Core Viewpoint - The article discusses the issuance of the "Green Finance Support Project Directory (2025 Edition)" by the People's Bank of China, the Financial Regulatory Administration, and the China Securities Regulatory Commission, aimed at enhancing the liquidity of the green finance market and improving the efficiency of green asset management [1][2]. Summary by Sections Introduction - The issuance aligns with the spirit of the 20th National Congress of the Communist Party of China and aims to support the comprehensive green transformation of the economy and society [2]. Objectives - The directory is designed to unify various green financial products, thereby enhancing market liquidity, asset management efficiency, and reducing identification costs [1][2]. Implementation Guidelines - Relevant units are encouraged to develop and implement supportive policies based on the directory, focusing on environmental improvement, climate change response, and efficient resource utilization [3][4]. Historical Standards - The directory will ensure continuity with historical standards for green loans and bonds, allowing existing projects to adhere to previous criteria if they were approved before the new directory's release [3][4]. Future Adjustments - The People's Bank of China and other regulatory bodies will adjust the directory as needed based on ecological civilization tasks, carbon neutrality goals, and the development of the domestic green finance market [4]. Effective Date - The "Green Finance Support Project Directory (2025 Edition)" will take effect on October 1, 2025 [5].
央行、证监会重磅发布!
证券时报·2025-07-14 12:25