"Carbon-Neutral Capital: How Shanghai Built the World's First Green Financial Ecosystem" SECTION 1: THE GREEN TRANSFORMATIONShanghai 2025 Financial Metrics:• Green bonds issued: ¥6.2 trillion (63% global share)• Carbon trading volume: 980 million tons (¥287 billion)• ESG-compliant firms: 1,842 listed companies• Green fintech