Home » Vigorously develop green finance and steadily promote innovation in climate investment and financing

Vigorously develop green finance and steadily promote innovation in climate investment and financing

by admin

The “Opinions of the Central Committee of the Communist Party of China and the State Council on Comprehensively Promoting the Construction of Beautiful China” was released on January 11, outlining the goal path, key tasks, and major policies for building a Beautiful China. The document specifically emphasizes the need to vigorously develop green finance, support the issuance of green bonds by qualified companies, and guide financial institutions and social capital to increase investment in environmental protection projects. It also aims to promote climate investment and financing innovation, providing financing support for the construction of a Beautiful China.

The release of the “Opinions” comes at a time when China’s economic and social development has entered a stage of high-quality development that accelerates greening and low-carbonization. However, pressures on ecological and environmental protection have not been fundamentally relieved. To address this, the “Opinions” call for coordinated efforts in industrial structural adjustment, pollution control, ecological protection, and response to climate change.

The document sets specific targets, including a decrease in major pollutant emissions by 2027 and stabilization and decline of carbon emissions by 2035. It also aims to fully form a new pattern of land and space development and protection by 2035 and achieve deep decarbonization in key areas by the middle of the century. To achieve these goals, the “Opinions” call for the acceleration of green development methods, optimization of land space development and protection, and the promotion of carbon peaking and carbon neutrality.

In terms of industrial development, the “Opinions” emphasize the need to accelerate the green transformation of development methods and promote the deep integration of industrial digitalization, intelligence, and greening. It also calls for the upgrading of traditional industrial processes, technologies, and equipment to achieve green and low-carbon transformation.

Furthermore, the document highlights the importance of continued and in-depth advancement of pollution prevention and control, particularly in key industries such as steel, cement, coking, and coal-fired boilers.

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To support the construction of a Beautiful China, the “Opinions” also propose the improvement of the market-based allocation system of resources and environmental factors, the strengthening of financial support, and the establishment of a system for extracting and using corporate ecological and environmental protection expenses.

The release of the “Opinions” demonstrates China’s commitment to environmental protection and sustainable development. It provides a comprehensive framework for the construction of a Beautiful China and sets clear targets and policy measures to achieve this vision.

Please note that the content mentioned in the article is for reference only and does not constitute substantive investment advice. Any operations based on this information are at your own risk. For more information and updates, download the official APP of “Securities Times” or follow the official WeChat account.

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