4 August 2017 – A power producer in the city of Tianjin has issued “green bonds” worth 1 billion yuan (US $150 million) to finance a 2,000-megawatt (MW) coal-fired power plant, a move criticised by an environmental group for diverting funds from cleaner projects. This first “green bond” of its kind to be launched by China’s thermal power sector will be used to pay back loans used to build two 1,000-MW ultra-supercritical coal-fired generation plants, the company said in a statement. Read the full article on the Reuters website.