Core Insights - Weihai Bank has signed a cooperation agreement with the state-owned capital operation company of Rushan City for the "Rushan Shellfish Carbon Sink Project," marking the first oyster carbon sink transaction in the province, purchasing 300 tons of CO₂ equivalent carbon credits for creating "zero-carbon" outlets [1][2] Group 1: Project Details - The "Rushan Shellfish Carbon Sink Project" is the first oyster carbon sink trading project in the province, highlighting Weihai's initiative in establishing a national green finance reform and innovation pilot zone [1] - Oysters act as "marine filters," absorbing CO₂ from seawater to form calcium carbonate shells, thus demonstrating significant carbon sink capabilities [1] Group 2: Bank's Strategic Initiatives - Weihai Bank is actively responding to the national "dual carbon" strategy, focusing on sustainable development with a core philosophy of "ecology, harmony, and win-win" [1] - The bank has implemented a systematic approach to low-carbon transformation, including a "carbon peak" work plan and initiatives like zero-carbon outlet demonstration projects and marine carbon sink trading [1] - Innovative financial products such as "green factory + CBAM-linked loans" and "carbon footprint-linked loans" have been introduced to support clean energy and emission reduction sectors, creating a virtuous cycle of "emission reduction and efficiency increase - financing cost reduction" [1] Group 3: Future Outlook - The purchase of oyster carbon credits not only aids in achieving carbon neutrality for the bank's outlets but also promotes the conversion of ecological value into economic value, reflecting the bank's commitment to green development [2] - Weihai Bank plans to continuously enhance its green financial service system, aligning with green development needs to create a comprehensive green financial solution encompassing "products - services - operations" [2]
威海银行：成功签约山东省首个牡蛎碳汇项目