The development of green bonds has increased by 67.8% year -on -year.

With the deepening of the concept of green and low -carbon development, my country's green bonds have a strong development momentum. Tongllow iFind data shows that as of August 28 this year, the issuance of green bonds reached 492.8 billion yuan, an increase of 67.8%over the same period last year.

Wu Qi, Executive Dean of the Wuxi Digital Economic Research Institute, told the Securities Daily that in recent years, the green bond market in my country has developed rapidly, especially under the guidance of the "double carbon" goal. The advantages of interest rates are further prominent, and the bond period is increasingly reasonable, which has strongly supported the development of the green financial market and the development of energy conservation and emission reduction.

Product innovation is endless

This year, my country has adopted more powerful policies and measures to promote the development of the green bond market. According to Flush iFind data, as of August 28, 450 green bonds issued since this year, an increase of 32.7%over the same period last year; the issuance scale reached 492.8 billion yuan, a year -on -year increase of 67.8%.

The issuers of green bonds are still dominated by state -owned enterprises. Based on the nature of the enterprise of the same blossoms, of the 450 green bonds mentioned above, the central enterprise issued 139, with a scale of 289.61 billion yuan, accounting for 58.77%of the 450 green bond issuance. , Accounted for 18.28%.

Li Mingjin, a senior investment consultant of Jufeng Investment Consulting, told the Securities Daily that the financing advantages of state -owned enterprises in the green bond market are obvious. It is necessary to further optimize the structure of the issuance, attract more private enterprises to participate, and provide green transformation funds for more industries to provide green transformation funds support.

The innovation of green bond products is endless. On July 29 this year, the Green Bond Standard Committee issued the "China Green Bonds Principles", which divided green bonds into four categories: ordinary green bonds, carbon income green bonds, green project income bonds, and green asset support securities. Among them, ordinary green bonds include blue bonds, carbon neutralized bonds, and other green bonds.

Li Mingjin said that because the financing demand of green projects has multi -layered and diversity characteristics, launching different green bond products can be rationalized for resources, which is conducive to the achievement of different needs of different needs. Essence

Blue bonds refer to bonds that raised funds for sustainable marine economic projects. At present, the blue bond market in my country is still in the starting exploration stage. According to Flush iFind data, as of August 28, my country has issued a total of 18 blue bonds, with a cumulative issuance scale of 11.1 billion yuan. Among them, 11 have been issued this year with a distribution scale of 7.2 billion yuan.

The carbon neutralization has risen rapidly. In February last year, since the launch of carbon neutralization in my country, the scale of issuance has been further increased. According to the Flush iFind data, as of August 28, a total of 371 carbon neutralized and debt was issued, with a issuance scale of 401.9 billion yuan. Among them, a total of 124 issues have been issued this year, with a issuance scale of 145.9 billion yuan, accounting for 29.6%of the issuance scale of green bonds this year.

In addition, in May last year, my country launched a sustainable development linked bond. Data show that as of August 28, a total of 49 cumulative issuance of linked bonds could be issued, with a issuance scale of 67 billion yuan. Among them, there have been 24 releases since this year, with a distribution scale of 31.7 billion yuan.

Wu Qi said that with the issuance of carbon neutralization and bonds, the diversified and multi -level product system of green bonds has gradually formed, which not only meets the green development financing needs of different industries, fields and enterprises, but also helps to attract more private capital , Overseas Capital participates in the investment and issuance of green bonds.

Green bond purity increases

Li Mingjin said that before, different green bond varieties in my country were different in the proportion of funds raised, resulting in some funds raised through green bonds to non -green projects. Recently, the "China Green Bond Principles" released the requirements of different markets, emphasizing that 100%of the raised funds are used for green projects, which further increases the purity of green bonds.

From the perspective of the use of funds, the above -mentioned green bond fundraising funds are partly used for project construction, and some are used to repay the expired debt, green project loans, due bonds, supplementary liquidity, etc. For example, "22 Huaneng Hydropower GN008" bonds disclosed that the bond raised funds of 500 million yuan to repay the construction loan of green projects such as energy -saving and environmental protection, pollution prevention, resource conservation and recycling; "22 Tongling Construction Investment GN001" bonds It was disclosed that the bonds raised 620 million yuan to repay the principal and interest of the issuer's green debt financing instruments.

"In the future, 100%of the funds raised funds are used for green projects, which can avoid the use of funds for non -green environment fields, standardize the development of the green bond market, and at the same time promote the integration of the domestic green bond market with international traffic standards, and then attract more global investors to participate in domestic domestic participation in China Green bond market. "Wu Qi said.

Li Mingjin also said that with the establishment of green bonds in international standards, my country's green bond market will attract more overseas funds and enhance international influence. The healthy development of the green bond market will further promote the adjustment of my country's energy consumption structure and bring a steady stream of investment opportunities.

(Editor in charge: Wang Qingyu)

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