Green Bonds in China
In order to mobilize capital at scale urgently required to achieve China’s commitment to peak in its carbon dioxide emissions around 2030 and reduce carbon intensity 60-65 percent below 2005 levels, the green bond pioneer Skandinaviska Enskilda Banken (SEB) and GIZ’s Emerging Markets Dialogue on Finance, jointly with their Chinese partners, seek to support the development of a prosperous and sustainable green bond market in China.
To promote highest environmental, market and transparency standards, the Strategic Alliance (STA) aims to raise awareness, enhance practical knowledge and build professional capacity on green bonds as (re-)financing and investment tool. Core activities comprise a workshop series, roundtables, symposia and individual advisory support for key stakeholder groups, including potential issuers, investors, underwriters, regulators & policy makers, as well as external verifiers.
The events serve to provide a platform for learning and knowledge exchange through engagement with leading international and domestic green bond experts who share their profound knowledge and hands-on technical expertise on the pillars that constitute a robust green bond framework.
- Conference: Green Bonds and Green Finance in China (7 Apr 2016, Beijing)
- Workshops I: Green Bond workshop for Regulators & Financial Institutions (27 Sep 2016, Beijing)
- Workshop II: Second Opinions for Green Bonds (28 Sep 2016, Beijing)
- Workshop III: Green Bond Workshop for Regulators, Issuers, Underwriters, Investors & Verifiers (2 Mar 2017, Beijing)
- Roundtable: External Reviews: Facilitating International Green Bond Investments in China (20 Sep 2017, Beijing)
- Training Conference: Green Bonds in China & Globally: Trends, Innovation & International Investor Perspectives (21 Sep 2017, Beijing)
- Experts Roundtable: Towards A Common Understanding in The Green Bond Market (2 Nov 2018, Beijing)
- Guidelines & Regulation:
- People’s Bank of China: Green Bond Endorsed Project Catalogue (Dec 2015)
- International Capital Markets Association (ICMA): The Green Bond Principles 2017
- External review:
- CICERO: List of second opinions
- CICERO: Shades of Climate Risk Report
- Impact Reporting:
- Green Bonds – Working towards a Harmonized Framework for Impact Reporting (Dec 2015)
- Nordic Public Sector Issuers: Position Paper on Green Bonds Impact Reporting (Oct 2017)
The Swedish bank SEB is recognized as a pioneer and leading knowledge provider with regards to Green Bond product and market development worldwide. As underwriter, SEB organized a large number of path-breaking issuances, in particular the inaugural World Bank Green Bond, the first municipal Green Bond (City of Gothenburg), the first non-supranational Green Bond (Korea Export Import Bank) and the first corporate Green Bond (Swedish property company Vasakronan).
Through the develoPPP.de programme, GIZ on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) works with the private sector to support innovative projects in developing and emerging economies for sustainable development. As service provider with offices in over 130 countries, GIZ has – in over 50 years of experience in international cooperation for sustainable development – built strong regional and technical expertise and close working relationships with governments, industries and think tanks across the globe.
Domestic Implementation Partners