Sou Hu Cai Jing·2025-06-20 02:15Core Viewpoint - China has developed into a major player in green finance, becoming one of the most vibrant green finance markets globally, driven by a dual empowerment of policy frameworks and market practices [1] Group 1: Green Finance Development - The Bank of Communications has contributed to the improvement of standards and innovation of products in green finance, including leading the development of national financial standards for the water transport industry's transformation [1] - The bank has introduced innovative financial products such as "carbon intensity + ESG" to support transformation and has measured carbon emissions for high-carbon industry clients for four consecutive years [1] Group 2: Future Directions - To achieve high-quality service for the "dual carbon" goals, there is a need to enhance policy standards, suggesting the prompt establishment of national transformation financial standards that cover key high-carbon industries [1] - The bank emphasizes the importance of product innovation, advocating for the expansion of financial institutions participating in the carbon market and the diversification of carbon financial products like futures and options [1][2] - There is a call to accelerate infrastructure development, improve corporate information disclosure quality, enhance carbon accounting capabilities, and manage carbon footprints to support product innovation while mitigating "greenwashing" risks [2]