China News Service, Beijing, October 20 (Reporter Xia Bin) The reporter learned from the China Banking Association on the 20th that Pan Guangwei, Secretary of the Party Committee and full-time vice chairman of the China Banking Association, recently represented 36 Chinese banking financial institutions and 24 foreign investors. Banks and international organizations issued the "Common Declaration of Banking Financial Institutions Supporting Biodiversity Conservation".
Specifically, the first is to formulate a "biodiversity strategy", formulate goals, roadmaps and action plans for banks to support biodiversity, build eco-friendly banks, and promote a win-win situation for economic development and environmental protection.
The second is to strengthen "biodiversity risk control", strengthen the protection and support of biodiversity in investment and financing activities, and strive to avoid and slow down the major threats and impacts on the living environment of animals and plants caused by investment and financing projects.
The third is to establish "biodiversity preferences", incorporate biodiversity protection into the scope of green finance support, promote financial resources to tilt toward biodiversity protection and nature-based solutions, and guide capital to flow to eco-friendly projects.
The fourth is to increase "biodiversity investment and innovation", promote the realization of the value of ecological products, and actively and steadily provide comprehensive financial services for biodiversity protection.
Fifth, do a good job in "biodiversity disclosure", strengthen the sharing of biodiversity data and information among banks, and timely disclose the prohibition and support policies, classification screening, and dynamic update of biodiversity conservation investment and financing.
Sixth, improve the "biodiversity performance", multi-channel communication and publicity, enhance professionalism, and enhance the awareness and professionalism of biodiversity conservation.
The seventh is to promote "biodiversity cooperation", strengthen interaction with social organizations and the media, and inject financial impetus into the protection of biodiversity.
The announcement of the announcement will help the banking industry to further strengthen its sense of responsibility, increase its support for biodiversity protection, and better build an eco-friendly bank.
"Financial institutions should give full play to their own advantages, widely mobilize social funds, promote biodiversity conservation and sustainable use of resources, participate in global environmental governance, and at the same time avoid investment and financing activities that have negative impacts on biodiversity and bring financial risks. "Said Tian Guoli, chairman of the China Construction Bank and chairman of the China Banking Association.
In fact, in recent years, the policy level has continuously promoted the development of green finance and included biodiversity protection in the scope of support.
In the "Green Industry Guidance Catalog" (2019 edition) and "Green Bond Support Project Catalog" (2020 edition), biodiversity conservation and ecological restoration are included in the supported green projects.
In April this year, the "Opinions on Establishing and Improving the Value Realization Mechanism of Ecological Products" was officially issued, proposing to increase support for green finance, and clearly speed up the improvement of government-led, corporate and social participation, market-oriented operations, and sustainable value realization of ecological products. The path, focusing on building a policy and institutional system in which green waters and green mountains are transformed into golden mountains and silver mountains.
Under the guidance of policies, Chinese banking financial institutions have vigorously developed green finance and provided financial solutions to ensure the stability of the ecosystem.
For example, increase capital investment, innovate financial products and services, and promote biodiversity protection and ecological restoration; guide and restrict business behaviors of enterprises in the process of providing project financing, and prevent their own risks.
Zhao Yingmin, deputy minister of the Ministry of Ecology and Environment, said that financial institutions represented by the banking industry have a lot to do in biodiversity conservation and the realization of the value of ecological products.
At present, the amount of funds required for biodiversity conservation is huge. How the banking industry can maximize financial resources to support ecological restoration and biodiversity protection has become a topic of widespread concern in the society and the direction of the industry's active efforts.
In addition, more banks have realized the financial risks caused by the loss of biodiversity, and their willingness to invest is getting higher and higher.
Zhao Yingmin said bluntly: "It is foreseeable that there will be more and more policy incentives, financial tools and product innovations to support biodiversity conservation." (End)