Bank of China lists world’s first co-built ‘Belt and Road’ Green Bonds

News Flash

Bank of China has listed the world’s first “One Belt, One Road” Green Bonds on the Nasdaq Dubai Exchange in the UAE. 

The green bonds, totaling $770 million, will fund eco-friendly projects in countries along the “One Belt, One Road” initiative. They are jointly issued by Bank of China’s overseas branches in Dubai and Luxembourg, with a three-year maturity.

Zhang Xiaodong, Bank of China’s Vice President, emphasized the bank’s commitment to green finance and its transformation into a low-carbon inclusive green economy, reflecting a decade of active participation in over 900 projects related to the “One Belt, One Road” initiative. Hamid Ali, CEO of Dubai Financial Market and Nasdaq Dubai Exchange, noted that this listing will enhance cooperation between the two entities.

Author: Bryan Groenendaal

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Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

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