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The document details a CNY 1 billion (USD 159 million) green bond issued on March 30, 2018, by Zhuhai Huafa Comprehensive Development Co., Ltd. with a five-year tenor. The proceeds are allocated to a 2-Star certified green commercial building (94%) and an urban wetland park (6%) designed for flood reduction. The Climate Bonds Initiative links the wetland project to China's Sponge Cities Initiative, which targets 80% of cities having sufficient wetlands to absorb 70% of storm water runoff by 2030.

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  • Zhuhai Huafa issued a green bond totaling CNY 1 billion (approximately USD 159 million) on March 30, 2018, with a maturity date of March 30, 2023.
  • The bond's proceeds are split between two primary projects: 94% is dedicated to financing and refinancing a commercial building in Zhuhai that holds a China Green Building Evaluation Standard 2-Star certification, and 6% is for the construction of an urban wetland park to mitigate city flooding by absorbing excess rainfall.
  • The urban wetland project aligns with China's Sponge Cities Initiative, which seeks to have 80% of 30 participating cities feature enough wetlands to absorb 70% of storm water runoff by the year 2030.

Cite the original document

APA
Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-03%20CH%20Zhuhai%20Huafa.pdf
Chicago
Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-03%20CH%20Zhuhai%20Huafa.pdf.
Wikipedia
{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=30 March 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-03%20CH%20Zhuhai%20Huafa.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2018-03%20CH%20Zhuhai%20Huafa.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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