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KGRN - How China's Focus On Low Emissions Could Affect Industrial Metals
KraneShares MSCI China Environment Index
China has announced bold targets to curb its carbon emissions, but the country will need to embrace significant policy challenges to end its heavy reliance on fossil fuels.
An immediate challenge China faces in going green is being able to generate sufficient energy capacity to power growth, with Premier Li Keqiang setting 2021’s GDP target at above 6%.
The transition to a low-carbon economy is also likely to impact the demand and price of metals, such as copper, aluminium and steel.