Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
Search
Related Articles
World must scale up CCUS for net zero, says IEA’s Budinis
CCUS is one of the key tools for decarbonising the energy system, but governments and industry must act now to accelerate its deployment at scale
CDR defies cost pressures to win over corporate buyers
Growing list of offtake deals shows large corporations are ready to invest in expensive engineered carbon dioxide removal to support their net-zero goals
Tackling methane a ‘no-brainer’ for oil and gas industry, says IEA’s McGlade
Cutting emissions of the potent greenhouse gas is beneficial not just for the climate but also for companies’ bottom lines and their social licences to operate
IEA’s Birol sees role for oil and gas as part of ‘orderly’ energy transition
Tackling both the energy security crisis and the climate crisis means clean energy push must be secure and affordable
Technology the answer for oil sands’ net-zero goals
The six Canadian producers of the Pathways Alliance look to employ technical innovation and energy efficiency to reach scope one and two targets, says group president Kendall Dilling
Major CDR projects secure offtakers in landmark deal
Corporate buyers including UBS and Swiss Re commit to buy carbon dioxide removals in boost for emerging sector
Avoiding old geopolitical paradigms for new energy challenges
The US needs critical minerals for the energy transition, but its strategy for securing supplies should not mirror its approach to fossil fuels
China bides its time on ETS extension
Government may not broaden scope of world’s largest cap-and-trade scheme until 2024 or later
Net zero demands huge carbon-capture investment – IEA
Project pipeline implies only a quarter of capacity needed by 2030, IEA says
Next oil and gas windfall will come from transition
Ability to attract ESG capital will become key differentiator for energy companies as the transition advances
The People’s Bank of China, the country’s central bank
China Financing Net zero Decarbonisation
Shi Weijun
Beijing
22 February 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

China sees sharp rise in green bonds

Issuance more than doubled in 2021 but remains well below level needed to finance the country’s transition

China is embracing green finance to fund its decades-long transition to a net-zero economy, with green bond issuance more than doubling last year. But the amount of capital remains far from the scale needed to meet the multitrillion-dollar cost of the transformation. Green bond issuance in China—the world’s biggest emitter of greenhouse gases—surged in 2021, growing by 124pc year-on-year to 488 bonds, according to Dagong Global Credit, one of China’s largest debt rating agencies. The total value of these bonds rose by 176pc, to RMB608bn ($96bn). On top of this, 15 provinces and municipalities across the country issued RMB201bn of green bonds last year. Some 47pc went to the clean energy sect

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
High costs threaten DAC potential – BCG
9 June 2023
Paradigm shift by governments and other stakeholders needed to bring down costs and unlock investment in key carbon removal technology, says Boston Consulting Group
Germany launches carbon CfD scheme
6 June 2023
Government expects to budget more than €10bn for subsidy programme in response to US IRA
ExxonMobil signs CCS deal with steelmaker Nucor
2 June 2023
Oil major sees CCS for third parties as a ‘compelling’ business as latest contract takes total portfolio to 5mn t/yr
Realistic hope should be the legacy of Cop28
Opinion
1 June 2023
The appointment of the UAE’s Sultan Ahmed al-Jaber as Cop president has drawn criticism from some quarters, but progress on the energy transition will require cooperation, not conflict

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Carbon Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search