recentlyPeople's Bank of China、Ministry of Ecology and Environment, the State Administration of Financial Supervision and the China Securities Regulatory Commission jointly held a symposium on the construction of a beautiful China in green financial services to convey and learn from the Party Central Committee,State councilRegarding the overall deployment of comprehensively promoting the construction of a beautiful China, we will exchange experiences and practices related to financial support for green and low-carbon development and the construction of a beautiful China, and study and deploy the next stage of work.People's Bank of ChinaPan Gongsheng, Secretary of the Party Committee and President of the Bank,Ministry of Ecology and EnvironmentMinister Huang Runqiu, Deputy Director of the State Administration of Financial Supervision Fu Wanjun, and Vice Chairman of the China Securities Regulatory Commission Wang Jianjun attended the meeting and delivered speeches.People's Bank of ChinaVice President Zhu Hexin presided over the meeting.
The meeting pointed out that the construction of a beautiful China is a major strategic arrangement made by the CPC Central Committee with Comrade Xi Jinping as the core based on the overall situation of socialist modernization. General Secretary Xi Jinping emphasized "strengthening financial support and vigorously developing green finance" at the National Conference on Ecological and Environmental Protection, which provides a fundamental guide for green financial services and the construction of a beautiful China. The development of green finance is an inevitable requirement for implementing the decisions and arrangements of the CPC Central Committee and serving the construction of a beautiful China, an important part of supporting the green transformation of the real economy and achieving high-quality financial development, and an important aspect of addressing climate change risks.
The meeting held that in recent years, the ecological environment department has actively carried out institutional and mechanism innovation in climate investment and financing, carbon market construction, and eco-environment-oriented development (EOD) model, which has created conditions for financial institutions to participate in climate change response and ecosystem protection and restoration. The financial sector has continuously explored and achieved positive results in the construction of green finance standard system, information disclosure, incentive and restraint mechanism, product and service innovation, and international cooperation, laying a good foundation for the construction of a beautiful China with green financial services.
The meeting pointed out that giving full play to the role of green finance and helping to build a beautiful China is the common mission and responsibility of the financial system and the ecological environment system. Financial Management Departments,Ministry of Ecology and Environmentdoors, financial institutions and relevant enterprises should strengthen cross-departmental and cross-field coordination and cooperation, strengthen overall planning, and further strengthen top-level design. Promote the construction of the environmental factor market, gradually expand the coverage of China's carbon market in stages, and improve the national greenhouse gas voluntary emission reduction trading market。 Make good use of the professional advantages of relevant institutions and units of the ecological environment, and strengthen technical support in carbon accounting, third-party assessment and certification. We will give full play to the positive role of financial institutions and financial infrastructure to further contribute to the construction of the carbon market. Strengthen the tripartite financing docking between the government, banks and enterprises, and establish a joint promotion mechanism for key projects serving the construction of a beautiful China.
The meeting emphasized that financial institutions should fully consider the adaptability to the green transformation of the economy and society in their overall strategies, integrate climate risks into the overall risk management system, and better adapt to and support the needs of economic and social transformation and development. Improve the organizational construction around green finance, strengthen assessment and incentives, and improve the professional level of financial services. Strengthen green financial products and services, broaden project repayment and guarantee methods, and explore innovative products such as environmental rights and interests mortgage loans, environmental benefit-linked loans, and green credit asset securitization. Effectively improve the accuracy of green finance investment, improve the level of information disclosure and carbon accounting, and prevent "greenwashing", "greenwashing" and "fake transformation". It is necessary to continue to increase financial support for energy conservation and carbon reduction, ecological and environmental protection, and ensure reasonable support for the low-carbon transformation of high-carbon industries such as coal power. The financial management department will work withMinistry of Ecology and EnvironmentWe will further optimize policy arrangements, establish a normalized project recommendation mechanism, strengthen monitoring and evaluation, policy coordination, publicity and promotion, and actively promote the construction of a beautiful China with green financial services to achieve practical results.
National Energy Group, China Three Gorges Corporation, Environmental and Economic Policy Research Center of the Ministry of Ecology and Environment and other units introduced the demand for green finance and related work. China Development Bank,Industrial Bank、Industrial SecuritiesExperience in green finance was introduced.
People's Bank of China、Ministry of Ecology and Environment, the State Administration of Financial Regulation, the China Securities Regulatory Commission responsible comrades, development and policy banks, large state-owned commercial banks, some joint-stock banks, securities companies, fund companies, some key units in the field of ecological and environmental protection, responsible comrades of enterprises attended the meeting. Branches of the People's Bank of China in all provinces (municipalities, autonomous regions) and cities specifically designated in the state plan,Ministry of Ecology and EnvironmentThe comrades in charge of the door attended the meeting at the branch venue.