The financial industry seizes the opportunity "point green into gold"

  Supports green low-carbon development, and the financial industry is available. At the same time, green development also brings great development opportunities for the financial industry.

Organization estimates that the development of funds in new energy industries has a year of $ 1 trillion annually, which will bring unprecedented opportunities to the financial industry. Industry experts believe that on the one hand, the financial industry is accelerating the structural reform of the supply side, based on the initiative of the service entity economy, to seize the opportunities of green development, better service requirements, and achieve the benign of financial and economic Circulation; on the other hand, it is necessary to realize that the green low carbon transformation must be gradually entered, avoiding the formation of a steep curve of financial "one knife cut" and cannot affect the normal operation of people’s livelihood and economy. Green finance has rapidly in recent years, my country’s green finance has achieved remarkable results.

The Bank of China has shown that at the end of 2020, 21 major banks green credit bars reached trillion yuan. In addition, environmental pollution liability insurance has covered more than 20 high-environmental risk industries such as heavy metals, petrochemicals, and medicine.

  Green finance has developed rapidly, benefiting from the overall economic and social development to the green transformation. Ye Yanfei, an inspector of the Bank of China Policy Research Bureau, believes that in recent years, in the past, low-carbon transportation, green buildings, digital, intelligent infrastructure and other industrial development results. Wind, photovoltaic and other clean energy industry, the world’s leading, the new energy vehicle ownership of electric vehicles, the first, energy storage power station and advanced manufacturing development, the traditional industries accelerate transformation, plus a series of energy conservation and emission reduction process and Technical is widely used, and a group of smart cities that effectively reduce carbon emissions, the green low-carbon industry is continuously landing, etc., which provides a broad market space for green financial development. More and more financial institutions use green finance as an important strategic development direction.

Such as: China Industrial and Commercial Bank continues to increase the green financial supply, the green loan scale is the first place in commercial banks; China Agricultural Bank issued a green financial development plan, comprehensively construct internal green financial system; China Construction Bank proposed "four-wheel drive" in 2017 Promote green financial development, optimize the green credit business; Bank of China, in the first half of this year, "Bank of China" 14th "Green Financial Plan", from the aspects of assessment, authorization, scale, price, economic capital, etc. Policy tilt. In addition to state-owned large banks, joint-stock commercial banks and some urban business deals have also accelerated the pace. On November 3, Pudong Development Bank jointly established a Fudan University Green Financial Research Center, Shanghai Environmental Energy Exchange, etc. The Green Exchange signed a comprehensive strategic cooperation agreement, established the first branch named by "Green" in Beijing – Beijing Bank Tongzhou Green Branch. From the financial supply side, there is currently, my country’s green credit is ranked first in the world. The overall asset quality is good. The non-expensive rate is much lower than the overall bad level of loans in the same period, and the green credit environment is gradually appeared. However, industry experts also point out that my country’s green credit accounts for more than 90% of green financial resources, and other financial products include bond products.

It must be sober that the development of green finance is far from satisfying the actual needs, and the practical effect is also a distance from all parties.

  Zhang Qingongong, the leader of the Agricultural Bank, believes that for financial institutions such as banks, you can have to force from the following four aspects: Improving the credit policy realization of product value, providing integrated financial services, promoting market development, exploring more financial support model.

  Zhang Qingong said that credit funds are the most direct and powerful support. Commercial banks must surround the key areas to introduce specialized industry credit policies, promote the organic integration of the green credit index system and the credit industry policy, while supporting differentiation measures.

In addition, there are many of the large investment scale, long construction cycle, and strong public welfare attributes, and financial institutions should give full play to the role of the market’s hand, strengthen cooperation with Government.

For example, through the construction of "Ecological Product Authority + Green Credit + Risk Compensation", "Public Goods + Green Fund", green PPP financing and other models, jointly promote the implementation of dual carbon objectives. Liu Jin, a director of Bank of China, believes that the company’s finance should play a key role in the main battlefield of industrial green low carbon transformation.

Financial institutions should further enricher product supply, improve service accuracy, actively develop financial products such as energy efficiency credit, environmental rights, carbon neutropters, to meet green development diversified needs with green equity investment, green mergers and acquisition funds, green trust plans, etc. In-depth participation in carbon market trading, launch financial products such as carbon or carbon, carbon period, carbon rush period, and develop financial services such as carbonaceous, carbon repurchase, carbon hosting. In addition to banking financial institutions, it is also necessary to guide all kinds of financial institutions to participate in the development of green finance.

Xiao Yuan, vice chairman of the Bank of China, said that the financial support in the process of green and low-carbon development is very unique. Unlike other financial industry, insurance can directly sue and impact the physical and transformation impact on climate change. At the same time, the risk adjustment function of insurance can achieve the cost reconfiguration between the market main body, guide the company’s individual and the government to adjust the strategic objectives, sustained energy conservation and emission reduction and "double carbon" target, mitigate the impact of climate risk, ironing economic fluctuations . In addition, the long-term period structure and diverse investment goals can provide long-term and stable financial support for the green industry. Xiao Yuange believes that the current insurance coverage of climate risks is relatively low. In the past 10 years of losses caused by the global climate disaster, only 30% is covered by insurance, and the remaining gap is approximately trillion, and the actual demand in the future is greater.

  In the process of improving the green financial development process of preventing risk awareness, looking for a difficult point in green assets to become financial institutions. Ye Yanfei suggests that when financial institutions have to force green assets, more concerned about "decontamination" "decontamination" and "anti-prevention" four aspects.

  In terms of "decontamination", pollution management in the Dajiang Dahe Basin requires a lot of investment, industrial sewage, and various emissions reductions require a lot of investment. Ye Yan Fei analyzed that my country’s high-carbon products accounted for high proportion of global, and high-carbon products that produced more production will inevitably bring pollution. It is necessary to increase the strength of pollution prevention; in the field of "carbon", high-carbon industries are being digitized. Intelligent, greening transformation accelerates the reduction in carbon strength, and also requires a lot of credit support; "increasing green", the financial industry can do a lot of work in supporting ecological protection, ecological restoration, such as: financial support major project, major project At the time, it is necessary to pay attention to biodiversity, and some biodiversity can attempt to solve it through a commercial approach; in the field of "disaster prevention", the loss caused by extreme climate events is huge, and it is necessary to strengthen disaster prevention construction, especially insurance. Wait.

  Industry experts believe that achieving green low-carbon transformation is a step-by-step process, while in an orderly, it is necessary to prevent relevant risks. Chen Yuluo, the vice president of the People’s Bank, recently said that the central bank encourages the conditions for financial institutions to propose carbon neutralization, but in the process of implementing the road map, there must be a flexible correcting mechanism to prevent stacking or "sports" due to policy measures. Reducing, affecting people’s livelihood and economy. For traditional high-carbon industries, the financial industry should not simply exclude it outside the service, and should develop targeted products to meet the financial needs of technologies, equipment, talents such as technologies, equipment, talents such as low-carbon transformation, and help achieve orderly Transformation.

Xiao Yuan Enterprise said that the support of the coal-electricity industry is still supported, avoiding "one knife cut", to ensure the industrial chain, the supply chain is basically stable. The relevant risks of green finance also need all parties to be vigilant. Chen Jaha, Assistant, General Manager of Industrial Bank Green Finance, reminded that banks especially need to identify the "green" of the underlying assets, need to be alert to the pseudo-green technology and pseudo-green finance in the industry. In industry experts, it can improve the risk of green credit and green bond default errors by using artificial intelligence, big data and other technologies.

(Our reporter Lu Min).