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Bloomberg: China to Boost $100 Billion Green Bond Market for Renewables

2015-11-04 11:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: "China is set to become a hotbed for the $100 billion market in bonds tied to environmentally-friendly investments as authorities and developers seek alternatives to loans for funding a transformation to clean energy supplies." Manuel Lewin, Head of Responsible Investment at Zurich, responded to the news commenting: Chinas interest in green bonds is driven by the ambition to grow its economy sustainably, and the need to combat various environmental challenges. We are pleased to see increased...

Tags: china market green bond

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