ABC Wins "First Green Bond in China"

On February 3 local time, Green Bond Awards Pioneer sponsored by London Stock Exchange and the Climate Bonds Initiative (CBI) was held in London Stock Exchange. Agricultural Bank of China Limited (ABC) won First Green Bond in China, the only Chinese commercial bank wining the award. On October 22, 2015, ABC had the green bond worth USD1 billion equivalent going public in London Stock Exchange. This was the first green bond issued by Chinese financial institutions and also the first RMB green bond of Asian issuers.

Green Bond Awards Pioneer aims to improve the market clout of green bond and commend the important contributors in this area. Ms. Christiana Figueres, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), attended the award ceremony and delivered a speech. Also present were over 100 representatives of government authorities, financial regulatory authorities, commercial banks and enterprises all over the world. Winners in other categories include central banks, commercial banks and enterprises in China, the US, etc. The People's Bank of China won the title of "Pioneer in Green Bond Policy".
As a global non-profit organization registered in the United Kingdom, CBI releases the reports about green bond market data and provides green bond certification and consultancy. Its green bond awards have wide influence and authority in the global green bond market. For ABC, the honor represented the recognition in the international market on its achievements in promoting China's green development and sustainable development and improved its influence in the international financial market and global green banking area.