发挥绿色金融作用 助力经济社会发展全面绿色转型——《金融时报》访中国人民银行研究局负责人
Jin Rong Shi Bao·2025-10-20 08:37

Core Insights - The People's Bank of China (PBOC) has implemented a series of practical measures to promote high-quality development of green finance during the 14th Five-Year Plan period, establishing a comprehensive framework for standards, tools, cooperation, and effectiveness [1] Group 1: Green Finance Standards - A multi-field standard system is gradually being established, with 1 national standard, 9 industry standards, and over 30 green finance standards under research. The first national green finance standard, "Green Finance Terminology," is set to be published by 2025 [2] - The green finance support project directory has expanded the scope of green finance to include trade and consumption, achieving full-chain coverage from production to consumption [2] Group 2: Transition Finance Standards - Transition finance standards have made significant breakthroughs, with the PBOC prioritizing support for advanced technologies and significant carbon reduction benefits. Transition finance standards for steel, coal power, building materials, and agriculture have been piloted in over 20 provinces, with approximately 67 billion yuan in transition loans issued by August 2025 [3] - The second batch of transition finance standards for metallurgy, petrochemicals, and other industries is being developed, with local standards and enterprise transition planning manuals being created to support regional green finance [3] Group 3: Biodiversity and Blue Finance Standards - A biodiversity finance and blue finance standard system is being gradually established, with over 20 provinces piloting biodiversity finance directories to promote a "nature-benefiting" transition [4] - Blue finance standards are under development and will be piloted in coastal areas [4] Group 4: Green Finance Tools - The demand for green finance has increased, leading to the development of a diverse range of green financial products. The PBOC has utilized structural monetary policy tools to provide low-cost funding for carbon reduction projects, with over 1.38 trillion yuan in carbon reduction loans issued by mid-2025 [5] - The green loan balance is approximately 42.39 trillion yuan, and the green bond balance exceeds 2.2 trillion yuan, positioning China among the top globally in these areas [6] Group 5: Risk Management - The PBOC has conducted climate risk stress tests and assessments to enhance financial institutions' risk management capabilities, ensuring the stability of the green finance market [7] Group 6: International Cooperation - China has taken a leading role in the G20 sustainable finance working group, producing key documents such as the G20 Sustainable Finance Roadmap and the G20 Transition Finance Framework [8] - The PBOC has actively promoted the alignment of green finance standards with international standards and participated in multilateral cooperation platforms to facilitate cross-border capital flow into green sectors [9] - Ongoing bilateral cooperation in green finance with countries like the UK, Singapore, and Australia is being implemented, along with sustainable investment capacity-building initiatives in emerging economies [9]