This report is jointly released by SynTao Green Finance and Climate Bonds Initiative at China's Green Finance Committee Annual Conference in April 2017. It provides an overview of local government policy instruments for developing green bond market in China with further recommendations.
Government regulators and stock exchanges have played a pivotal role in the development of green bonds in China. At the local level, incentives such as policy signals, supporting facilities, financial incentives and recognitions have been offered to encourage the development of green finance.
This report identifies the policy instruments at the disposal of local governments based on central government policy framework, and presents a few successful and replicable case studies and international experiences as reference for China’s future development in promoting green bonds.
政府监管部门和证券交易所在中国绿色债券的发展中发挥了关键的推动作用。在地方，不少省市政府已运用政策信号、便利措施、财政激励和认可表彰等激励机制，鼓励地方绿色金融的发展。本报告讨论了依托中央各部委的文件精神，地方政府可以采取的政策工具，并提供了一些成功、可推广的案例，以及国际上的经验，为进一步推进绿色债券
建设提供参考。
