Chinanews.com, November 8th. According to the People’s Bank of China website news, in order to implement the important decisions and deployments of the Party Central Committee and the State Council on carbon peaking and carbon neutrality, and to fully and accurately implement the new development concept, the People’s Bank of China has created and launched carbon emission reduction. Support tool, a structural monetary policy tool, supports the development of key areas such as clean energy, energy saving and environmental protection, and carbon emission reduction technologies in a steady, orderly, precise and direct manner, and leverages more social funds to promote carbon emission reduction.
The People's Bank of China provides low-cost funds to financial institutions through carbon emission reduction support tools, and guides financial institutions to provide carbon emission reduction loans to all types of enterprises in key areas of carbon emission reduction without discrimination under the premise of independent decision-making and risk-taking. The loan interest rate is It should be roughly the same as the market quoted interest rate (LPR) for loans of the same maturity grade.
The target of carbon emission reduction support tools is tentatively determined to be national financial institutions. The People’s Bank of China, through the direct mechanism of “loan first and then borrow”, grants qualified carbon emission reduction loans from financial institutions to relevant enterprises in key areas of carbon emission reduction. Provide financial support based on 60% of the loan principal, with an interest rate of 1.75%.
In order to ensure the accuracy and direct accessibility of carbon emission reduction support tools, the People's Bank of China requires financial institutions to publicly disclose information about the issuance of carbon emission reduction loans and the amount of carbon emission reductions driven by the loans, and third-party professional organizations verify this information Verify and accept public supervision.
The launch of carbon emission reduction support tools will give full play to the demonstration effect of policies, guide financial institutions and enterprises to fully understand the importance of green transformation, encourage social funds to invest more in green and low-carbon fields, and advocate green production, lifestyles and recycling to enterprises and the public Economic and other concepts help achieve the goal of carbon peak and carbon neutrality.