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April 25, 2024

In Charts: Capacity constraints and lack of awareness limit Chinese green municipal bond issuance

People cycle past the Tencent HQ in Shenzhen, Guangdong province, China
Out of the Chinese provinces with ‘medium to high green potential’ to pursue green bond certification, Guangdong issued the largest number of municipal bonds in 2021 (Photo: Qilai Shen/Bloomberg)

Nearly 20% of Chinese municipal bonds issued in 2021 could have been issued as certified green bonds, says Greenpeace East Asia

Limited awareness and a lack of capacity within Chinese local governments is weighing on issuance levels, according to non-profit Greenpeace East Asia.

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