking in China. In February, in order to explore challenges associated with green retail banking and identify possible pilot areas, NRDC visited pioneering financial institutions in green retail banking, including Ma’anshan Rural Commercial Bank, Industrial Bank, and IFC, as well as leading Fintech companies such as Alibaba’s Mybank and Cainiao Financial Technology. Currently, NRDC and the International Institute of Green Finance under Central University of Finance and Economics are working on a comprehensive report about policies and cases of green retail banking in China, which is expected to be released later this year.