央行：将拓展碳减排支持工具支持领域｜绿色金融周报

Key Points Summary Group 1: Central Bank Initiatives - The People's Bank of China plans to expand the carbon reduction support tool to include more projects with carbon reduction effects, such as energy-saving renovations and green upgrades [1] - The carbon reduction support tool will operate quarterly, providing one-year re-lending funds with an annual operation volume not exceeding 800 billion yuan [1] - This expansion signals a shift in monetary policy support from solely clean energy projects to a broader range of systemic transformation activities [1] Group 2: ESG Standards Implementation - The first national ESG evaluation standard in China's financial sector, titled "Bond Issuer Environmental, Social, and Governance Evaluation Framework," has been officially released and will be implemented on April 1 [2] - This standard aims to support the national green development strategy and guide the precise allocation of financial resources, enhancing the quality of the bond market [2] - The framework includes a three-tier system covering 11 evaluation dimensions and 33 evaluation topics, providing a standardized guide for ESG evaluations [2] Group 3: Local Financial Standards - Guangdong has released three group standards for pledge loans related to public welfare forest compensation rights, small hydropower water rights, and ecological carbon sink expected income rights [3] - These standards provide operational guidelines for financial institutions and financing entities, promoting a long-term mechanism for ecological protection through green finance [3] - The introduction of these standards fills a regulatory gap in ecological rights pledge financing in Guangdong and offers a reference for replicable green finance models nationwide [3] Group 4: Carbon Market Performance - Last week, the national carbon market saw a maximum price of 83.40 yuan/ton and a minimum price of 72.50 yuan, with a closing price increase of 3.34% from the previous week [4] - The total transaction volume for carbon emission allowances reached 2,959,630 tons, with a total transaction value of approximately 199 million yuan [4] Group 5: Innovative Financing Solutions - The first biodiversity-linked loan in Chongqing was issued by Industrial Bank, amounting to 293 million yuan, aimed at supporting the sustainable protection of the Dazu Rock Carvings [5] - This loan product innovatively links the interest rate to ecological indicators such as vegetation coverage and the number of protected trees, promoting both cultural heritage protection and ecological restoration [5] - Additionally, a 200 million yuan loan was provided to Zhejiang Shenghua Yunfeng New Materials Co., marking China's first biodiversity loan adopting the TNFD methodology, supporting biodiversity protection and sustainable forestry [5][6]