日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Clarity on green bond issuers underlined

By SHI JING in Shanghai | CHINA DAILY | Updated: 2021-04-23 09:12
Share
Share - WeChat
Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. [Photo/Xinhua]

A clearer definition of the industries that are eligible for issuing green bonds will help China achieve its carbon neutrality goals, experts said.

The People's Bank of China, the central bank, together with the National Development and Reform Commission and the China Securities Regulatory Commission, released on Wednesday the latest catalog of rules for green bond issuances, basically a revision of the 2015 version, and said projects which use fossil fuels such as coal will not be allowed to issue green bonds.

The central bank said that fossil fuels are akin to high carbon emission projects. Most of the mainstream global green bond issuances exclude such items. The elimination of fossil fuels in the latest catalog will make China's green bond issuance more regulated and strict, which is also in line with global practices.

The PBOC also pointed out that clean production and highly efficient utilization of fossil fuels are necessary for China's high-quality economic development. The central bank is studying transitory financial rules by taking into account the useful life and depreciation of current projects so that the energy industry can make the transitions step by step, it said.

China's key green industries such as green agriculture, green construction, sustainable construction, water conservation and unconventional use of water have been included in the catalog for the first time. Companies specializing in green equipment production and trading have also been allowed to issue green bonds to support green equipment manufacturing throughout the industrial chain.

PBOC Governor Yi Gang said during the Boao Forum for Asia Annual Conference 2021 on Tuesday that Chinese regulators have been working with the European Union to come out with a common set of classification criteria to advance the coordinated development of green finance all over the world. China's financial industry will be further opened up so that international investors can participate in the country's green finance market, he said.

Data from the central bank show that China's green loan balance reached 1.8 trillion yuan ($277 billion) by the end of last year, the largest in the world. To date, more than 40 carbon-neutral-themed bonds have been issued, with total value exceeding $10 billion. Data from global financial data provider Refinitiv show that China issued about $15.7 billion worth of green bonds in the first quarter of the year, overtaking the United States which issued $15 billion worth of green bonds over the same period.

According to PBOC estimates, China will invest 2.2 trillion yuan every year by 2030 to reduce carbon emissions. To meet the huge capital demands, financial institutions must expand financing channels in a more diversified and innovative manner, said Mark Wang, president and CEO of HSBC Bank (China) Co Ltd.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产精品毛片久久久久久久 | 午夜羞羞影院 | 女人色毛片女人色毛片中国 | 毛片站| 天堂一区二区三区 | 国产1区在线观看 | 欧美一级小视频 | 国产精品成人一区二区 | 精品一二三区 | 久久久久久99精品 | 521色香蕉网站在线观看 | 加勒比欧美 | 成人午夜免费视频毛片 | 国产亚洲久 | 日本黄色免费网站 | 午夜性啪啪A片免费播放 | 免费看欧美成人性色生活片 | 国产高清在线精品一区二区三区 | 日韩在线免费 | 好看的一级毛片 | 天天操天天操天天操天天操 | 国产黄色2 | 亚洲一区免费 | 久久五月天婷婷 | 猛草视频 | 国产视频三区 | 国产人妻互换一区二区水牛影视 | 国产精品免费视频网站 | 久久视频在线视频 | 欧美日韩一区二区三区四区五区 | 欧美色性 | 午夜影院网站 | 99成人免费视频 | 黄色免费av| 欧美精品一区二区三区蜜桃视频 | 欧美一级欧美三级 | 日韩大片免费看 | 日日a.v拍夜夜添久久免费 | 国产美女www爽爽爽免费视频 | 久久精品亚洲精品 | 91国内精品久久久久怡红院 |