(1) industrial development
1, the definition of green bonds
Green bonds refer to bonds whose raised funds are mainly used to support green industry projects.
Green bonds currently active in China's capital market are:
(1) Green financial bonds: securities issued by legal persons of financial institutions according to law, and the funds raised are used to support green industries and repay the principal and interest as agreed. The People's Bank of China (hereinafter referred to as "the central bank") approved the issuance and supervised it.
(2) Green corporate bonds: The raised funds are mainly used to support green recycling and low-carbon development projects such as technological transformation of energy conservation and emission reduction, green urbanization, clean and efficient utilization of energy, development and utilization of new energy, development of circular economy, water conservation and unconventional development and utilization, pollution prevention, ecological agriculture, forestry, energy conservation and environmental protection industries, low-carbon industries, ecological civilization pilot demonstration experiments and low-carbon pilot demonstrations. , issued by the National Development and Reform Commission (hereinafter referred to as "NDRC")
(3) Green corporate bonds: Corporate bonds issued on the exchange to support the raised funds to support green industries shall be approved by the exchange or China Securities Regulatory Commission (hereinafter referred to as "China Securities Regulatory Commission") and subject to the supervision of China Securities Regulatory Commission.
(4) Green debt financing instruments for non-financial enterprises: debt financing instruments registered with the Association of Interbank Dealers, issued and circulated in the national inter-bank bond market, and supporting green industry financing.
(5) Green structure financing tools: green credit asset securitization, green project income right asset support plan, etc.