Core Viewpoint - The recent joint announcement by the People's Bank of China, the Financial Regulatory Administration, and the National Forestry and Grassland Administration aims to enhance financial support for the forestry sector, addressing long-standing issues of financing difficulties and costs, thereby facilitating the transformation of ecological product value into economic benefits [1][2]. Group 1: Financial Support Measures - The announcement includes 15 specific measures to inject financial resources into the forestry sector, making the path from "green mountains and clear waters" to "golden mountains and silver mountains" clearer and more feasible [1]. - Financial institutions are encouraged to consider the ecological value of forests, such as carbon absorption, rather than just physical assets for collateral [1][2]. - The introduction of carbon credit insurance for forestry management in areas prone to soil erosion, providing 13 million yuan in risk coverage for 389,000 acres, exemplifies innovative financial solutions [1]. Group 2: Policy Framework and Implementation - The policy aims to broaden the scope of collateral for loans, including young timber, bamboo, fruit trees, and other forestry products, thus encouraging more investment in forestry [2]. - It promotes the development of under-forest economies, focusing on industries such as forest mushrooms, medicinal plants, and forest tourism, to provide tailored credit services [2]. - The policy emphasizes the need for a robust supporting framework and management to ensure that "green assets" can be effectively converted into tangible economic benefits [2]. Group 3: Long-term Vision - The initiative is expected to activate dormant assets in the forestry sector, transforming ecological wealth into economic and social benefits for households [3]. - A virtuous cycle is anticipated where increased forestry investment leads to better environmental conditions, which in turn motivates further investment in forestry [2][3].
人民财评:让“绿色资产”变成“真金白银”
Ren Min Wang·2025-08-27 01:08