On September 16, Zhang Xiaohui, Dean of Wudaokou School of Finance, Tsinghua University, stated at the “Carbon Neutral Economy” Forum in Wudaokou, Tsinghua University that according to United Nations calculations, to achieve the temperature rise control targets of the Paris Agreement, the world needs a total investment of about 90%. Trillions of dollars, my country's carbon neutrality also requires a huge amount of capital investment.
According to preliminary calculations by many institutions, the investment required to realize the "dual carbon" strategy in my country is about 150 trillion to 300 trillion yuan, which means that in the future, my country will invest an average of 37,500-7.5 trillion yuan in the "dual carbon" field each year. Yuan Renminbi is equivalent to about 10% of the annual investment.
Such a large-scale green investment will undoubtedly bring new opportunities for economic growth in China and the world, but it also brings a question, where does such a huge amount of capital come from?
Zhang Xiaohui said that past empirical data shows that the proportion of green finance for carbon neutral funding will reach 90%, while the proportion of government financial support is only 10%. The development of green finance can guide social capital into the field of green environmental protection and optimize the production of the whole society. The allocation of elements plays an indispensable pillar role in providing carbon neutral funds.
(Zhong Shuang produced Sui Zhiyuan)
Editor in charge: [Yue Chuan]