Carbon sink finance turns Castle Peak into a golden hill


　　 Our reporter Liu Jie and Dong Qingsen

　　In early winter, in the Oriental Olive Garden in Yangxipu Town, Yunyang District, Shiyan City, Hubei Province, olive trees are covered with ripe fruits. A group of three villagers are quickly picking finger-sized olives and putting them into baskets... This is a high-standard olive oil demonstration base invested by Hubei Xinlanyuan Oil Olive Technology Co., Ltd. There are more than 50,000 high-quality olive trees.

"There are more than 200 villagers in the base, and there are land transfer rents every year. The villagers still work in the olive orchard, and their income is more than 30,000 yuan." Zhu Jinyan, the company's chairman, introduced.

　　The evergreen olives are not only ecological forests, but also have high economic value.

Hubei Xinlanyuan Olive Technology Co., Ltd. not only owns more than 6000 acres of olive base, but also drives farmers to develop more than 30,000 acres of olive base.

However, the olive industry is facing the dilemma of large initial investment and long output time. In June this year, the Yunyang branch of the Agricultural Bank of China took the initiative to connect with the company and innovatively provided the "Rural Revitalization Carbon Forest Loan" product.

　　According to Wang Chun, President of the Yunyang Sub-branch of Agricultural Bank of China, the product uses carbon sink income and economic income from tree planting as the main source of repayment, and uses the right to carbon sink income as the pledge guarantee for the loan. Recently, Xinlanyuan Company has been credited to Hubei The first "carbon forest loan" of 30 million yuan, and the first loan of 9 million yuan has been issued.

　　Hubei Xinlanyuan Olive Technology Co., Ltd. strived for preferential policies in terms of term and interest rate of this charcoal-sending loan, which solved the company's financial problem.

　　"At the end of October 2020, we have more than 160,000 registered poor people and 85 poor villages to achieve complete poverty alleviation." Hu Xianping, secretary of the Yunyang District Party Committee, said, "The investment in agricultural products is large and the results are slow. Next, we must take precautions. Return to poverty." The "Opinions of the Central Committee of the Communist Party of China and the State Council on Comprehensively Promoting Rural Revitalization and Accelerating Agricultural and Rural Modernization" proposed that the development of exclusive financial products is encouraged to support new agricultural business entities and new rural industries and new formats.

This is a new opportunity for Yun Yang.

　　As a major forestry county in Hubei Province, Yunyang District has a forest coverage rate of 66.5%, a forest area of ​​290,700 hectares, and a forest stock volume of 8.4667 million cubic meters. It is estimated that the annual release of oxygen and carbon can be 15.38 million tons.

This year, Yunyang District has established a county-level green asset right confirmation platform and a carbon sink information disclosure platform centering on the trading of ecological resource rights and interests, and carried out carbon sink calculation and confirmation registration of the forest land in the whole district.

With reference to the average carbon sink transaction price of Beijing Environment Exchange and Guangzhou Carbon Emissions Exchange in 2020, it is agreed that the local carbon sink transaction price is 35 yuan per ton, and it is estimated that 4.36 million acres of forest land can achieve annual carbon revenue of 538 million yuan.

　　Adopting the “carbon sink income +” approach to expand the sources of repayment, Yunyang District has established a green financial risk compensation fund to build a closed-loop carbon sink finance that integrates forestry carbon sink confirmation, mortgage, financing, trading, and repayment, and realizes ecological assets Value, market, and financial.

Currently, financial institutions such as Rural Commercial Bank, Agricultural Development Bank of China, and Agricultural Bank of China have issued 95 million yuan in carbon sink loans.

　　The carbon sink loan funds are used for various production activities such as tree planting, forest tending, logging and renewal, to activate the upstream and downstream forestry industries, drive the development of planting, processing, sales, and research and development, lengthen the industrial chain, and enhance the value chain.

　　At the time of mushroom stick making, the automated mushroom stick production line of Shiyan Changxin Mushroom Industry Development Co., Ltd. is running at full capacity. It can make 150,000 sticks a day, meeting the needs of 500 mushroom farmers.

With the support of the Rural Revitalization Loan, the company built a factory-style four-season mushrooming workshop, and developed Ganoderma lucidum, Ganoderma lucidum, morel mushrooms and other products suitable for Yunyang cultivation. The golden sign of Yunyang edible fungi is getting brighter and brighter.

　　"I didn't expect that using forest real estate as a pledge, seedlings and tree planting can also get loans." After receiving a 10 million yuan forestry carbon sink loan from Yunxian Rural Commercial Bank, Tu Anshun, head of Shiyan Lvxin Guangjing New Energy Company, set about Cultivate 100,000 mu of mushroom ear forest planting base and the original mushroom ear forest management and protection, while ensuring the sustainable development of the mushroom industry, it can drive more than 6,500 households to increase income by more than 16,000 yuan on average.