China Green Bond Principles will 'ensure place in global market'
China has published its own green bond principles (GBP) broadly based on the standard administered by the International Capital Market Association (ICMA)...
China eyes revamped offsets to help fund $140trn climate costs
The revamped China Certified Emission Reduction (CCER) scheme will play a major role in funding China's 2060 net zero goals, said a former governor of the People's Bank of China (PBoC).
Chinese financial institutions 'faced with grave climate risks', says central bank
Chinese financial institutions "are faced with grave risks and should begin their green transition right away", according to the governor of the country's central bank.
China 'surprises' with plan to link with EU ETS
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
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.
Moody's raises forecast for social and sustainability bonds by $50bn
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
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 regulators to exclude 'clean' fossil fuels from green bond standard
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
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'
Former Bank of England (BoE) governor Mark Carney has warned against using prudential regulation to implement climate policy "by the back door".