Growing a Green Bonds Market in China: Reducing costs and increasing capacity for green investment while promoting greater transparency and stability in financial markets

Green bonds provide an ideal opportunity to pilot transparency measures in fixed-income markets while helping to achieve the environmental goals of China's 12th Five-Year Plan.

They also provide an opportunity to demonstrate China's leadership position in addressing environmental protection challenges. This paper provides an overview of the green bonds theme, innovative structures in the international market and potential applications in China. It also examines how to develop a green bonds market in China, and how this opportunity can introduce needed market transparency while allowing investors to channel their capital into green growth areas that secure a sustainable future for China's economy.