Archive

  • China 'surprises' with plan to link with EU ETS

    16 December 2020

    Carbon market suggestions by Chinese officials on a global link and absolute emissions cap have surprised many, reports Ahren Lester, and indicate a rising ambition for the nationwide scheme under development

  • PBoC considers mandatory climate disclosure to support 'green' recovery

    09 December 2020

    The governor of the People's Bank of China (PBoC) has announced the central bank will consider making climate disclosure mandatory and seek to make it easier for international investors to access the green finance market in the country.

  • Industrial Bank issues second 'blue bond' in China

    03 November 2020

    The Hong Kong branch of China Industrial Bank (IB) has issued a 'blue bond', which was nearly five times oversubscribed, just a few weeks after the maiden blue bond in the country was announced.

  • Bank of China issues first 'blue bonds' in Asia

    22 October 2020

    The Bank of China (BoC) has issued the first blue bonds in Asia, raising nearly $950 million in a transaction described as a "milestone" in the development of financial instruments that help protect the oceans.

  • Moody's raises forecast for social and sustainability bonds by $50bn

    18 August 2020

    Moody's Investors Service has raised its 2020 forecast for social and sustainability bonds by $50 billion, as these types of bonds are increasingly issued to help finance the response to the Covid-19 pandemic.

  • China green bonds: the state and effectiveness of the market

    03 July 2020

    Despite the strong growth in the Chinese green bond market in recent years, analysis by the Climate Policy Initiative's Donovan Escalante and June Choi shows there is still plenty policymakers and investors can do to boost how effective the market becomes

  • Chinese green bond standard update a 'great signal' to market

    11 June 2020

    After years of misalignment with global green bond standards, the new proposals from Chinese watchdogs should clear the way for greater green bond issuance. Ahren Lester reports

  • Chinese regulators to exclude 'clean' fossil fuels from green bond standard

    29 May 2020

    Chinese regulators propose to exclude controversial 'clean' fossil fuel projects from their list of eligible green bonds.

  • Central banks prepare for "decisive" 2020 for climate change action

    02 April 2020

    The Network for Greening the Financial System (NGFS) said 2020 will be a "decisive year", as the group of central banks warned the coronavirus crisis should not overshadow the pressure building for climate action in the financial system.

  • Carney: Prudential regulation should avoid climate policy by 'back door'

    31 March 2020

    Former Bank of England (BoE) governor Mark Carney has warned against using prudential regulation to implement climate policy "by the back door".