Green Bond Fact Sheet

China Power Clean Energy Development Co issued a CNY800bm (USD116m) Green Panda Bond on 23-May-2017 to fund solar energy and agroforestry projects. These projects are expected to reduce annual CO2 emissions by 0.86 million tons and save 0.5 million tons of standard coal compared to coal-fired alternatives. While the Climate Bonds Initiative recognized the issuer's expertise, it called for more detailed project information and a comprehensive reporting system.

• China Power Clean Energy Development Co issued a Green Panda Bond on 23-May-2017 for an amount of CNY800bm (USD116m) with a 3-year tenor.
• The proceeds from the bond were designated for energy-saving and clean-up projects, specifically focusing on solar energy development and agroforestry, to improve energy conservation, emissions reduction, and energy supply infrastructure.
• The projects funded by the bond are projected to achieve significant environmental reductions compared to traditional coal-fired stations, including an annual saving of approximately 0.5 million tons of standard coal and a reduction of 0.86 million tons of CO2. Additionally, nitrogen oxides and sulphur dioxide emissions are expected to decrease by 1357.6 tons and 2560.3 tons, respectively.
• China Power Clean Energy Development Co is a new energy power company registered in Hong Kong that operates in Mainland China, where it has constructed approximately 40 power stations involving photovoltaics, hydropower, wind power, and waste incineration.
• The Climate Bonds Initiative (CBI) noted the issuer's expertise in clean energy and the detailed environmental impact projections, but requested more information on the proposed projects and the implementation of a comprehensive reporting system for the use of proceeds.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2017-05%20CN-China%20Power%20Clean%20Energy%20Development%20Co.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2017-05%20CN-China%20Power%20Clean%20Energy%20Development%20Co.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=13 July 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2017-05%20CN-China%20Power%20Clean%20Energy%20Development%20Co.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2017-05%20CN-China%20Power%20Clean%20Energy%20Development%20Co.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }