Green bond debut can capitalise on US retreat

Transition power: A clean energy project takes shape at the Wuzhengdao Economic Zone in Zunyi. Issuance of green bonds by China’s government and companies since 2015 has totalled more than US$540bil and is second only to the United States. — China Daily

SINGAPORE: China’s impending listing of an inaugural sovereign green bond in London will test appetite among international investors to shift climate bets to the world’s top polluter.

The yuan-denominated bond, scheduled to debut before the end of the year, is aimed at showcasing the nation’s green leadership credentials as the US retreats under president Donald Trump.