“两山”转化 绿富共兴

Core Viewpoint - Zhejiang has taken on the mission of advancing ecological civilization construction, leveraging the "Two Mountains" concept to balance economic development and ecological protection, achieving significant results in green finance [1][2]. Group 1: Green Finance Development - Green finance is a crucial tool for transforming ecological benefits into economic gains, with Zhejiang initiating a provincial-level green finance reform pilot in 2014 and a national-level pilot in 2017 [2]. - The financial sector in Zhejiang has implemented various policies and measures to support green finance, resulting in a green loan balance of 4.43 trillion yuan, accounting for 17.5% of total loans as of Q2 2023 [3]. Group 2: Policy and Standards - Zhejiang has introduced 20 key measures to enhance green finance, focusing on total support and capacity building [3]. - The region has established a robust standard system for green finance, with over 30 local norms published, and has developed 13 group standards, leading the nation in quantity [3][4]. Group 3: Digitalization and Collaboration - Digital platforms have been created to facilitate precise matching of green investment and financing, including a carbon information sharing mechanism [4]. - Zhejiang encourages international collaboration to enhance green finance capabilities, exemplified by the establishment of a green finance research institute in Huzhou [4]. Group 4: Transition Finance - Transition finance is essential for supporting high-carbon industries in their low-carbon transformation, with Zhejiang focusing on developing standards and pilot projects [5][6]. - The region has issued guidance for transition finance in the textile industry, with 6.55 billion yuan in transition loans already disbursed [6]. Group 5: Sustainable Information Disclosure - Zhejiang has achieved full coverage of sustainable information disclosure among financial institutions, with 86.9% of banks conducting quantitative disclosures by the end of 2024 [7][8]. - The province has developed a digital module for sustainable information disclosure, streamlining the reporting process for financial institutions [7]. Group 6: Future Plans - The People's Bank of China Zhejiang branch plans to enhance green finance support through monetary policy tools, aiming for steady growth in green loans [9][10]. - Future initiatives will focus on expanding transition finance in key industries and improving the capacity for sustainable information disclosure [10][11].