The article examines the green segments of China's regional bond markets in order to extract experience relevant to the Russian Federation. Applying the methods of content analysis and statistical assessment of relevant information, it was revealed that these markets are characterized by national specifics, providing effective opportunities for financing sustainable development of territories. Taking into account the Chinese experience, recommendations are formulated for the Russian Federation, including arguments that it is necessary to diversify the instrumental structure of the bond market, simplify market access for small and medium-sized companies, synchronize market development with sustainable development goals, taking into account uneven regional conditions.