Zhongxin Finance, February 12 (Reporter Peng Dawei) Liu Linan, Chief Macro Strategy Director of Deutsche Bank Group Greater China, recently published an outlook report on China's green development and green investment and financing market in 2022, analyzing policy support, green investment and financing prospects and green Key topics such as financial taxonomy.

She pointed out that China has been formulating a long-term green development strategy since September 2020 and has introduced a series of key policies.

China has also set specific timetables for implementing the ambitious goals of "carbon peaking" by 2030 and "carbon neutrality" by 2060.

These initiatives have laid a solid foundation for the broad prospects of green and ESG investment and financing.

  Liu Linan believes that China will continue to improve the dual-carbon "1+N" policy system this year, and is expected to introduce a series of policies in support of green technology and innovation, carbon emission calculation, carbon emission data reporting and monitoring, as well as fiscal, financial and pricing policies. Support safeguards.

At the same time, China will continue to adjust its industrial structure and optimize its energy structure.

Liu Linan expects that China's fiscal stimulus spending in 2022 will focus on green infrastructure investment, including clean energy, digitalization, data centers, 5G and other new infrastructure construction.

  According to the report, the market generally believes that China's demand for green financing by 2060 is expected to be between 2.5 trillion yuan and 16 trillion yuan on an annual average.

Liu Linan said that the development of green investment in 2022 will accelerate. With active policy and regulatory support, it is expected that the regulatory measures, improved structure and coverage of China's green financial market will be significantly improved this year.

  According to the report, the "Common Classification of Sustainable Finance" jointly led by the People's Bank of China and the European Commission is expected to be finalized and officially released later this year, becoming the world's first common classification of green finance markets.

Liu Linan said that this will greatly enhance the linkage of global capital in different regions and markets, especially to promote cross-border capital flows between Chinese and European markets, thereby supporting sustainable investment and financing by enterprises and institutional investors.

At the same time, this will also significantly increase the market size, liquidity and product diversity of sustainable financing in the global green bond market.