Citi increases focus on clean power, green finance amid energy transition

During a weeklong visit to China last month, Cathy Shepherd, the global head of Citi's corporate banking for clean energy transition, met with clients across the geothermal, wind, solar and electric vehicle supply chains in multiple cities including Beijing, Shanghai and Hangzhou.

Shepherd's latest trip, coming after about 10 years, helped her better understand the "growth prospects "of the Chinese green market as well as "the depth of expertise and initiatives" of China's clean energy technology companies.

"China is really leading the world when it comes to investment in green energy technologies. I don't believe that we can have a global view without having a view from China," she said. "In order to continue to focus on the future of sustainability and low-carbon transition, I need to personally see what is happening in China."