Green Bond Fact Sheet
Summary
A fact sheet detailing a USD 150 million private placement green bond issued by China Banking Corp on October 19, 2018, to finance climate-related projects in the Philippines.
Key insights
- China Banking Corp issued a private placement green bond totaling USD 150 million on October 19, 2018.
- The bond's proceeds are designated for climate-related projects focusing on water conservation, energy efficiency, green buildings, and renewable energy, adhering to the Green Bond Principles.
- This issuance represents the first green bond in the Philippines specifically used to finance water projects.
- The International Finance Corporation (IFC) acted as the sole investor for this bond, serving as an example of IFC investing in the greening of emerging markets through the private sector.
- The bond is intended to help China Banking Corp increase investments in environmental projects to support the Philippine government's goal of reducing greenhouse gas (GHG) emissions by 70 percent by 2030.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-10%20PH%20China%20Banking%20Corp.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2018-10%20PH%20China%20Banking%20Corp.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=8 July 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2018-10%20PH%20China%20Banking%20Corp.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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2018-10%20PH%20China%20Banking%20Corp.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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