绿色熊猫债发行指南

The document outlines the framework for 'green panda bonds'—RMB-denominated bonds issued by overseas entities in mainland China for green projects. It details the regulatory landscape involving the PBoC, CSRC, and NDRC, and provides a four-step issuance process: preparation, application for approval, issuance, and continuous disclosure. As of October 2018, China's green bond market reached 60.9 billion USD, with renewable energy accounting for over 60% of supported projects. The guide highlights the role of domestic investors, particularly commercial banks (85% of bond trading), and the alignment of Chinese standards with international benchmarks like the Green Bond Principles and Climate Bonds Standard, while noting differences regarding fossil fuel power generation.

• Since 2016, five green panda bonds have been issued with a total scale of 5.9 billion RMB (880 million USD), representing less than 1% of the total outstanding green bonds in China.

APA

Climate Bonds Initiative (2018). 绿色熊猫债发行指南. https://www.climatebonds.net/files/documents/publications/3c4d222a-da6d-4ffb-8387-69a7bdaf7e2a.pdf

Chicago

Climate Bonds Initiative. 绿色熊猫债发行指南. 2018. https://www.climatebonds.net/files/documents/publications/3c4d222a-da6d-4ffb-8387-69a7bdaf7e2a.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=绿色熊猫债发行指南 |date=November 2018 |url=https://www.climatebonds.net/files/documents/publications/3c4d222a-da6d-4ffb-8387-69a7bdaf7e2a.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018, author = {{Climate Bonds Initiative}}, title = {{绿色熊猫债发行指南}}, institution = {Climate Bonds Initiative}, year = {2018}, month = nov, url = {https://www.climatebonds.net/files/documents/publications/3c4d222a-da6d-4ffb-8387-69a7bdaf7e2a.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }