As of 2022, over 80 percent of Chinese green bonds were denominated in yuan. In addition to that, the Chinese sustainable bond market is in large parts domestic. Green bonds are an emerging investment tool in China that is designed to fund environmentally friendly projects. They are gaining popularity as the country seeks to reduce its carbon footprint and transition to a more sustainable economy.
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Climate Bonds Initiative. (June 5, 2023). Currency split of Chinese green bonds in 2022 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1372368/china-breakdown-of-currency-denomination-of-green-bonds/
Climate Bonds Initiative. "Currency split of Chinese green bonds in 2022." Chart. June 5, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1372368/china-breakdown-of-currency-denomination-of-green-bonds/
Climate Bonds Initiative. (2023). Currency split of Chinese green bonds in 2022. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1372368/china-breakdown-of-currency-denomination-of-green-bonds/
Climate Bonds Initiative. "Currency Split of Chinese Green Bonds in 2022." Statista, Statista Inc., 5 Jun 2023, https://www.statista.com/statistics/1372368/china-breakdown-of-currency-denomination-of-green-bonds/
Climate Bonds Initiative, Currency split of Chinese green bonds in 2022 Statista, https://www.statista.com/statistics/1372368/china-breakdown-of-currency-denomination-of-green-bonds/ (last visited November 23, 2024)
Currency split of Chinese green bonds in 2022 [Graph], Climate Bonds Initiative, June 5, 2023. [Online]. Available: https://www.statista.com/statistics/1372368/china-breakdown-of-currency-denomination-of-green-bonds/