Green Bond Fact Sheet

This fact sheet details a CNY 3 billion (USD 432 million) green bond issued by the Bank of Ningbo on October 26, 2018, with a three-year tenor. The proceeds are allocated to 14 projects across low carbon transport, wastewater treatment, recycling, and water management, with an assurance report provided by EY.

• The Bank of Ningbo issued a green bond on October 26, 2018, for an amount of CNY 3 billion (approximately USD 432 million) with a maturity date of October 26, 2021.
• Proceeds from the bond are allocated to 14 projects categorized into four areas: low carbon transport (specifically buses and public transport systems), wastewater treatment (including expansion of existing facilities and new development), recycling, and water management (covering water treatment and flood defence).
• Specific project examples include the purchase of 76 buses for a public transportation company, a distributed photovoltaic power generation system expected to reduce CO2 emissions by 5,391.1275 tons annually, and a copper-aluminium regeneration project processing 126,000 tons of scrap metal annually with a 98.0% recovery rate.
• The bond's projects are aligned with the Climate Bonds Taxonomy, and the issuer has committed to annual reporting on the use of proceeds, which will receive external assurance from EY.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-10%20CN%20Bank%20of%20Ningbo.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2018-10%20CN%20Bank%20of%20Ningbo.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 January 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2018-10%20CN%20Bank%20of%20Ningbo.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = jan, url = {https://www.climatebonds.net/files/drupal-files/files/2018-10%20CN%20Bank%20of%20Ningbo.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }