The €500 million green bond is now listed on LuxSE’s Euro MTF market and displayed on the Luxembourg Green Exchange (LGX). Raised proceeds will finance projects linked to clean transportation, renewable energy and pollution prevention and control. The Climate Bonds Initiative has verified the issuance and has attributed the Climate Bonds Certification Mark.
CCB has made the transformation into a “green bank” a priority in its medium and long-term business plan. “Our bank has carefully selected the eligible projects to ensure that they will have a positive impact on the environment. We are committed to promoting the growth of green finance, supporting the low-carbon economy and developing a harmonised society. Tapping the international green capital market gives us a new channel to fund projects with environmental benefits. Displaying our green bond on the world’s leading green finance platform comes, therefore, as a natural decision”, said Di Huiqing, the Deputy General Manager of CCB’s Asset and Liability Management Department.
The Luxembourg Green Exchange displays over 200 green, social and sustainability securities worth more than €100 billion, two years after its launch.