Green Bond Fact Sheet

The Bank of Jiangsu issued a CNY10bn (USD1.49bn) green bond on 22 April 2019 to fund 89 projects across categories including pollution prevention, clean transport, renewable energy, and adaptation. The Climate Bonds Initiative included the bond in its database as 98.2% of the proceeds are allocated to eligible categories, with fossil fuel-related projects accounting for only 1.8%.

• On 22 April 2019, the Bank of Jiangsu issued a green bond totaling CNY10bn (USD1.49bn) with a three-year tenor and a maturity date of 22 April 2022.
• The bond proceeds are allocated to 89 projects across six categories based on PBoC definitions: 22 projects for Pollution Prevention (waste water treatment and sewage pipelines), six waste-to-energy projects for Recycling and Resources Conservation, 11 projects for Clean Transport (metro, urban light rail, and inter-city rail), 11 solar and onshore wind farms, 34 Adaptation projects (storm water management, river dredging, and river bank reinforcement), and four Energy Efficiency projects.
• Of the four Energy Efficiency projects, three are related to fossil fuel-based energy, while one is a green building aiming for the 2-star Green Building Standard.
• The Climate Bonds Initiative included the bond in its database because fossil fuel-based projects represent only 1.8% of the total, meaning the use of proceeds in eligible categories exceeded the 95% pro rata threshold.
• The issuer committed to quarterly disclosure of the use of proceeds, with an annual report to be disclosed by April 30 of the following year, and will employ a third-party agency to monitor projects and environmental benefits.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-04%20CN%20Bank%20of%20Jiangsu.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-04%20CN%20Bank%20of%20Jiangsu.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=29 April 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-04%20CN%20Bank%20of%20Jiangsu.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 = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2019-04%20CN%20Bank%20of%20Jiangsu.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }