碳减排支持工具将扩容 绿色转型迈上新台阶

Core Viewpoint - The People's Bank of China announced eight significant financial opening measures, including the expansion of the carbon reduction support tool, which aims to enhance green finance and support the country's dual carbon goals [1][3]. Group 1: Carbon Reduction Support Tool - The carbon reduction support tool was established in 2021 and targets 21 national financial institutions, focusing on clean energy, energy conservation, and carbon reduction technologies [1]. - The implementation period of the carbon reduction support tool has been extended to the end of 2027, as per the guidelines issued by the Central Committee of the Communist Party of China and the State Council [1]. Group 2: Challenges Faced - There are multiple challenges in the implementation of the carbon reduction support tool, including a lack of unified standards for green project recognition, which complicates verification and measurement of carbon reduction [2]. - The tool's coverage is limited, failing to support key areas needed for achieving carbon peak goals, and financial institutions are cautious in their operations, leading to limited scale [2]. - There is a need for improved risk compensation and incentive mechanisms, as some financial institutions show low enthusiasm for participation [2]. - Regional disparities exist, with the supply capacity of green projects in central and western regions being lower than that in eastern regions [2]. Group 3: Future Prospects - The expansion of the carbon reduction support tool signifies a deepening reform phase for green structural tools, potentially leading to innovations in supported areas, financial products, and accompanying policy mechanisms [3]. - Shanghai's role as a testing ground for these policies reflects a combination of policy testability and institutional leadership, with plans to explore diverse green financial tool designs [3]. - The global landscape of green finance is entering a phase of both competition and cooperation, and through structural monetary policy, China can enhance its climate financial governance capabilities [3].