37 days ago • Posted by William Ramstein
China green bond issuance rises and could rise more in 2021
China could see its 2021 green bond issuance double in 2021 as an increasing interest from corporates is beginning to settle in. The issuance rebound in the first quarter suggests that the absence of an emissions cap and more aggressive peak-carbon policies in China's energy transition roadmap for 2021-2025, announced early March, might not have cooled enthusiasm for green financing as much as some experts had expected. The country's leadership, however, remains committed to its long-term climate goals. Chinese banks like the People's Bank of China will be looking to be a major component of the supply market.