As the world’s largest provider of public finance for overseas energy projects, a key leader and exporter of clean energy solutions, China and its ECAs are at the forefront of financing global energy transitions. Our new bilingual article, published by Peking University’s Macro and Green Finance Lab, assesses the progress of Chinese ECAs in green finance, analysing their governance, policies, financing portfolio, and financial instruments. The findings demonstrate that a significant transition towards Paris-aligned finance has yet to come for Chinese ECAs, despite the coal exclusion pledge and an increasing share of clean energy finance. Looking forward, China’s ECAs can play a vital role in scaling up green projects globally, particularly in the Global South, by further diversifying clean energy investments, innovating financial instruments and incorporating climate-resilient technology. Our team, led by Ziqun Jia and supported by Max Schmidt and Igor Shishlov, leveraged in-depth data analysis to provide novel insights and illuminate a greener path forward for Chinese ECAs.