This report provides a quantitative measure of green finance progress in 55 countries and generates a country ranking based on the Global Green Finance Development Index （GGFDI）. The index system evaluates green finance development in each country from three components，1）Policies and Strategy，2）Market and Product，and 3）International Cooperation. Generally speaking，there are significant regional differences in green finance development globally. Countries with relatively developed green finance are mainly European countries，for instance，the UK and France. China is the only developing country in the top 10. Countries in Europe，East Asia，and North America have a higher level of green finance development overall，followed by Southeast Asian countries. Africa，the Middle East，and South Asia are relatively lagging behind.

In terms of the individual scores of three components，Policy and Strategy component has the smallest disparities in scores，while Market and Product has the largest disparities. This indicates that some developing with high government ambitions and policy efforts on developing green finance are constrained by their less matured financial markets. As international cooperation on green finance continues to thrive，green finance has gained increasing potential in strengthening regional economic cooperation and bridging global dialogue and collaboration. Green finance is expected to play an increasingly important role in supporting sustainable development.