Case Study Of Green Bonds Issued By Fresh Environment Company

With the continuous development of the current world economy,my country has become the second largest economy in the world and has maintained a momentum of growth.However,at the same time,my country’s environmental and climate problems have become increasingly prominent,with resource depletion,deterioration of living environment,natural Ecological problems such as frequent disasters have become prominent and have formed obvious obstacles to the development of the country and society in the future.Looking at the world,this is a problem that all countries in the world need to face together.The development process of each country will inevitably be accompanied by the consumption of a large amount of resources,and the natural environment will be damaged to a certain extent.Environmental protection,low carbon and environmental protection are imminent.In 2020,General Secretary Xi Jinping proposed the "dual carbon" goal.For sustainable development,the transformation of energy consumption structure alone is not enough to complete the goal in time.At the same time,starting from the financial industry to build a green financial system,it is very important to establish the link between finance and green environmental protection industry.With the indepth understanding of the concept of green finance by governments and social investors in various countries,my country’s green financial system is constantly developing and improving.A large number of green funds flow into the environmental protection industry,which promotes the innovation and development of the environmental protection industry,and also contributes to my country’s natural environment.and social environment have brought positive external effects.As a new type of green financing tool,green bonds have played an important role in this process.my country’s green bond market has a relatively short development time,but from the initial budding period to the end of 2020,it has become the world’s second largest issuing country with a bond stock of 813.2 billion yuan.Green bonds are essentially innovative bonds with "green" attributes,which have the function of supporting the transformation of the economy to "green".Compared with ordinary bonds,issuing green bonds not only has the effect of low carbon and environmental protection,but also has The issuance process has the characteristics of low financing cost and policy support,which is an advantage that cannot be achieved by other financing methods for enterprises.These advantages can prompt enterprises to make more use of this financing tool,provide experience and reference for green bond issuance and financing of green environmental protection enterprises,and enhance investors’ green investment concept,which has important theoretical and practical significance for activating the green bond market and promoting economic and social progress and development.As a domestic environmental protection enterprise,Beijing Qingxin Environmental Technology Company.Fresh Environment makes full use of the advantages of innovative thinking,mechanism and platform,and successfully applied the self-developed technology to environmental pollution control,which has been unanimously recognized by customers and the market.In the early stage of green bond development,my country has actively encouraged eligible industries and issuers to use green bond financing.Qingxin Environmental has seized policy opportunities forward-looking,actively responded to policies,and made full use of green bonds as a financing method.This paper mainly studies the green bonds issued by Qingxing Environment Company: "16 Qingxin G1" and "20 Qingxin G1" to carry out case analysis.This paper first introduces the details of Qingxin Environmental Company,and then expounds the issuance process of green bonds and the core terms of green bonds,and then analyzes the motivation for Qingxin Environmental Company to issue green bonds from the macro external factors and internal factors of the enterprise;Enterprises use other financing methods to compare and analyze whether green bond issuance will bring financial benefits to the enterprise,and whether the projects invested by green bond funds have low-carbon,environmental protection,energy-saving and emission-reduction effects to analyze whether green bonds have brought ecological benefits.Whether the green bond raised funds are invested in projects that generate positive internal investment returns to analyze whether green bonds have brought economic benefits;then analyze the risks faced by fresh environmental green bonds from the perspective of the risks the bonds may face,such as: interest rate risk,liquidity risk,credit risk and environmental risk.Finally,through the above-mentioned series of comprehensive analysis on Qingxin Environmental Company and Qingxin Environmental Green Bond,this paper summarizes the various problems and risks caused by the company itself and the external environment in the case of Qingxin Environmental Company issuing green bonds.Relevant issues and risks are combined with the current reality to give corresponding suggestions and enlightenment to the relevant entities.