可持续金融进入关键阶段，业内建议加强跨界“翻译”

Core Insights - Sustainable finance is facing a critical turning point, serving as an important engine for achieving carbon neutrality goals and a key link for collaborative development in the Bay Area [2] - The establishment of a common language across sectors is essential for quantifying technological innovations, measuring environmental value, and assessing long-term risks in sustainable finance [4][5] Group 1: Current Developments in Sustainable Finance - As of the end of 2024, the balance of green credit in Shenzhen's banking sector has surpassed 1 trillion yuan, reaching 1,023.09 billion yuan, with a growth rate exceeding that of all loans by 17.99 percentage points [2] - The cumulative scale of green bonds issued on the Shenzhen Stock Exchange has reached 188.37 billion yuan [2] - Shenzhen plans to achieve full ESG disclosure coverage for state-owned enterprises and publicly listed companies by 2027, with a target disclosure rate of 60% for key sectors [2] Group 2: Challenges in Sustainable Finance - A significant challenge in sustainable finance is the need for a robust green finance data governance system to prevent "greenwashing" and "green drifting" risks [3][4] - The lack of reliable data hinders risk prevention and information disclosure, which is particularly urgent at the international level due to the upcoming implementation of the EU's Carbon Border Adjustment Mechanism (CBAM) [3] - Financial institutions primarily assess current profitability when making credit decisions, which misaligns with the cyclical nature of industry development, making it difficult for companies undergoing green transformation to secure financing [6] Group 3: Solutions and Initiatives - Professional institutions are working to cultivate "translators" in the sustainable finance sector to help companies communicate their green transformation achievements in a language understandable to financial institutions and stakeholders [5] - The establishment of new platforms is encouraged to facilitate effective communication between technology providers and financial backers, allowing for better integration of technical and financial languages [4]