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Dec 15, 2022

Research on the Financing Mode of Green Bond Supporting Green Building Development

Publication: ICCREM 2022

ABSTRACT

Green building is the development trend of the real estate industry. Many real estate enterprises are already developing green buildings. With the rapid development of green building, green finance emerges. Now the most widely used green finance mode in the construction industry is green bond. This paper takes Zhenro Properties Co. Ltd., who has repeatedly issued green bonds, as a case to analyze the supporting mode of green bond to green building. Based on annual financial reports and ESG reports, this paper mainly analyzes the benefits and risks of issuing green bonds. The results show that the benefits of issuing green bonds include lowering borrowing costs, broadening financing channels, enhancing environmental sustainability, and promoting corporate ESG management. At the same time, in order to prevent the risks and promote sustainable development of green building, this paper puts forward some suggestions for green bond financing mode.

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REFERENCES

Ba, S. S., Cong, Y. J., and Zhu, W. H. (2018). “Green bond theory and the development of Chinese market.” Journal of Hangzhou Normal University, 41(01), 91–106. (in Chinese).
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Hu, M. Z., Yang, H. Y., and Liang, Y. G. (2019). “Progress and improvement of the implementation of green bonds in China: from the perspective of finance and environment.” Journal of Shijiazhuang Tiedao University, 13(04), 1–7. (in Chinese).
Li, Y. (2021). Research on the Financing of Green Bonds Issued by China’s Real Estate Enterprises. Jiangxi University of Finance and Economics, Jiangxi, China, 2–6. (in Chinese).
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ICCREM 2022
Pages: 170 - 175

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Published online: Dec 15, 2022

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Xiaoyuan Wang [email protected]
1Lecturer, Dept. of Economics and Management, Zhonghuan Information College, Tianjin Univ. of Technology, Tianjin, China. Email: [email protected]
Hongxing Wen [email protected]
2Professor, Dept. of Project Management, Sichuan Univ., Chengdu, China. Email: [email protected]

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