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WMC Pilot Scheme ups investment options--China Economic Net

WMC Pilot Scheme ups investment options--China Economic Net
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Clarity on green bond issuers underlined

Clarity on green bond issuers underlined By SHI JING in Shanghai | CHINA DAILY | Updated: 2021-04-23 09:12 Share CLOSE Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China s Guizhou province. [Photo/Xinhua] A clearer definition of the industries that are eligible for issuing green bonds will help China achieve its carbon neutrality goals, experts said. The People s Bank of China, the central bank, together with the National Development and Reform Commission and the China Securities Regulatory Commission, released on Wednesday the latest catalog of rules for green bond issuances, basically a revision of the 2015 version, and said projects which use fossil fuels such as coal will not be allowed to issue green bonds.

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