ARX Series 10 July 2020
China's New Green Catalogue
Harmonizing Standards
China’s regulators have published, for public consultation, an updated “Green Bond Endorsed Project Catalogue”, which harmonizes domestic standards with international ones, expands the range of qualifying projects, and adds technical detail.
Authors: Peiyuan Guo, Yujun Liu, Yanjing Wu, Grace Guan
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On May 29, 2020, the China “Green Bond Endorsed Project Catalogue (2020 Edition)” Consultation Version (hereafter referred as “2020 Catalogue”) was jointly released by the People's Bank of China (PBOC), the National Development and Reform Commission (NDRC) and the China Securities Regulatory Commission (CSRC) for public consultation. The draft catalogue classifies green projects into 6 level-I industry categories: Energy-saving and Environmental Protection Industry, Cleaner Production Industry, Clean Energy Industry, Eco-environment Industry, Green Upgrading of Infrastructure, and Green Services, followed by 25 level-II, 48 level-III, and 204 level-IV categories.
Publisher
With its core team established in 2009, SynTao GF has been providing ESG data of Chinese companies, as well as supporting policy makers and commercial clients in responsible investment and green finance with its research and in-depth analytics. As ESG investing is taking off in China, SynTao Green Finance is further broadening and deepening its existing ESG products and services, which include ESG database for China market, green bond assurance, policy and business advisory, and research & training. In 2019, Moody’s acquired a minority stake in SynTao Green Finance.
SynTao Green Finance is
The first signatory of Chinese service provider joining UNPRI
Member of the Advisory Council of Green Bond Principles and Social Bond Principles of International Capital Markets Association (ICMA)
Founding member of China Green Finance Committee (GFC)
The first China based Climate Bonds Standard (CBS) approved verifier
Certified consulting agency for UK Green Investment Bank
A member of the National Association of Financial Market Institutional Investors (NAFMII)
Besides, SynTao Green Finance initiated China Social Investment Forum, the first dedicated platform of its kind to promote a responsible capital market in China.