COSCO Shipping Ports launches green finance framework
COSCO Shipping Ports has announced the launch of its green finance framework, aiming to drive sustainable development of green and smart ports.
The framework serves as a guideline in funding green projects via bonds or loans and regulating the use of the proceeds, as well as facilitating future financing arrangements.
It has received verification from the Hong Kong Quality Assurance Agency (HKQAA), in accordance with applicable international standards including the Green Loan Principles and the Green Bond Principles.
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