The China Development Bank issues 10 billion yuan in green financial bonds to support areas such as the green, low-carbon transition of energy and more.

According to reports, the funds raised from this bond issuance will mainly be used for key areas such as green and low-carbon energy transformation, green upgrades of infrastructure, ecological protection and restoration and utilization, environmental protection industries, and resource recycling industries. It is expected to save approximately 535.8k tons of standard coal and reduce carbon dioxide emissions by about 1.09M tons annually. (Xinhua News Agency)
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