Press "Enter" to skip to content

CHECK THE WIRE 24/7 FOR REAL-TIME UPDATES

China removes certain fossil fuel projects from list eligible for green bonds

The proceeds from green bonds will no longer be allowed to used for certain fossil fuel energy projects, according to a statement from the People’s Bank of China (PBOC), in a move to bring the country’s green finance more in line with international standards.

So-called clean coal and secondary oil and gas extraction projects will no longer qualify for support from fundraising via green bonds issuance, according to the statement.

The list . . .

To continue reading, please subscribe. What will you get?

  • ORIGINAL, DATA-DRIVEN & IN-DEPTH STORIES
  • THE WIRE - Walk you through every trading day in mainland China and Hong Kong.

     Real-time experience -  Up-to-the-minute updates of market-moving news and views.

     All-in-one platform - Information collected via a network of journalists, traders, brokers,               analysts, etc. and from multiple credible news outlets in mainland China.

     Details - General information is everywhere, but information with details is rare.

  • WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.

FREE TRIAL cancel anytime

 

Already have an account? Sign In

 

 

Top