Status of initiative: N/a
Description/achievement of initiative

JUCCCE's Green Municipal Bonds initiative will increase access to electricity, energy efficiency & renewable energy generation by leveraging China's emerging muni bond market to fund green projects.

Bringing innovative green financing to cities is one of JUCCCE's major goals as we train government officials across China on how to build sustainable cities.

Implementation methodologies

Green Municipal Bonds can help cities fund the rapid transition to a sustainable economy by providing lower risk investment products for large institutional investors. With the recent introduction of pilots for municipal bonds, China is now uniquely poised to open up to a trillion+ USD market to green municipal finance as a way to fund green projects. JUCCCE's ongoing mayoral training program is a unique channel to catalyze this concept with municipal authorities who are searching for financing for the sustainability initiatives.

Arrangements for Capacity-Building and Technology Transfer

Coordination mechanisms/governance structure

Partner(s)

To be determined
Open to additional Partners
Deliverables
2013
JUCCCE will, along with its partners, make policy recommendations for continued reform for a transparent municipal bonds market. It will outline market-based opportunities to use Green Bonds to meet China's national targets for energy efficiency, emissions reductions and renewable energy generation.
2015
By providing training through Chinese government training academies, JUCCCE will have trained and worked with 100 mayors and other government officials to leverage municipal bonds to finance green projects. Examples include energy efficiency retrofits for state owned industry, building renewable energy generation, and mass transport infrastructure.
Sustainable Development Goals and targets
Goal 7
Resources devoted to implementation
SMART
This initiative does not yet fulfil the SMART criteria.
SDGs
Information
Location: China
Date of completion: 2015
Operating in countries
Partner connections
Contact information/focal point(s)
, debkemper@juccce.org

Documents
#SDGAction747
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