How to issue a green bond in China

The document provides a practical framework for issuing green bonds, emphasizing that the 'green' status depends on the underlying assets rather than the issuer. It details a five-step workflow: identifying eligible green projects, obtaining independent verification, establishing tracking and reporting systems, executing the bond issuance, and providing annual reports on the use of proceeds. The guide also categorizes different types of green bonds—such as project-based, asset-backed securitisation, and general-purpose green bonds—and lists eligible sectors including renewable energy, energy efficiency, and sustainable water management.

• Issuing a green bond involves five primary steps: identifying green projects and assets, arranging independent verification, setting up tracking and reporting systems, issuing the bond, and monitoring and reporting on the use of proceeds annually.
• The defining characteristic of a green bond is that the proceeds must be used for green projects or assets, regardless of the issuer's own 'green' status.
• Green bonds can be used to refinance existing assets, such as an operational solar plant, or for new investments, provided the funds are used within a reasonable timeframe, which the Climate Bonds Standard defines as two years.
• Transparency is critical; issuers must ensure the nominal value of the green asset pool always equals or exceeds the nominal value of the bond and must prevent funds from flowing into non-environmental projects, such as those with high greenhouse gas emissions.

APA

Climate Bonds Initiative (n.d.). How to issue a green bond in China. https://www.climatebonds.net/files/drupal-files/files/5_Einfache_Schritte_fur_Emittenten_von_GreenBonds.pdf

Chicago

Climate Bonds Initiative. How to issue a green bond in China. n.d. https://www.climatebonds.net/files/drupal-files/files/5_Einfache_Schritte_fur_Emittenten_von_GreenBonds.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=How to issue a green bond in China |url=https://www.climatebonds.net/files/drupal-files/files/5_Einfache_Schritte_fur_Emittenten_von_GreenBonds.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiativendhow, author = {{Climate Bonds Initiative}}, title = {{How to issue a green bond in China}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/drupal-files/files/5_Einfache_Schritte_fur_Emittenten_von_GreenBonds.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }