Chinese green bond issuers must improve disclosures to ensure growth of sustainable finance market, report says


Source: newsbrig.com newsbrig.com

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Chinese green bond issuers lag behind global peers in revealing how the proceeds are used, highlighting the need for improved disclosures in the world’s second largest climate bonds market, according to an industry report. Improvement in terms of both availability and quality of disclosures in the green bond market was needed to ensure the continued growth of sustainable finance in China, according to the Post-Issuance Reporting in China’s Green Bond Market 2022 report by non-profit Climate Bonds Initiative (CBI) and consultancy SynTao Green Finance. “Post-issuance reporting has been identified as among the most crucial elements to increase the appeal of...