Core Viewpoint - The article emphasizes the importance of green development in China's economic and social transformation, highlighting the need for a dual drive of technology and policy to establish a new energy system and enhance global green competitiveness [2][3]. Policy Updates - The 20th Central Committee's Fourth Plenary Session outlines three accelerations for green development: accelerating the comprehensive green transformation of economic and social development, building a new energy system, and forming a green production and lifestyle [2]. - The fifth batch of CCER methodologies has been released, covering 16 categories of greenhouse gas voluntary reduction projects, with existing methodologies covering 8 categories, indicating significant progress [2]. - A new renewable energy consumption plan emphasizes minimum consumption targets for non-electric fields such as heating and hydrogen production, with green electricity direct connection and green certificate trading as key consumption methods [2]. Industry Insights - China's renewable energy installed capacity has increased by 86%, reflecting a commitment to ecological priority and high-quality green development [4]. - The green industry is projected to grow by 5 trillion yuan over the next five years, presenting both challenges and opportunities for low-carbon transformation [4]. - The contribution of clean energy investment to China's economic growth is steadily increasing, playing a crucial role in promoting technological innovation, investment, consumption, and trade [5]. - Over half of A-share fertilizer companies lack ESG disclosures, highlighting the need for dual approaches in agricultural non-carbon reduction [5]. - Approximately 11% of overseas green bonds are denominated in RMB, indicating a growing market for green bonds driven by policy and demand [5]. ESG Developments - A study on ESG evaluation covering 379 state-owned enterprises shows a disclosure rate significantly higher than the overall A-share market, indicating a trend towards greater transparency [6]. - The Guangdong region is leveraging nuclear power to drive green transformation, with a focus on filling gaps in nuclear power distribution [6]. - The upcoming Green Energy Development Conference in Yichang aims to promote the region as a strategic hub for green development [6]. Carbon Market Insights - The carbon market is expected to transition to a "paid allocation + total control" model, with early adopters in certain industries potentially benefiting from this approach [7]. - The trend of replacing traditional energy with solar and wind energy remains strong, although it has not yet reached a stage of large-scale replacement of fossil fuel power generation [7]. - The core of China's energy system transformation is to accelerate the shift from fossil to non-fossil energy, optimizing the energy mix to support carbon peak and neutrality goals [7].
《洞见ESG》10月刊 ：四中全会定调绿色发展
21世纪经济报道·2025-10-28 05:15