Archive

Singapore and China central banks to collaborate on green and transition finance

The Monetary Authority of Singapore and People's Bank of China announced plans to collaborate on numerous green and transition finance initiatives.

China green lending scheme spurred $93bn in loans, central bank says

China Green Bond Principles will 'ensure place in global market'

China has published its own green bond principles (GBP) broadly based on the standard administered by the International Capital Market Association (ICMA)...

China eyes revamped offsets to help fund $140trn climate costs

The revamped China Certified Emission Reduction (CCER) scheme will play a major role in funding China's 2060 net zero goals, said a former governor of the People's Bank of China (PBoC).

Chinese financial institutions 'faced with grave climate risks', says central bank

Chinese financial institutions "are faced with grave risks and should begin their green transition right away", according to the governor of the country's central bank.

China 'surprises' with plan to link with EU ETS

Carbon market suggestions by Chinese officials on a global link and absolute emissions cap have surprised many, reports Ahren Lester, and indicate a rising ambition for the nationwide scheme under development

PBoC considers mandatory climate disclosure to support 'green' recovery

The governor of the People's Bank of China (PBoC) has announced the central bank will consider making climate disclosure mandatory and seek to make it easier for international investors to access the green finance market in the country.

Moody's raises forecast for social and sustainability bonds by $50bn

Moody's Investors Service has raised its 2020 forecast for social and sustainability bonds by $50 billion, as these types of bonds are increasingly issued to help finance the response to the Covid-19 pandemic.

China green bonds: the state and effectiveness of the market

Despite the strong growth in the Chinese green bond market in recent years, analysis by the Climate Policy Initiative's Donovan Escalante and June Choi shows there is still plenty policymakers and investors can do to boost how effective the market becomes

Chinese regulators to exclude 'clean' fossil fuels from green bond standard

Chinese regulators propose to exclude controversial 'clean' fossil fuel projects from their list of eligible green bonds.