Our latest China update, keeping you informed on the major the world’s biggest green bond market in the first half of 2017
Our China Green Bond Market Mid-Year Report, produced in partnership with China Central Depository & Clearing Co. (CCDC) is now available.
Versions in both English & Chinese can be found here.
Report Highlights
The growth story continues. China’s green bond market growth was on track in the first half of 2017. At the end of June, issuance for 2017 totalled USD11.52. This represents a 33.6% year on year growth from the first half 2016 and 20.3% of global green bonds, with 26 issuers bringing 38 bonds to the market.
The key numbers
- Total First Half Chinese Issuance: USD11.52bn/RMB79.39bn
- Issuance that meets international definitions: USD8.95bn/RMB62.09bn
- Largest issuer: China Development Bank & Bank of Beijing
- Largest issuing sector: Energy Total Q1 & Q2
- Approved: USD16.85bn/RMB116.3bn
- A full breakdown of all Q1 & Q2 2017 Chinese Green Bonds Issuance can be found in the report.
Major policy developments to date in 2017
- China Securities Regulatory Commission (CSRC) releases new green bond guidelines for Chinese listed companies
- China’s Prime Minister Li Keqiang presented the 2017 Government Work Report at the 12th National People’s Congress
- People’s Bank of PBoC and the European Investment Bank (EIB) have launched a joint initiative3 to develop a clear framework for analysis and decision-making in green finance
- PBoC and Hong Kong Monetary Authority approve the “Bond Connect” scheme
- PBoC and four other Ministries jointly publish the Construction and Development Planning of the Financial Industry Standardization, a concerted effort to establish and implement standards for the financial sector by 2020.
- Taipei Exchange establishes Green Bonds Guidelines with reference to Global Standards
There's more details in the full report.
Download here in English or Chinese.
We hope you’ll enjoy it!
Till next time,
Climate Bonds Initiative
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中国绿色债券市场半年报 2017 － 绿色债券发行情况丶政策发展及市场动向
由气候债券倡议组织及中央国债登记结算有限责任公司共同编撰丶聚焦中国绿色债券市场的报告，提供全球最大绿色债券市场的进展。
中国绿色债券市场半年报2017正式发布，中丶英文版本可以在这里下载。
报告重点：
中国绿色债券市场维持快速增长格局。截至2017年6月底，中国绿色债券发行总额同比增长 33.6%，达到 793.9亿人民币，占全球绿色债券市场的20.6%；共有26个发行人于在岸和离岸市场上发行了38只绿色债券。
数据速览：
-2017年上半年发行总量： 793.9亿人民币/115.2亿美元
-符合国际绿色定义的发行量： 620.9亿人民币
-最大发行人: 国家开发银行, 北京银行
-最大发行人: 清洁能源
-第一季度批准规模: 1163.1亿人民币/ 168.5亿美元
2017年上半年主要政策发展：
-证监会出台支持绿色债券发展的指导意见
-绿色金融连续两年写入政府工作报告
-中国与欧盟共同推动绿金融定义一致化
-中国人民银行与香港金管局公布「债券通」机制
-多部委联合推动绿色金融标准化建设，明确在2020年前金融市场标准化建设的工作目标和推进路径
-台北证券交易所制定绿色债券发行指引
更多精彩内容，敬请参见报告全文。
点此下载英文版或中文版。
祝阅读愉快！
气候债券倡议组织
免责声明： 本简报不构成投资建议，并且气候债券倡议组织不作为 投资顾问角色。气候债券倡议组织不对任何债券或投资的优劣提供建议。投资决策完全在于您的选择。对于任 何人所作的任何类型的投资，或是由第三方所作的投 资，气候债券倡议组织不予承担任何责任。
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