PPP projects passed for securitization (Xinhua: March 13, 2017)
Chinese regulators have approved the first group of 9 infrastructure projects funded by public-private partnerships to raise funds through securitization, in order to expand funding channels, lower financing costs and better attract private capital.
China green bonds set to take off (China Daily: March 13, 2017)
In the government work report delivered by Premier Li Keqiang in the fifth session of the 12th National People's Congress, supporting the development of a green economy is listed as one of the economic and social development targets for the country.
Bond index series to help develop China's green finance (ETF Strategy: March 24, 2017)
The Shenzhen Stock Exchange and the Luxembourg Stock Exchange have launched a green bond index series, including the first Chinese green bond index to provide synchronous quotes between China and Europe.
EIB & China's central bank to boost green bonds (CNC: March 25, 2017)
The European Investment Bank will join China's central bank to co-launch a study into the standards of green bonds. The white paper hopes to boost the development of the international market.
China-led AIIB to block corrupt firms from projects (gbtimes: March 09, 2017)
The Asian Infrastructure Investment Bank (AIIB) will block firms banned by other development banks from participating in its projects, by voluntarily adopting the list of sanction under the Agreement for Mutual Enforcement of Debarment Decisions (AMEDD) signed by multilateral development banks.
European Investment Bank to fund more eco-projects in China (The China Post: March 23, 2017)
The European Investment Bank is aiming to provide 500 million euros ($540 million) of financing in environmental and climate-related projects in China this year, while exploring co-investment opportunities with Chinese banks in overseas green projects.
China’s coal consumption decreases for 3rd straight year (AFP: March 01, 2017)
Coal consumption of China declined by 4.7% annually in 2016, and the share of coal in the country’s energy mix slipped to 62%, down 2 percentage points year on yea.
AIIB plans to “conditionally” support coal power (ChinaDialogue: March 06, 2017)
On the second public consultation of its future energy strategy, the AIIB says that efficient and clean oil and coal-fired power plants will be still considered where they replace older equipment or in regions that are unable to use alternative forms of energy.
China's stock exchange mulls index, board for green corporate bonds (Xinhua: March 11, 2017)
China's Shanghai Stock Exchange will release an index for green corporate bonds and establish a board for such bonds to facilitate financing for environmentally friendly projects. The index and the board will be launched "at an appropriate time".
Socially responsible companies? Hong Kong lags Singapore, India (SCMP: March 27, 2017)
The recently launched 4th Hong Kong SME Business Sustainability Index shows a growing acceptance for CSR. However, Hong Kong lags behind India, South Korea, Taiwan and Japan with fewer companies list among Channel NewsAsia Sustainability Ranking top 20.