China’s ESG Talent Gap Impacting Finance Market Expansion

China is facing a shortage of finance professionals with expertise in ESG issues, according to a report by the CFA Institute. The demand for such talent is surging as sustainable investing gains momentum. The report highlights the need for a structured and standardized system for cultivating ESG talent, with collaboration between the government, enterprises, and universities. To bridge the talent gap, the CFA Institute recommends establishing guidelines, clarifying practitioner standards, and introducing more qualification and degree certificates. The market for sustainable finance in China is projected to quadruple by 2031.