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Jun MA

Finance and Banking published its Green Bond Endorsed Project Catalogue—it became the world’s largest within a single year, making up 40 percent of total green bond issuance in 2017. In recent years, innovative securitized products such as green covered bonds 1 and green asset-backed securities are also beginning to emerge, thanks to improvements in the regulations and service of the green bond market, as well as increasing international cooperation. Definitions of Green Bonds in China An important precondition for the effective functioning of green financial