Reuters exclusively revealed China has raised the bar for issuances in the world’s second-biggest green bond market, taking a major step towards adopting global standards and eliminating ‘greenwashing’. Starting this month, the Shanghai Stock Exchange, China’s premier bourse, requires 100% of the proceeds from green bond issuances to be invested in green projects such as clean energy — compared with at least 70% previously
The post Reuters reveals China tightens green bond rules to align them with global norms appeared first on Reuters News Agency.
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