Core Viewpoint - The People's Bank of China (PBOC) is actively developing carbon accounting standards for financial institutions and revising guidelines for sustainable information disclosure to enhance the carbon market and support the country's dual carbon goals [1][2]. Group 1: Carbon Market Development - The carbon market is seen as a crucial foundation for establishing carbon pricing, which can effectively guide resource allocation [1]. - The PBOC emphasizes the importance of financial sector participation in carbon market development to enhance trading activity and improve pricing efficiency [1]. - The PBOC is committed to supporting the healthy development of the carbon market as part of its financial management responsibilities [1]. Group 2: Sustainable Financial Standards - The PBOC, in collaboration with regulatory bodies, has established a unified directory for green financial products to standardize definitions [2]. - The PBOC is leading the development of transformation financial standards for key industries and encouraging pilot projects to support low-carbon transitions in high-emission sectors [2]. - A multilateral sustainable finance classification directory has been jointly released by China, the EU, and Singapore to promote cross-border green finance [2]. Group 3: Financial Institutions and Green Products - The PBOC is enhancing green finance statistics and evaluations for financial institutions, creating tools to support carbon reduction [3]. - In Shanghai, pilot projects are underway to expand carbon reduction support tools, focusing on clean energy and environmental protection [3]. - As of the second quarter of this year, over 1.38 trillion yuan in carbon reduction loans have been issued, with the national green loan balance reaching 42.4 trillion yuan and green bond balance exceeding 2.2 trillion yuan, positioning China as a global leader in these metrics [3]. Group 4: Climate Risk Assessment - The PBOC has conducted climate-related financial risk assessments and stress tests for 24 banks and certain industries to inform macro-prudential policies [3]. - Accurate carbon pricing is deemed essential for optimizing risk scenario designs and better assessing climate-related risks [3]. Group 5: Future Outlook - The PBOC aims to continuously improve the green financial system and support the carbon market's healthy development through market-oriented measures, contributing to the dual carbon goals and the construction of a beautiful China [3].
央行副行长陆磊:强化金融机构碳核算并披露可持续信息要求
2 1 Shi Ji Jing Ji Bao Dao·2025-09-24 10:35