Research Article

[Retracted] China’s Green Bond Market: Structural Characteristics, Formation Factors, and Development Suggestions—Based on the Comparison of the Chinese and the US Green Bond Markets Structure

Table 1

Comparison of main green bond standards in China and the United States.

Standard nameRelease timeThe overlap of green project categoriesThe difference of green project categories

Catalogue of green bond supported projects (China)2021(i) Renewable energy(i) Clean utilization of coal. Oil, etc.
(ii) Energy and building efficiency

Guidelines for green bond issuance (China)2015(iii) Clean transport(ii) New energy vehicles and fuel upgrades
(iv) Waste treatment

Principles of green bonds (US)2017(v) Pollution prevention and control(iii) Emphasis on species conservation
(vi) Water resources management(iv) Exclude fossil energy projects

Climate bond standards (US)2017(vii) Land development(v) Exclude new energy vehicles and fuel upgrades
(viii) Mitigation of climate change