2020全球可持续性金融：发行绿色、社会和可持续性债券 - 穆迪投资（英文版）（18页）.pdf

1、CROSS-SECTOR SECTOR IN-DEPTH 3 February 2020 TABLE OF CONTENTS Sustained growth and diversification in the green, social and sustainability bond markets2 Emergence of new labels to spur further growth in sustainable finance 6 Innovation in structures will complement the growth of use-of- proceeds bo

2、nds7 Issuers, investors and financial institutions will further sharpen their focus on ESG and sustainability9 Governmental focus on climate change and sustainability will rise12 Moodys related publications14 Analyst Contacts Matthew Kuchtyak+1.212.553.6930 Analyst Anna Zubets- Anderson +1.212.553.4

3、617 VP-Senior Analyst anna.zubets- Sarah Conner+1.212.553.1012 Associate Analyst Rahul Ghosh+44.20.7772.1059 SVP - Emerging Markets Rsrch Andrew Davison+44.20.7772.5552 Senior Vice President Brian Cahill+61.2.9270.8105 MD-Asia Pac Corp climate change adaptation; sustainable use and protection of wat

4、er and marine resources; transition to a circular economy; pollution prevention and control; and protection and restoration of biodiversity and ecosystems. Transition activities: activities for which there are no technologically and economically feasible low-carbon alternatives but which support the

5、 transition to a climate-neutral economy in a manner consistent with a pathway to limit the temperature increase to 1.5 degrees Celsius above pre-industrial levels, for example by phasing out greenhouse gas emissions. Enabling activities: activities that enable other activities to make a substantial

6、 contribution to one or more of the objectives, and where that activity does not lead to a lock-in in assets that undermines long-term environmental goals, considering the economic lifetime of those assets, and has a substantial positive environmental impact on the basis of lifecycle considerations.