DNV provides Second Party Opinion on Sovereign Green Bond Framework for the People's Republic of China
DNV was commissioned by the Ministry of Finance of the People's Republic of China to provide a Second Party Opinion on the People's Republic of China Sovereign Green Bond Framework in February 2025.
DNV’s assessment concluded that the framework is in line with the International Capital Market Association’s Green Bond Principles 2021 (with June 2022 Appendix 1).
The Green Bond Framework will finance and/or refinance six eligible green categories including:
- Clean Transportation
- Sustainable Water and Wastewater Management
- Environmentally Sustainable Management and Restoration of Living Natural Resources and Land Use
- Marine Ecosystem Protection and Restoration
- Pollution Prevention and Control
- Resource Utilization and Recycling