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Climate Change

China's green-bond issuances doubled for January-June half

Government prepares stricter standards to allay greenwashing concerns

A wind farm in China's Gansu province. Competing standards on green bonds in China have fueled concerns over greenwashing.   © Reuters

TOKYO -- Chinese issuances of bonds to fund climate change solutions roughly doubled on the year for the first six months of 2022 as the government works to attract more international funding for decarbonization projects.

The January-June total came to $57.8 billion, according to the U.S.-based Intercontinental Exchange (ICE). The surge in China contrasted with slowing growth globally, stemming from uncertainties over interest rates.

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