Latest news with #green debt market

Bloomberg

China's $167 Billion Mega-Dam Promises Boost for Green Finance

China's massive hydropower project is expected to unleash a wave of fresh fundraising and bolster a green debt market that's increasingly being driven by Asia's top economy as the US and Europe face a slowdown. A new state-owned entity, China Yajiang Group, set up to lead the 1.2 trillion yuan ($167 billion) Yarlung Tsangpo development in Tibet, could tap bank loans or the bond market, Citigroup Inc. analysts Xiangrong Yu and Xinyu Ji wrote in a note.