The Investor's Guide to China from Fidelity International takes you deep into the workings of the Chinese economy and its financial markets. Paras Anand, Chief Investment Officer for Asia Pacific, brings you a cast of investment experts working in the world's second largest economy. Hear how they're uncovering this rapidly developing market and avoiding its pitfalls.

Episode 4: Environment. China holds a unique title as the most polluting and greenest nation on the planet. It generates more renewable energy than any other country but also builds the most coal-fired power plants. How should investors approach this dichotomy? And what does the country's commitment to peak carbon emissions by 2030 mean for markets?

Talking with Paras are three China and sustainability experts: Belinda Liao, a portfolio manager with a focus on Chinese credit, Jenn-Hui Tann, Fidelity's Head of Sustainability, and Marty Dropkin, Global Head of Fixed Income Research. We also hear from equity analyst Alice Li about the state of China's third largest power source - wind energy - and portfolio manager Bertrand Lecourt explains the opportunities he sees in China's water and waste sector.

Click here (or below on Apple podcasts) for more episodes from this series.