From the Back Cover
Calling for more cooperation between China and the west, this new book by noted author and educator Cary Krosinsky provides readers with an on-the-ground perspective of what's really happening in China today on the back of its recent economic rise, its desire and need to solve environmental challenges and the new positive dynamic created by its need for foreign capital.
In doing so, Krosinsky and his colleagues from the Sustainable Finance Institute and Brown University highlight how China has recaptured its role as a leader in innovation, arguing that current approaches to the relationship hinder global progress on issues such as climate change, inequality, air pollution, food integrity and water security and pushes back on confrontational approaches and attempts to clarify misperceptions about contemporary China.
China's recent rise includes becoming a global leader on green policy and green finance, as it is increasingly leading the way towards modernization through innovation strategies focused on infrastructure, education, healthcare and aspects of clean energy technology, leading to opportunities across private equity, venture capital and green bonds. This creates an exciting opportunity for positive change, with environmental challenges becoming more salient to its own population, adding pressure on the government to provide solutions. China changes faster than any country in the world, creating an opportunity for meaningful, ongoing, positive transitions.
Modern China is a call for more cooperation, and makes a clear, cogent case for collaboration in the face of current confrontational approaches. At the same time, dire environmental and social circumstances require an all-hands-on-deck approach. This book provides specific examples of what's working and what's needed to compete and thrive in this new paradigm through trusted relationships placed front and center for the future of economies and the betterment of global society.
Cary Krosinsky is a widely respected educator and leading author and advisor on sustainable finance whose ongoing teaching includes popular courses at Brown University, Yale University and NYU.
This book on modern China is his seventh with his first book having been published back in 2008, Sustainable Finance: The Art of Long Term Performance with Nick Robins.
He is also the Co-Founder and Director of the Sustainable Finance Institute which hosted its first event on the Future of Sustainable Finance in China at Peking University HSBC Business School in Shenzhen in January 2019 featuring leading investors with emerging investment solutions across asset classes, many of whom are profiled in this book.
He is also the Co-Founder of the Carbon Tracker Initiative, its parent Investor Watch and Real Impact Tracker, Sustainability Advisor, DeepGreen Metals and Principal, NPV Associates.
He was a member of the NY State Common Decarbonization Advisory Panel appointed by Governor Cuomo and Comptroller DiNapoli in 2018-19 leading to the fund's $20B Climate Action Plan, and author/co-author of many previous papers including for the China-UK Green Finance Taskforce, for the UNEP Inquiry on the Value of Everything and for PRI in 2015 developing a framework for asset owners on climate change strategy.
