China issued largest amount of labeled green bonds in 2019: Climate Bonds Initiative

On June 29, 2020, China Central Depository & Clearing (CCDC) and the Climate Bonds Initiative (CBI) held an online press conference to release the 2019 research report on China’s green bond market.

On June 29, 2020, China Central Depository & Clearing (CCDC) and the Climate Bonds Initiative (CBI) held an online press conference to release a research report on China’s green bond market in 2019.

The report shows that China issued 386.2 billion yuan of green bonds in 2019, and the total amount of China’s labeled green bonds is the world’s largest.

There have also been some new developments in the types of green bond issuers in China, and the total amount of green bond issuance by non-financial enterprises has increased by 54% compared with 2018.

In the next 5 years, China will have 865.5 billion yuan of green bonds due, accounting for 88% of the current total green bond balance.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/06/china-issued-largest-amount-of-labeled-green-bonds-in-2019-climate-bonds-initiative/.

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