China Green Bond Market Report 2021

The China Green Bond Market Report 2021, published by the Climate Bonds Initiative and CCDC Research, analyzes the rapid expansion of China's green bond market in 2021. The report highlights a record high in annual issuance, the shift toward non-financial corporate issuers, and the dominance of renewable energy projects in the use of proceeds, all occurring against the backdrop of China's '30·60' carbon targets.

• China's green bond market experienced significant growth in 2021, becoming the second largest in the world by both annual and cumulative volume. Annual issuance reached a record high of USD 68.2 billion (RMB 440.1 billion), an increase of 186% from the previous year, while cumulative issuance reached nearly USD 200 billion (RMB 1.3 trillion).

APA

Deng, M., Xie, W., & Shang, J. (2022). China Green Bond Market Report 2021. Climate Bonds Initiative. https://www.climatebonds.net/files/documents/publications/China-Green-Bond-Market-Report-2021.pdf

Chicago

Deng, Manshu, Wenhong Xie, and Jin Shang. China Green Bond Market Report 2021. Climate Bonds Initiative, 2022. https://www.climatebonds.net/files/documents/publications/China-Green-Bond-Market-Report-2021.pdf.

Wikipedia

{{cite report |last1=Deng |first1=Manshu |last2=Xie |first2=Wenhong |last3=Shang |first3=Jin |title=China Green Bond Market Report 2021 |publisher=Climate Bonds Initiative |date=May 2022 |url=https://www.climatebonds.net/files/documents/publications/China-Green-Bond-Market-Report-2021.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{deng2022china, author = {Deng, Manshu and Xie, Wenhong and Shang, Jin}, title = {{China Green Bond Market Report 2021}}, institution = {Climate Bonds Initiative}, year = {2022}, month = may, url = {https://www.climatebonds.net/files/documents/publications/China-Green-Bond-Market-Report-2021.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }