循“碳”渐进：转型金融校准高碳行业减排路径

Group 1 - The article emphasizes the urgent need for high-carbon industries to transition towards low-carbon practices due to increasing climate risks and regulatory pressures, particularly in light of global agreements like the Paris Accord and China's carbon neutrality goals [1][2] - High-carbon industries are significant contributors to greenhouse gas emissions and face mounting compliance and cost pressures in international markets, necessitating technological upgrades and process improvements to enhance competitiveness [2][3] - The transition is capital-intensive, with projected funding needs of approximately 25.2 trillion yuan (around 3.5 trillion USD) from 2024 to 2030 and about 243 trillion yuan (around 34 trillion USD) from 2031 to 2060, highlighting the financial challenges these industries face [3] Group 2 - Transition finance is proposed as a crucial complement to green finance, aimed at supporting high-carbon industries that are committed to transitioning, thereby facilitating a gradual and orderly shift towards lower emissions [4][5] - The calibration mechanism of transition finance is essential to prevent greenwashing and ensure that genuine transition efforts are not excluded from financing opportunities, emphasizing the need for clear boundaries and measurable goals [5] - China's central bank is initiating research on transition finance to create a framework that aligns domestic practices with international standards, focusing on quantifiable standards, innovative financial products, and enhanced information disclosure [6][7] Group 3 - Jiangsu province is piloting a "1+N+N" transition finance support system, which includes evaluation standards for financing entities and a directory of supported economic activities, aimed at facilitating the green transition of traditional high-carbon industries [7] - The system involves dynamic management and regular verification of carbon emissions and reduction performance, ensuring that financial resources are effectively allocated to projects that meet established criteria [7] - The article concludes that a systematic approach involving policy, market, and technology collaboration is necessary for the successful transition of high-carbon industries, with a focus on creating verifiable progress in emissions reduction [8]