At present, green bonds account for less than 0.2% of the global bond market (2% in China) but have enormous potentials for expansion. This paper articulates the current development status of China's green debt market, the development experience of the international green debt market, issues ...
This paper applies the game theories to discuss the importance of developing the green bonds in China, finding that issuing green bond can improve the chances that the government encourages enterprises to produce in environmental-friendly way and the chances that the enterprises adopt the environmental...
In December 2015, the CSRC officially launched a pilot project for overseas institutions to issue RMB-denominated bonds (panda bonds) in China’s exchange-traded bond market. By the end of June 2023, overseas issuers in total had issued 99 panda bonds in China’s exchange-traded bond market,...
Despite its late start, China has become the world’s largest green bond market in a very short time. This extraordinary development is closely relate
Leslie Maasdorp, vice-president of New Development Bank, spoke with CCTV's reporter Lin Nan about the bank's green bonds in Chinese market. Q1 "Will these green project one of the main directions of your business?“ Q2 "This bond is raised in RMB. What is the meaning of raising debt ...
Humans have a natural bond with water, which is reflected in the universal principle of ‘living and prospering by water’. Landscape architect and educator Xi Lu shares the story of the Xiangxi River in the water city of Suzhou and considers human–water interactions over time. ...
In July 2016, the NDB successfully issued its first Green Financial Bond with the issue size of 3 billion yuan and tenure of 5 years in the China Interbank Bond Market. The NDB was founded by the BRICS member countries -- Brazil, Russia, India, China and South Africa -- during the grou...
The nascent Biodiversity Credit Market (BCM) aims to boost biodiversity funding but mirrors the flawed carbon credit market. To ensure success, BCM should (1) use dynamic baselines with control sites, (2) monitor the populations dynamics of a large array of vertebrate and invertebrate species, an...
Accelerate the transformation and development of financial management and trust, and cultivate and expand institutional investors. We should improve the legal system of bond market, promote the development of multi-level capital market, and increase the proportion of direct financing. Standardize the ...
The pursuit of a green transformation agenda in China is an important aspect of achieving sustainable development. The role played by green financial devel