Enabling investors to gain exposure to the largest green bond market worldwide.
These bonds traded on the China Interbank Bond Market (CIBM) comply with the People’s Bank of China (PBOC) green bond catalogue, the National Development and Reform Commission (NDRC) guidelines or China Securities Regulatory Commission (CSRC) guidelines. Bonds on CIBM are open for trading in China only and accessible to international investors under the Bond Connect scheme.
Highlighting Chinese domestic green bonds bridges the information gap between Chinese issuers and international investors.
Depending upon the nature of the Chinese domestic issuer, they are subject to different green bond guidelines which will define what constitutes eligible projects to be financed by a Chinese domestic green bond. The following guidelines exist:
Note that (as per CBI) the PBOC Green Bond Endorsed Project Catalogue accepts retrofits of fossil fuel power stations, clean coal and coal efficiency improvements, and rail lines that mainly transport fossil fuels, which are not accepted under the Climate Bonds Initiative’s eligibility taxonomy.
The Information, data and prices (if any) displayed on this page (collectively the “Information”) are made available for general information purposes. The Information cannot be disseminated, displayed, sold or distributed, in any manner, in whole or in part, freely or against payment, without the prior written consent of the Luxembourg Stock Exchange (“LuxSE”).
Prices that may be displayed in this page are estimative and have been provided to LuxSE by the issuer of the relevant financial instruments (or its agents, as the case may be). The Information is not and shall not be a substitute for your own researches, investigations, verifications, checks or consultation for professional or investment advice. You are using the Information at your own risks.
LuxSE does not give any representation or warranty and disclaims any liability or responsibility of any kind in connection with the accuracy, correctness, timeliness, fitness for a particular purpose, reliability or completeness of the Information. LuxSE does not accept any liability or responsibility of any kind for any loss or damages arising directly or indirectly from the use of, or any action refrained or taken on any Information.
The Information does not constitute and is not construed as any advice, solicitation, offer, endorsement, commitment or recommendation on behalf of LuxSE to invest in any financial instrument. Neither does the publication of the Information by LuxSE represent or constitute any warranty or representation from LuxSE in connection with the good standing, profitability, suitability or reliability of any financial instrument and/ or of any issuer.
LuxSE cannot represent or warrant that the Information will be updated, displayed or made available in real time and/ or without any delay.
The market for sustainable finance investments has experienced rapid growth in recent years as attention has turned towards the Sustainable Development Goals, including meeting the targets under the Paris Climate Agreement.
To help facilitate the development of this market, we launched in 2016 the Luxembourg Green Exchange (LGX), a dedicated platform for sustainable securities abiding by recognised standards.
LGX aims to bring investors and issuers of sustainable finance together on a single platform.