China’s Finance Ministry announced Wednesday that it plans to issue its first-ever overseas sovereign green bonds in yuan, totaling up to 6 billion yuan ($829 million), with London chosen as...
Key Impact Points: China’s Climate Strategy: A Dual Approach China, the world’s largest emitter of greenhouse gases, is pushing forward with major renewable energy projects to meet its 2030 carbon...
Chinese EV giant BYD is in advanced talks with European automakers to form a carbon credit pool, allowing companies with lower EV sales to buy emissions credits and reduce their...
Expanded ESG Framework The SSE, under the China Securities Regulatory Commission (CSRC), released Guide No.4 for listed companies and Guide No.13 for the STAR Market. These documents enhance the implementation of Guidelines No.14, introduced earlier,...
What’s happening: China has greenlit the construction of the world’s largest hydropower dam on the Yarlung Zangbo River in Tibet. This ambitious project aims to produce 300 billion kilowatt-hours of...
China’s journey toward corporate sustainability reporting has gained momentum in recent years. The Ministry of Finance (MOF), collaborating with nine other departments, unveiled the Basic Standards on December 17, 2024,...
Singapore has joined the European Union (EU) and China in presenting the Multi-Jurisdiction Common Ground Taxonomy (M-CGT), a significant step towards harmonizing sustainable finance taxonomies across the three regions. Developed...
As China stands as the world’s largest greenhouse gas emitter, its commitment to reducing emissions by 30% by 2035 is a pivotal element in the global effort to meet the...
Chinese companies have poured over $100 billion into overseas clean energy technology projects since the start of 2023, according to research by Australian group Climate Energy Finance (CEF). The investments...
Nasdaq Dubai has welcomed a $400 million Green Bond issued by the Bank of China (Dubai Branch), part of the bank’s $40 billion Medium Term Note Programme. The bond, rated...
China is accelerating its green transition, leveraging financial instruments to promote sustainable development. According to guidelines from the Communist Party of China Central Committee and the State Council, the focus...
China, the world’s largest builder of coal-fired power stations, made a significant shift in the first half of 2024, reducing new coal power plant permits by nearly 80%, according to...
China’s National Development Bank (NDB) has taken another significant step in supporting sustainable finance by issuing 12 billion yuan (approximately $1.7 billion) in green financial bonds. These three-year bonds, offered...