Reuters exclusively revealed China has raised the bar for issuances in the world’s second-biggest green bond market, taking a major step towards adopting global standards and eliminating ‘greenwashing’. Starting this month, the Shanghai Stock Exchange, China’s premier bourse, requires 100% of the proceeds from green bond issuances to be invested in green projects such as clean energy — compared with at least 70% previously
Environment
Reuters reveals China tightens green bond rules to align them with global norms
24 August 2022, 2:52 pm 1 minute
Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Climate Change
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text