Dialogue Earth speaks to CEO of Climate Bonds Initiative, Sean Kidney, about the future of China’s green and sustainable finance
China’s green finance sector is internationalising. In April 2025, it issued its first sovereign green bonds, in London (Image: Li Ying / Xinhua / Alamy)
Since offering its first bond focussed on environmental outcomes ten years ago, China has become one of the world’s top issuers of these green bonds, as well as bonds linked to positive social change.
By the end of 2024, the country had issued USD 555.5 billion of green, social and sustainability bonds, as well as sustainability-linked bonds. This is according to the latest annual report by Climate Bonds Initiative (CBI), a non-profit working to drive capital into climate action.
The report shows that while green bonds remain dominant, social and sustainability-linked bonds grew sharply in 2024,…
