China News Service, Beijing, May 8 (Reporter Wang Enbo) The reporter learned from China Construction Bank on the 8th that the bank’s 800 million euro green bond was listed in Luxembourg, and the funds raised will be used for sewage treatment and river governance in the Yangtze and Yellow River basins. And other sustainable water resources projects.
On the afternoon of the 7th, Beijing time, the 800 million euro green bond listing ceremony of the Luxembourg branch of China Construction Bank was held simultaneously in Luxembourg and Beijing.
Claude Marx, Chairman of the Luxembourg Financial Supervision Commission, Julie Baker, Chief Executive Officer of the Luxembourg Stock Exchange, and Wang Hao, Vice President of China Construction Bank, delivered speeches at the event.
Chinese Ambassador to Luxembourg Yang Xiaorong, representatives of Luxembourg financial institutions, relevant departments of the China Construction Bank and heads of Luxembourg institutions attended the event both on-site and online.
In his speech, Wang Hao stated that the 800 million euro green bond issued by the Luxembourg branch this time is the first overseas special green bond in the field of "water protection and environmental governance" by a Chinese financial institution, which is in line with the International Capital Market Association (ICMA) sustainable finance The relevant principles are another milestone in the continuous strengthening of green finance cooperation between China Construction Bank and the Luxembourg Stock Exchange.
Wang Hao pointed out that in the future, China Construction Bank and relevant institutions in Luxembourg and Europe will have a broad space for cooperation in the fields of green and low-carbon standards, green cross-border investment and financing, green financial product innovation, and forward-looking research. He hopes to further strengthen cooperation and jointly promote green The high-quality and rapid development of finance.
Claude Marx said in his speech that climate change is a global issue that requires the concerted efforts of all parties in society to resolve it.
The successful listing of the green bonds issued by China Construction Bank on the LSSE is not only a model of Chinese and European financial institutions working together to contribute to global issues, but also opening up a channel for international investors to enter the Chinese green finance market.
According to China Construction Bank, the successful issuance and listing of green bonds of the bank’s Luxembourg branch will not only help international investors understand the actual actions of China Construction Bank in green finance, but also promote the deepening of the European capital market, and it will also help to explore international cooperation in green finance. Contribute to China's goal of reaching a peak in carbon by 2030 and being carbon neutral by 2060.