Core Viewpoint - The People's Bank of China (PBOC) is focusing on supporting the green transition and the development of private enterprises in Tangshan, a resource-based industrial city, by promoting the effective integration of green finance and transition finance [1][3]. Group 1: Transition Finance - Transition finance is aimed at supporting high-carbon industries in their low-carbon transformation, contrasting with green finance which primarily serves "pure green" economic activities [3]. - The PBOC is actively researching standards for transition finance, initially covering four sectors: coal power, steel, construction materials, and agriculture, with plans to establish a clear support framework and disclosure requirements for transition plans [3][5]. Group 2: Financial Support Strategies - The PBOC will leverage policy tools to guide credit allocation towards green transition projects, prioritizing discount policies for green industry and carbon reduction enterprises [5]. - There is an emphasis on exploring innovative financial products and services tailored for high-emission industries, encouraging financial institutions to support quality enterprises in their technological upgrades and energy-saving initiatives [5]. - The PBOC aims to facilitate connections between banks and enterprises to address financing challenges faced by high-carbon industries in their transition efforts, implementing a tailored approach for each enterprise [5][6]. Group 3: Future Directions - The PBOC in Tangshan plans to focus on the city's green transition tasks, utilizing the "green finance reform and innovation pilot zone" to guide financial institutions in achieving green development and the dual carbon goals [6].
人民银行唐山市分行王宁:立足实际 统筹推进绿色金融与转型金融的协同发展
Xin Hua Wang·2025-08-12 06:14