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SOEs Undermine Credibility of China’s Green Bonds

Chris Hall

The IEEFA’s Christina Ng says China’s state-owned enterprises continue to allocate up to half of their green bond proceeds to non-green projects. . China’s ambition to green its financial market has been making significant progress. SOEs accounted for about half the onshore green issuances from 2019 to 2022.

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Switzerland to Address Greenwashing with Sustainable Investment Label Rules

ESG Today

Financial products and funds labelled as ‘sustainable,’ green,’ or ‘ESG’ on Swiss financial markets will be required to align or contribute to specific sustainability goals, with providers required to disclose how they intend to achieve the goals, according to new proposed rules unveiled by the Swiss Federal Council.

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Global Regulatory Brief: Green Finance, January Edition

3BL Media

Financial institutions and market participants will be able to refer to a common set of definitions under the CGT to facilitate sustainable development in markets covered by the CGT. The proposed guidance is designed to help firms better understand the FCA’s expectations under the anti-greenwashing rule and other associated requirements.

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Stopped in its Tracks

Chris Hall

Mandatory EU Green Bond Standard risks slowing issuance, but voluntary approach can still drive Taxonomy-aligned volumes. On the face of it, the market for green bonds is heading in the right direction, and fast.

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Guest Post: Gaining Specialist Clarity on ESG in Fixed Income

ESG Today

This market boom and increasing focus on labelled bonds represent a significant challenge for investors, where issues around information and behaviours have led to controversy, adverse headlines and even sanctions, along with widespread concerns around greenwashing. Identifying and avoiding greenwashing. Access Report.

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Study of EU 100 largest companies shows streamlining and precision needed for optimal EU Green Taxonomy

We Mean Business Coalition

The EU Green Taxonomy was designed to accelerate the flow of money into green companies and projects, while simultaneously protecting investors from greenwashing accusations. The EU Green Taxonomy is also instrumental for the upcoming EU Green Bonds Standard.

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Asia’s Sovereigns to Embrace Sustainable Bonds

Chris Hall

“The issuer base is likely to expand through multilateral support and as investor appetite for sustainable bonds catches up with vanilla bonds,” Moody’s added. Global sustainable bond issuance surged in 2021, with data providers estimating total volumes just above or below US$1 trillion; green bonds accounted for roughly half.