Chinanews.com, Guiyang, July 12 (Reporter Zhang Wei) The 2021 Ecological Civilization Guiyang International Forum Green Finance Forum was held in Guiyang on the 11th. Government, industry, academia and research institutes at home and abroad gathered in Guiyang to discuss carbon peaks and carbon neutral goals and stimulate together Green power, together to create a better future.
Tan Jiong, Vice Governor of the People's Government of Guizhou Province, said that achieving carbon peak and carbon neutrality is related to the sustainable development of the Chinese nation and building a community with a shared future for mankind. It is an objective need for China to promote high-quality development in the new stage of development.
Green finance plays an important guiding and serving dual role in achieving the goal of carbon neutrality, which is conducive to further reducing green premiums and realizing economic and social green and low-carbon development.
Tan Jiong suggested that continuous efforts should be made to jointly promote new breakthroughs in green finance in terms of improving rules and standards, innovating products and services, strengthening risk management, improving regulatory policies, and promoting regional cooperation.
Xu Shouben, vice president of Industrial and Commercial Bank of China, said that green finance is an important tool and means to promote green development.
In recent years, with the concerted efforts and solid promotion of all parties, the construction of China's green financial system has developed rapidly, and social and environmental benefits have further emerged.
At present, China's social structure, industrial structure, and energy structure will face a deep low-carbon transition.
"Financial institutions have the unshirkable responsibility, and they can do more." Xu Shouben advocated that Chinese financial institutions should expand the concentric circle, draw the strategic extension line, focus on key development points, and contribute to creating a new situation for the high-quality development of China's green finance.
Danino Turk, former president of the Republic of Slovenia and chairman of the Global Leaders Club, delivered a keynote speech in a video, stating that the core of all priority policies for building a new era of ecological civilization is financing.
Expanding green financing and phasing out fossil fuel financing are two highly demanding and difficult strategic tasks in the financial sector.
Danino Turk suggested that when necessary, the government, enterprises, and financial institutions need to conduct careful and confidential consultations to determine, with the goal of formulating realistic and bold reform practices.
Countries at home and abroad should organize realistic assessments of risks and make ambitious decisions for change.
Pete Kenig, a former senior economist at the World Bank, believes that the real "green investment" is the development of renewable and carbon-free energy sources, such as hydropower, wind energy, solar energy and tidal energy.
China will continue to become a world model for building a "green city", investing in the construction of parks and housing units with plant walls-"green houses" to absorb carbon dioxide emissions from urban industry and transportation.
"We must continue to promote the construction of a community with a shared future for mankind." Pete Kenig said that China is implementing the "Belt and Road" initiative through joint efforts and green investment cooperation at home and abroad, so as to provide the world with new opportunities to improve carbon-free living standards. The focus is always on mutual benefit.
Guizhou, where the forum is held, is China's National Experimental Zone for Ecological Civilization, and Gui'an New District is China's National Pilot Zone for Green Finance Reform and Innovation.
As of the first quarter of 2021, Guizhou has studied and introduced 15 supporting policies, innovatively launched 62 green financial products and service methods, 9 financial institutions have established green finance business units, and 3 state-owned banks have established “green finance sub-branches”. China’s first “green finance” insurance service innovation laboratory was established. Financial institutions in Guizhou province have provided a total of 377.12 billion yuan (RMB, the same below) in loans to green projects, issued 13 billion yuan of green financial bonds, and raised 11.576 billion yuan in green funds. , The balance of domestic equity financing of green enterprises is 52.544 billion yuan.
In the next step, Guizhou will accelerate the development of green finance, guide the province’s financial institutions to gradually strengthen resource allocation to green and low-carbon fields, actively empower green and low-carbon development, promote the formation of green production and lifestyle, and continue to explore green waters, green mountains and golden mountains. The path of mutual conversion can effectively enhance the economic, social and ecological benefits of the green industry.
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