Up to June 2018, the total bonds from climate-related bonds issuers in China were equivalent to USD289 billion and in Hong Kong USD4.3 billion, which reflected the potential of issuing green bonds in the realm of transportation, energy and water. China has always been playing a pivotal role as a major participant in the global market of green bonds. The majority of issued green bonds or proceeds were used for ‘Green’ purpose or linked with ‘Green’ assets. The objective of green bonds is to provide funds to the projects that have positive environmental or climate change related benefits. Green labels are applicable to the debt instruments in any format, including Private Placement Bond, Asset Securitization, Secured Bond and Sukuk. Green bonds can be issued by governments, banks, municipal institutions or corporations. Green bonds aim to finance for projects that can help address climate change. Fund Managers’ Disclosure in Climate Risks.
Recommended ESG Measures for IPO Companies.