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Bank of China updated its green bond assurance report from the Luxembourg Branch (2023) to the Frankfurt Branch (2024), with two substantive changes to standards alignment. The newer version expands the criteria framework to include the Common Ground Taxonomy for Climate Change Mitigation, developed by the International Platform on Sustainable Finance with EU-China co-leadership, in addition to the Green Bond Principles 2021. The report also shifts the date of assessment from April 19, 2022 to June 7, 2022, reflecting the different branch issuance timeline. These additions strengthen the alignment with international taxonomy standards and demonstrate Bank of China's commitment to harmonized climate classification frameworks.

• added Standards Alignment — Added Common Ground Taxonomy - Climate Change Mitigation (CGT) released by International Platform on Sustainable Finance (IPSF) Taxonomy Working Group as an additional criterion alongside Green Bond Principles 2021
• expanded Standards Alignment — Expanded criteria framework from single standard (GBP 2021) to dual standards including EU-China co-chaired taxonomy framework