SDG Finance in China | 2019 April

1. China Issued Over 50 Billion Green Bond in the First Quarter

According to WIND, China has issued 62 green bonds in the amount of RMB 50.13 billion in the first quarter of 2019 at a dramatic year-on-year growth up to 178%. The Chinese Government is currently accelerating the regulation of green bonds. 2018 Chinese Green Bonds Market Report estimates that the annual amount of green bonds issued in 2019 will grow up to RMB 270 billion on aggregate.

2. Over 200 Enterprises Entered Guangzhou Green Finance Pilot Zone

Guangzhou Huadu Government has signed a MOU of Advancing Cooperation in Developing Green Finance with Hong Kong Quality Assurance Agency (HKQAA) on April 3, aiming to transfer Hong Kong’s leading green financial technology and share ripe experience to Huadu’s Green Finance Pilot Zone. Over 200 financial institutions have entered the Zone.

3. China Issued Investigation Report on Social Enterprises and Social Investment

The Investigation Report on China's Social Enterprises and Social Investment was published recently, focusing on the investment amount, market scale, income source, development environment and the prospect of Social Enterprise in China.

4. The Hong Kong Monetary Authority Signed an MOU on Green Finance and Sustainable Finane with IFC

The Hong Kong Monetary Authority and International Finance Corporation (IFC) signed an MOU on April 12, reaching a breakthrough agreement on closer cooperation in green finance and sustainable finance.

5. Shanghai Stock Exchange Released 2018 Social Responsibility Report

Shanghai Stock Exchange (SSE) recently released its 2018 Social Responsibility Report, which notes that SSE will continue to develop products targeted at green finance and strive to co-build a capital market with greater international influence.

6. The Summit Forum for China (Zhejiang) Financial Inclusion

The Summit Forum for China (Zhejiang) Financial Inclusion was held in Hangzhou on the theme of "Financial Inclusion Contributes to Rural Vitalization". The Declaration on Financial Inclusion of Nationwide Rural Cooperative Institutions was released at the forum.