SHANGHAI -- Japan's Mizuho Bank will serve as a principal underwriter for China's first green bond that consists only of income streams from loans for low- and zero-emission cars as Beijing pursues an ambitious climate change goal.
Bonds
Mizuho to lead China's first green bond sale backed by car loans
Japanese bank sees growth opportunity in ESG finance segment
A Polestar 2 electric vehicle sits on the stage at a media day for the Auto Shanghai show in Shanghai on April 20. © Reuters
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