mo4ch:>China emerges as key player in green bonds market | Mo4ch News

Chinese entities last year issued more than $30 billion worth of bonds that met international "green" definitions. The country maintained its second place position on the green bond market, just behind the US and ahead of France.China's Industrial Bank was the second-largest green bond issuer in 2018. China Construction Bank has become the first Chinese institution to list a green bond on the newly formed Luxembourg Green Exchange, a €500 million (US$561 million) fixed-income security.A scientific report cited by China Daily suggested that the country had already hit its peak emissions target under the Paris accord 12 years ahead of the 2030 deadline.Also on rt.comCoal-fired power plant in China issues green bondsBeijing allowed green bond use to finance clean coal projects, which are excluded in other markets. A third of the funds raised in 2018 went to transport projects, as well as solar and wind projects.According to Sean Kidney, CEO of the non-governmental Climate B…