Seminar on corporates' participation in Carbon Neutral Bonds

2021-06-11 | Beijing

Carbon neutral bonds is a sub-variety of green bonds, which refers to the use of funds raised specifically for green projects with carbon reduction benefits under the existing green bonds policy framework. The first batch of carbon-neutral bonds were issued in China's interbank bond market, which worth 6.4 billion yuan in total, will be used to finance carbon-reduction projects. This is an important action for China to achieve carbon dioxide emissions to a peak before 2030 and become carbon neutral before 2060 to tackle climate change. The CSR Beijing forum invited experts from PwC, Bank of China and Sino Carbon to discuss topics regarding the development of carbon emission trading, issuance process and index accounting of carbon neutral bonds, which offers an opportunity to keep corporations updated on this initiatives.