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Green bonds worth $31.2b issued in 2018

China issued a total of $31.2 billion in green bonds last year, remaining the world's second-largest green bond market, a recent report showed. The issuance in 2018 saw a 33-percent increase from the previous year, according to an annual report on China's green bond market jointly released on Tuesday by the China Central Depository & Clearing Co and Climate Bonds Initiative. Financial institutions continued to boast the largest share of the issuance, with the Industrial Bank accounting for 23 percent of last year's total issuance, the largest issuer in China and the second largest worldwide, the report said.

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