Current location:opinions >>
China to step up financial support for green development
opinions89People have gathered around
IntroductionChinese authorities have issued guidelines to strengthen the financial support for green and low-car ...
Chinese authorities have issued guidelines to strengthen the financial support for green and low-carbon development.
According to the document jointly released by several government departments including the People's Bank of China (PBOC), the country will basically build a world-leading financial support system for green development in the next five years and make policies more coordinated, effective and mature by 2035, with better resource allocation, risk management and market pricing.
China will formulate and introduce unified carbon accounting standards for financial institutions, and promote institutions and financing entities to make environmental information disclosure.
Efforts will be made to gradually expand the scope of trading entities suitable for the development of China's carbon market, increase credit support for green development and low-carbon transformation in energy, industry, transportation, construction and other fields, and support eligible enterprises to list at home and abroad for financing or refinancing.
The guidelines also put forward measures to improve laws and regulations, enhance green finance assessment and evaluation mechanisms, enrich relevant monetary policy tools, and deepen regional reform of green finance.
The PBOC said work will be done to incorporate climate change-related risks into the macro-prudential policy framework, and to encourage financial institutions to accordingly improve their risk-control systems and corporate governance frameworks.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Groove news portal”。http://martinique.havadist.com/news-94b999824.html
Related articles
Chelsea Gray signs extension with 2
opinionsHENDERSON, Nev. (AP) — Point guard Chelsea Gray signed a contract extension through 2025 to remain w ...
【opinions】
Read morePalace Museum 'meets' Palace of Versailles
opinions(Ecns.cn) 13:30, April 02, 2024Artifacts are on show at the Palace Museum during the exhibition "The ...
【opinions】
Read moreAlicia Keys is on fire in a stunning gold dress alongside husband Swizz Beatz as they joins A
opinionsAlicia Keys and her husband Swizz Beatz made jaws drop while they attended the 10th Annual Breakthro ...
【opinions】
Read more
Popular articles
Latest articles
Kazakhstan arrests ex
Soldiers engage in reconnaissance training
Nobel winner cherishes hometown memories
Blinken assures US support of Black Sea allies as Ukraine urges military aid during conference
Namestnikov and Dillon out for Game 5 against Avs due to injuries as Jets face playoff elimination
Sports events in Shanghai generates $516M in consumption
LINKS
- Seager's RBI groundout and Taveras RBI single lead the Rangers over the Tigers 9
- Punjab Kings run out of steam as Mumbai Indians win by 9 runs
- First major attempts to regulate AI face headwinds from all sides
- Kelly Clarkson, 41, rocks a little black dress highlighting her 40
- Google fires 28 employees after protest against cloud contract with Israel
- Channel 4 axe raunchy panel show as they make way for wild boundary
- AP Week in Pictures: North America
- The Dallas Stars have a big age gap with players who have come together for No. 1 seed in the West
- UConn forward Alex Karaban declares for NBA draft while retaining college eligibility
- AP Week in Pictures: North America