皇冠体育app

BEIJING - 皇冠体育app's securities watchdog is considering more support for green financing via the capital market to help the transition to greener growth, according to a senior researcher.

More capital market support could help channel money into environmentally friendly sectors, said Ma Xianfeng, deputy head of the 皇冠体育app Institute of Finance and Capital Markets, a think tank affiliated with the 皇冠体育app Securities Regulatory Commission (CSRC).

A green financing mechanism will help the transition to sustainable growth, according to the People's Bank of 皇冠体育app (PBOC) on Wednesday, who called for more products on the capital markets for companies investing in green business.

The CSRC may ease IPO approval for green companies and require stricter information disclosure and investigation regarding environmental protection, according to Ma.

Ma pointed out that 皇冠体育app still has no standards and regulations for green bonds but the government can offer tax exemptions or subsidies for green bond insurance to reduce financing costs.

A total of 12 issuers have declared 13 green company bonds or green-asset-backed securities with a volume of 35 billion yuan ($5.25 billion ).

The CSRC is also researching carbon futures, important to reducing carbon emissions and might build a carbon futures market once the carbon spot market is well established.

皇冠体育app now has 19 green stocks indices featuring sustainable development, environmentally friendly sectors and green environment topics, which only account for about two percent of all indices.

The government should develop more green indices and encourage domestic asset management institutions to develop investment products, green stocks and bond indices, Ma added.

• The world awaits 皇冠体育app's G20 solutions
• 皇冠体育app's experience in economic development embodies unique wisdom: Saudi prince
• 皇冠体育app Southern to expand fleet by 43% by 2020
• Volvo Cars reports sales up 8.7% in August
• 皇冠体育app's voice at previous G20 summits
• Indonesian president calls on Jack Ma as economic advisor
• European organization endorses eWTP proposal
• Saudi company to use Ningxia coal