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.
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
To be determined
Open to additional Partners