Green Bond Fact Sheet

Zhejiang Deqing Rural Commercial Bank Co., Ltd. issued a CNY200m (USD29m) green bond on 13-Dec-2018 to fund water management, wastewater treatment, and industrial waste recycling projects in China. The bond is aligned with the Green Bond Endorsed Project Catalogue (2015 Edition) and carries a G1 green rating from CCX.

• Zhejiang Deqing Rural Commercial Bank Co., Ltd. issued a green bond on 13-Dec-2018 with a total amount of CNY200m (USD29m) and a maturity date of 13-Dec-2021.
• The proceeds of the bond are designated for projects involving wastewater treatment, high efficiency automatic irrigation systems, water resource and system management, waterfront restoration and infrastructure, and the recycling and reuse of waste from industrial processes and car manufacturing.
• The bond's proceeds are aligned with the Green Bond Endorsed Project Catalogue (2015 Edition) specifically within the categories of Ecological Protection and Climate Change Adaptation, Resource Conservation and Recycling, and Pollution Prevention and Control.
• The issuer has committed to a reporting schedule where the annual report on the use of proceeds and its audit report, plus the first quarter status, are disclosed by 30th Apr; a half-yearly report is disclosed by 31st Aug; and a third quarter report is disclosed by 31st Oct.
• The bond received a green bond rating of G1 from CCX and a credit rating of AA from CCXI.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-12%20CN%20Zhejiang%20Deqing%20Rural%20Commercial%20Bank.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-12%20CN%20Zhejiang%20Deqing%20Rural%20Commercial%20Bank.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=18 December 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-12%20CN%20Zhejiang%20Deqing%20Rural%20Commercial%20Bank.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 = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2018-12%20CN%20Zhejiang%20Deqing%20Rural%20Commercial%20Bank.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }