万亿元市场可期，绿色信托凭多元创新激活双碳金融

Core Viewpoint - The green trust sector is positioned to play a crucial role in the low-carbon transformation of the trust industry, driven by the dual goals of "dual carbon" targets and high-quality transformation of the trust industry [2][5]. Group 1: Green Trust Development - The China Trust Industry Association has released the "Top Ten Green Trust Cases for 2025," showcasing diverse practices in asset services, asset management, and public welfare charity within the green development sector [2]. - Green trusts can serve as protectors of ecological conservation, supporters of rural revitalization, and enablers of industrial upgrades, indicating a broad potential for future development [2][5]. Group 2: Case Examples - In asset services, the "Solar Energy Series" household photovoltaic service trust by Foreign Trade Trust has enabled farmers to generate their own electricity and sell it, resulting in an average annual income increase of over 3,000 yuan per household, with some remote areas seeing income growth of 40% [3]. - The Shandong Guoxin CCER carbon asset income rights project has successfully mobilized trust funds to help enterprises realize carbon asset benefits, supporting expansion and environmental upgrades [4]. - The Yunnan Trust's endangered species protection charity trust has raised 470,000 yuan, focusing on habitat restoration and species protection, while also emphasizing cultural and talent development [4]. Group 3: Market Trends and Challenges - In 2024, the green trust sector is projected to see a significant increase, with 390 new projects and a total scale exceeding 300 billion yuan, driven by investments in infrastructure and energy transition [6][8]. - Despite growth, challenges such as structural imbalances and insufficient research capabilities hinder the development of green trusts, with many smaller firms struggling to participate [7]. - The introduction of the "Green Trust Guidelines" and ESG disclosure standards aims to clarify operational boundaries and improve the recognition of new green projects, providing a clearer framework for trust companies [7]. Group 4: Future Outlook - By 2025, the green trust market is expected to exceed 1.2 trillion yuan, accounting for 27% of the total trust market, with a compound annual growth rate of over 28% [8]. - The marginal profit margin for green trusts is projected to be 58%, surpassing the industry average by 17 percentage points, highlighting their potential as a key growth driver for the industry [8].