Table 16 Details of local government green bond policies
Encouragement type | Policy tools | Policy description |
|---|---|---|
Policy signals | Special documents | Release special documents to encourage green bonds (or green finance) |
Special working group | Establish a special working group to encourage green bonds (or green finance) | |
Green bond pilot | Fully or partially carry out green bond pilot projects | |
Convenience measures | Green channel | Opening a green channel for green bonds, priority given to processing |
Project | Establish a database of green bond issuance projects and strengthen the reserve of qualified projects | |
Green debt alliance | Invite issuers, investors, regulatory agencies, intermediaries, evaluation agencies, etc. to jointly launch a green bond alliance | |
Forum training or docking meeting | Hold green bond forums, training or project docking meetings | |
Stimulate financing demand | Promote the green transformation of local economy and stimulate the demand for green financing | |
Financial incentives | Cost sharing | Share issuance costs by providing issuance subsidies, guarantee subsidies, bond discounts, and other means |
Credit enhancement | Enhance credit through guarantee funds, debt loan portfolios, special construction fund portfolios, and other means | |
Tax break | Provide tax incentives for issuers, investors, etc. within the framework of central policies | |
Guiding investment | Encourage investors within and outside the jurisdiction to invest in green bonds | |
Recognition | Commendation organization | Commending the issuer and participating institutions |
Media coverage | Organize media coverage on green bonds and green bond projects | |
Include in review | Include green bonds in other routine work reviews and evaluations |