日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Opinion / Opinion Line

ADB official : China should play bigger role in unifying global standards for green bonds

By Wu Zheyu (chinadaily.com.cn) Updated: 2016-05-17 16:35

ADB official : China should play bigger role in unifying global standards for green bonds

Jurgen Conrad.[Photo provided to chinadaily.com.cn]

Editor’s note: In a long-ranging interview with China Daily website, Jurgen Conrad, head of economics unit at the Asian Development Bank in China, discusses the opportunities and challenges created by the fast-paced growth of green bonds. He also recommends China to take the leading role to formulate an international standard for green bond at the G20 summit in Hangzhou city, China, this year.

Massive investment has made a phenomenon:

The green finance in China has become quite appealing for both domestic and international investors recently. At the Green Finance symposium in Washington, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), said: "According to our estimates, China will need to invest about $600 billion per year in the coming five years in green sectors. This means that we need to double our annual green investment over the current level." He also emphasized that green finance will be a special topic at September's G20 meeting in Hangzhou.

Last year, the PBOC established a green bond market and published a guideline to regulate the market. Mark Schwartz, Vice-Chairman of Goldman Sachs Group, said China was the first country to publish national guidelines on the issuance of green bonds.

One of the major reasons behind the green finance push is the government’s determination to tackle environmental problems. Green bonds can help the country show its seriousness about the issue.

For instance, for the first time in the CPC’s history, green finance was written into the 13th Five-Year Plan in November.

Current standard:

To develop a mature comprehensive green bond market, there is a long way to go; though the volume has been impressive (China issued $7,900 million worth of green bonds in the first quarter of 2016, nearly half of all green bonds issued globally, putting the country as number one regional issuer for the first time, according to Moody’s report.).

The question comes up first is whether there is a universal international definition or standard, especially when the process is still evolving. The most well-recognized one is Green Bond Principle announced by International Capital Market Association (ICMA). For the domestic market, the Preparation Instruction on Green Bond Endorsed Project Catalogue published by the Green Finance Committee of China Society of Financing and Banking could be used as a concrete and practical codes for companies and institutions to refer.

Whether international or domestic, three common grounds need to be covered, said Jurgen: Whole project cycle needs to be assessed based on criteria. Reports should be transparent and filed regularly. Quality of management and internal control systems should be maintained.

Previous Page 1 2 3 Next Page

Most Viewed Today's Top News
...
主站蜘蛛池模板: 国产无遮挡 | 九色视频在线播放 | 国产永久精品 | 国产精品精品久久久久久 | www.亚洲色图 | 亚拍一区 | 精品国产一区二区三区久久久蜜月 | 久久久动漫 | 黄片毛片在线观看 | 亚洲午夜在线播放 | 中国二级毛片 | 免费在线观看的黄色网址 | 麻豆av网 | 午夜影院欧美 | 精品国产一区在线 | 一区二区中文字幕 | 91麻豆国产在线 | 欧美黑人一区二区三区 | а天堂中文在线资源 | 色视频免费观看 | 午夜av一区二区 | 天堂网成人 | 迪迦奥特曼中文版 | 黄色小视频免费观看 | 日本三级精品 | 中文在线字幕 | 激情av在线播放 | av中文字幕免费观看 | 欧美日本一区二区三区 | 性生活免费观看视频 | 影音先锋国产在线 | 成年人黄色一级片 | 97福利| 国产欧美日韩一区二区三区 | 日韩视频a | 四虎视频国产精品免费 | av网站免费在线看 | 四虎成人精品永久免费av九九 | 亚洲精品www久久久久久广东 | 麻豆精品国产 | 免费看片网站91 |