中国绿色债券发展路线图

The document argues that China requires 2 trillion to 4 trillion RMB annually for its green transition, with the private sector expected to contribute 85% to 90% of this funding. It identifies two primary barriers to scaling green bonds: the small size of individual green projects, which fails to meet the minimum issuance requirements of institutional investors (typically 100 million to 200 million USD), and the low credit ratings of non-state enterprises and green assets. To address these, the report proposes using green asset-backed securitisation (ABS) to aggregate small projects and decouple asset risk from the issuer's balance sheet. It further recommends standardising green loan contracts, establishing financial warehousing systems, implementing tax incentives to lower financing costs, and utilizing public credit enhancements such as guarantees and insurance to attract institutional capital.

• To scale the green ABS market, the report recommends three specific public sector actions: supporting the standardisation of green loan contracts, encouraging the use of these standardised contracts through incentives, and establishing green loan financial warehousing systems to aggregate loans from different lenders.

APA

戴伟惠, Kidney, S., & Sonerud, B. (2016). 中国绿色债券发展路线图. International Institute for Sustainable Development. https://www.iisd.org/system/files/publications/greening-securitisation-tax-incentives-credit-enhancements-green-bonds-ch.pdf

Chicago

戴伟惠, Sean Kidney, and Beate Sonerud. 中国绿色债券发展路线图. International Institute for Sustainable Development, 2016. https://www.iisd.org/system/files/publications/greening-securitisation-tax-incentives-credit-enhancements-green-bonds-ch.pdf.

Wikipedia

{{cite report |last1=戴伟惠 |last2=Kidney |first2=Sean |last3=Sonerud |first3=Beate |title=中国绿色债券发展路线图 |publisher=International Institute for Sustainable Development |date=April 2016 |url=https://www.iisd.org/system/files/publications/greening-securitisation-tax-incentives-credit-enhancements-green-bonds-ch.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{2016, author = {戴伟惠 and Kidney, Sean and Sonerud, Beate}, title = {{中国绿色债券发展路线图}}, institution = {International Institute for Sustainable Development}, year = {2016}, month = apr, url = {https://www.iisd.org/system/files/publications/greening-securitisation-tax-incentives-credit-enhancements-green-bonds-ch.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }