BQD strives to build the first blue financial characteristic bank in China, exploring a new model of financial support for the development of blue economy together with the International Finance Corporation (IFC) affiliated to the World Bank, focusing on climate change, clean water supply, marine biodiversity conservation, marine pollution control and ecological restoration, exploring and incubating the global leading banking practices and innovative capital market solutions, and establishing industrial experience for global and domestic financial institutions to learn from.
In November 2020, the Bank was approved by the United Nations Environment Programme as a member of the Sustainable Blue Economy Finance Initiative and was the first participating bank in emerging markets. In June 2021, the IFC Executive Board approved the investment project of BQD and granted the Bank a credit line of USD 150 million.
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