China's green bond credentials show Asia the way

The world's largest hydropower operator adds to a China green bond tally that dwarfs the rest of the region.

China's efforts to develop a sustainable green bond market are starting to put much of the rest of Asia to shame as a debut international green bond by Three Gorges Corporation this Wednesday adds another notch to the country's tally. 

So far this year, Chinese entities have accounted for 91.25% of Asia's $8.147 billion green bond issuance according to Dealogic data. This is an even higher ratio than 2016, when the country's issuers accounted for 87.56%. 

Second is India on 6.78% and behind that, the rest of Asia on 2.2%. This latter figure includes the Asian Development Bank, two Taiwanese banks and one solitary issue...

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