Bonds won’t solve China’s climate change problem

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Bonds won’t solve China’s climate change problem

16 March 2021 Emerging markets 0
International investors are set to get their first chance to buy a carbon neutrality bond from China, with China Development Bank gearing up for a deal this week. This is encouraging, and shows the country is serious about using capital markets to propel its carbon goals. But the government’s credibility will remain in doubt unless it makes changes elsewhere too.