|October 16, 2015||
GRG Bank grant CIECC as the sole agency in China overseas green bond issue. Issuance of green bonds to help reduce green financing costs, promote the development of direct financing and bond markets.
Both sides agreed that the bond should be established in terms of the green close cooperation between the Chinese and overseas to establish consultative technical team responsible for the project management of the pre and post operation, including business intelligence and project technical trial, corporate post-project supervision and development of emission reduction projects CCER work; the establishment of the investment team consists of GRG, responsible for financial audits, financing bonds and corporate bonds establish product architecture and other investment-related content.
GRG Bank has designated CIECC as the exclusive branch in China for the Green Bond issuance in the region, with the purpose of reducing green financing costs and promotion of the development of direct financing in the green bond market.
GRG Bank and CIECC reached to an agreement to work closely on the development of the green bond market in China, where CIECC will be responsible for the pre and post operation of the green development projects including pre-approving vendors’ financial standings and their technical feasibility and provide ongoing regulations throughout the life of each projects, and GRG BANK and it’s investment team will be responsible for financial audits, financing bonds and corporate bonds, product architecture establishment and other investment-related matters.
|Golden Region news|
|August 17, 2015||The CIECC Overseas Consulting Co., Ltd (CIECC) and The Golden Region Green Bank (GRGB) are announcing their collaboration on China’s carbon market. This collaboration reflects China’s commitment to tackling climate change with policies to reduce its greenhouse gas emissions, including the development of emissions trading schemes such as China’s version of Certified Emission Reductions (CCER), acquisition and other aspects of international carbon reduction projects.||Golden Region news|
|July 22, 2015||On July 22, 2015, CIECC Overseas Consulting Co., Ltd's general manager Mr. Lu Jing, deputy general manager and assistant general manager Mr. Wu Dongmei met witih Golden Region Green Bank's general manager Mr. Joy Chiu. Both parties conducted in-depth exchanges on various CCER carbon sequestration projects cooperation.||Golden Region news|
|Jun 9, 2015||The European Union and China are planning an agreement this month on fighting climate change before nations worldwide gather to iron out a global emissions-cutting deal, according to two people with knowledge of the matter.||Bloomberg news|
|May 26, 2015||Carbon Market Value Expands to $34 Billion as Korea Joins - The value of global carbon permits expanded to $34 billion in the past year, with gains led by South Korea, California and Quebec, the World Bank said.||Bloomberg news|
|May 19, 2015||On May 19th of 2015, a Memorandum of Understanding on Strategic Cooperation between Golden Region International Group Pty Ltd and CIECC Overseas Consulting Co., Ltd.||Golden Region news|
|May 16, 2015||European carbon trading will probably bring in as much as an extra 1 billion euros ($1.1 billion) a year to combat climate change if wood-burning power stations are included in the system for limiting greenhouse-gas emissions.||Bloomberg news|