1、China Sustainable Debt State of the Market 2024 Climate Bonds Initiative 1China Sustainable DebtState of the Market 2024Published jointly by the Climate Bonds Initiative and CIB ResearchFunding for this publication was provided by the Standard Chartered Bank as a Gold Partner.$555.5bn Cumulative Ali
2、gned GSS+Social Green SLBSustainability China Sustainable Debt State of the Market 2024 Climate Bonds Initiative 2Chinese GSS+aligned volume scorecard(2014-24,USDbn)Green Social Sustainability SLB Grand Total2014-201875.8 0.8 1.0 -77.7 201932.2-32.2 202021.9 78.1 0.9 -100.9 202171.7 0.3 8.6 -80.6 20
3、2287.8 0.3 3.4 0.1 91.6 202384.2 0.5 3.2-87.9 202468.9 2.5 13.2 0.1 84.6 Grand Total442.5 82.5 30.3 0.2 555.5 Chinas aligned GSS+volume breaches USD0.5tn.As of the end of 2024,global aligned GSS+volume had reached USD5.6tn.Chinas cumulative contribution was among four sources that have exceeded the
4、half trillion mark,reaching USD555.5bn by the end of the year.The country is the fourth largest source of aligned GSS+after Supranational(SNAT)(USD831.5bn),the USA(USD791.7bn),and France(USD578.4bn).Report highlightsChina is one of four sources to have exceeded USD0.5tn in cumulative GSS+volume as o
5、f the end of 2024Source:Climate Bonds Initiative200400USD Billions1000800600USAChinaJapanSpainUKNetherlandsSwedenItalyOtherNorwaySupranationalSouth KoreaGermanyFranceAustraliaCanada0GreenSLBSocialSustainabilityTable of ContentsReport highlights 21.Introduction 42.Green 53.Social and sustainability 1
6、24.Sustainability-linked bonds 175.Spotlight:How the GSS+market can support development in the Guangdong-Hong Kong-Macau Greater Bay Area 206.Policy push for sustainable debt market development 247.Outlook 26Appendices 27Endnotes 30Acronyms:GBD:Green bond datasetGBP:(ICMA)Green Bond Principles GHG:G