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Published on Friday, 29 September, 2017 at 11:39
The Industrial and Commercial Bank of China (ICBC) intends to issue a first green bond that will be listed on the Luxembourg Green Exchange (LGX).
The One Belt One Road (OBOR) Green Climate Bond will be the first green bond with climate bonds certification for the Chinese bank.
ICBC plans to finance green assets in the field of renewable energy, low carbon and low-emission transportation, energy efficiency and management of sustainable water resources. The areas in scope will be both domestic provinces and foreign countries key to the OBOR initiative.
While no official application has been made at the Luxembourg Stock Exchange (LuxSe) to date, the listing of the new bond is subject to the approval of Luxembourg's financial regulator Commission de Surveillance du Secteur Financier (CSSF), as well as LuxSe's internal regulations depending on the market of listing.
Learn more / En savoir plus / Mehr erfahren:
http://www.scoop.it/t/luxembourg-europe/?&tag=Green+Stock+Exchange
The Industrial and Commercial Bank of China (ICBC) intends to issue a first green bond that will be listed on the Luxembourg Green Exchange (LGX).
The One Belt One Road (OBOR) Green Climate Bond will be the first green bond with climate bonds certification for the Chinese bank.
ICBC plans to finance green assets in the field of renewable energy, low carbon and low-emission transportation, energy efficiency and management of sustainable water resources. The areas in scope will be both domestic provinces and foreign countries key to the OBOR initiative.
While no official application has been made at the Luxembourg Stock Exchange (LuxSe) to date, the listing of the new bond is subject to the approval of Luxembourg's financial regulator Commission de Surveillance du Secteur Financier (CSSF), as well as LuxSe's internal regulations depending on the market of listing.
Learn more / En savoir plus / Mehr erfahren:
http://www.scoop.it/t/luxembourg-europe/?&tag=Green+Stock+Exchange