Core Insights - The event "Circular Cup × Large Events: New Track for Green Economy" highlighted the importance of green transformation in sports events, emphasizing that single-use products lead to resource waste and that promoting circular cups aligns with national carbon neutrality strategies and plastic pollution control policies [1] - The circular cup model enhances the green image of events while fostering the development of supporting industries such as recycling, cleaning, and logistics, creating a sustainable development closed loop [1] Industry Perspectives - The founder of the West Lake Mountain Running Race noted that China's large-scale production capabilities are unique, but mass production of single-use items results in waste and environmental harm. The rapid iteration across various industries in China necessitates consideration of commercial viability for circular cup initiatives, factoring in environmental costs and the benefits of eco-friendly marketing [1] - A partner from the "Nolu Environmental Protection" project stated that the future application and environmental impact of circular cups are promising, with the key to their return rate being the selection of suitable event scenarios, such as closed venues and music festivals, where audiences may be more cooperative [1] - The co-founder of ReCube Limited mentioned that cost is a significant consideration for event organizers or venues when implementing circular cups, as using them incurs additional cleaning and logistics costs compared to single-use cups. The goal is to reduce costs through scaling, ensuring they do not exceed those of single-use items significantly, although smaller events may still face challenges [1] Consumer Insights - A project manager from the "Break Free from Plastic" initiative shared that a 2025 survey revealed that 76% of respondents are willing to try circular cups for environmental reasons. However, concerns about cleanliness and hygiene remain the primary hesitation among those unwilling to adopt circular cups [1]

零碳楼的绿色建材覆盖率超70%，通过三大健康系统，为员工带来"四季如春"的办公体验。装配式声学 超构隔墙，既解决传统建筑"隔音差"的痛点，又大幅提升模块化安装效率和材料复用回收率；智慧"五 恒"空调系统，将温湿度调控精度提升50%，实现"恒温、恒湿、恒氧、恒静、恒智"五重享受；空中花 园引入雾森智能系统与精准灌溉技术，每10分钟将土壤湿度、光照强度等数据上传至云端，让科技与自 然深度融合。 基于BIM（建筑信息模型）技术自主研发的"睿瓴云"能源管控平台，是零碳楼适配绿色智慧化要求的核 心，拥有"发、储、用、管、算"一体化的数据闭环。在运维阶段，该平台实时监测发电、储能、用能数 据，精准预测用电高峰，确保"用能成本最优+绿电收益最大化"。目前，"睿瓴云"已在北京大兴国际机 场东航基地、东航上海虹桥维修基地、上海浦东国际机场四期扩建工程等项目中落地应用，覆盖工程建 设、机库运维与能源管理多元场景。其中，浦东四期机库的光储充新能源设施建设项目可铺设光伏面积 达68481平方米，25年平均年发电量约588.99万千瓦时，配置储能系统可进行光伏余电存储与用电峰谷 智能调配，最大程度提升绿电就地消纳水平。 《中国民航报》 ...

Key Points - Marco Polo has filed a prospectus to issue new shares and list on the Shenzhen Stock Exchange, attracting significant market attention as a well-known building materials company [1][10] - The new share issuance is seen as an important financing channel and a strategic development milestone for the company [1] Group 1: Key Information from the Prospectus - Marco Polo plans to raise funds primarily for capacity expansion, product structure optimization, and working capital supplementation [3] - The exact scale of the issuance has not been finalized, but it is expected to be a highlight in the Shenzhen market if successfully executed [4] Group 2: Industry Background - The building materials industry is closely linked to macroeconomic conditions and the real estate market, exhibiting significant cyclicality [5] - Recent strict regulations in the domestic real estate market have slowed industry growth, posing challenges for traditional building materials companies [5] - However, new market opportunities are emerging, and Marco Polo could leverage capital market resources for transformation and upgrade, potentially gaining a competitive edge [5] Group 3: Use of Raised Funds and Strategic Direction - The funds raised will focus on several key areas, indicating a shift from traditional building materials to a "green + intelligent + branding" approach [6] - Specific initiatives include expanding production capacity with smart production lines, increasing R&D in green building materials, optimizing channel layouts, and enhancing liquidity for daily operations [8] Group 4: Impact on Market and Investors - The listing will provide Marco Polo with a broader financing platform, helping to lower capital costs and optimize capital structure while enhancing brand credibility [8] - If successful in the capital market, Marco Polo could set a precedent for the domestic building materials industry, potentially increasing industry concentration [8] - Investors are particularly focused on the sustainability of the company's profit model, industry cyclicality risks, and the reasonableness of new share pricing [8] Group 5: Future Outlook - Marco Polo has a strong foundation in the tile and building materials sector, and if it can capitalize on the listing opportunity for product innovation and channel upgrades, its growth potential remains promising [9] - Accelerating efforts in green building materials, smart manufacturing, and international market expansion could further enhance market share and profitability [9]

中新网崇礼9月25日电由中国能源研究会主办的第二届国际能源可持续发展(ESG)论坛24日在崇礼举 办。 本届论坛由中国能源研究会主办，中国能源研究会能源金融与法律分会、北京万家绿色信用评级有限公 司承办，上海电力大学、上海电力大学能源电力发展战略研究中心协办，来自能源领域的120多位专家 和代表参加了本次会议。 中国欧盟协会副会长宋敬武在致辞中指出，中国与欧盟作为世界上两大重要经济体、两大文明的重要捍 卫者、巴黎协定的重要参与者，对于人类未来有着相似的愿景和共同的责任。在全球气候变化加剧、生 物多样性丧失、环境日趋污染等严峻形势下，可持续发展已不再是选择题，而是必答题，是人类未来可 持续发展的必由之路，是中欧共同的责任与机遇。 论坛还发布了《"一带一路"国家能源电力发展报告(2025)》《电力行业ESG体系建设研究》《新能源参 与市场系列研究：体现新能源多维价值的市场体系》《2025中国能源上市公司可持续发展(ESG)评价报 告》等一系列专题报告。在《2025中国能源上市公司可持续发展(ESG)评价报告》中，长江电力、南网 储能、新奥能源、阳光电源、三星医疗电气、昆仑能源、佛燃能源、北京能源国际、金盘科技、中 ...

金融与实体经济发展共荣共生，服务实体经济是金融的天职和宗旨。公募基金管理机构作为专业机构投资者，在服务国家战略、实体经济，助力产业转型 等方面积极发挥作用。 当前，全球范围内新一轮技术革命和科技竞争已进一步深化，新技术从实验室到落地应用，再到产业集群化，均离不开资金的支持。科技金融将更多金融 资源引导到科技领域，助力以科技创新引领现代化产业创新，促进新质生产力发展，努力形成"科技—产业—金融"良性循环。 作为公募行业千亿俱乐部中的一员，中加基金加力赋能新质生产力发展，围绕新质生产力的核心方向，在经济结构转型和科技创新时代背景下，构建了清 晰的产品线，努力打造"专精特新第一基金"，全力支持科技型企业发展。 中加基金的科技产品线中的基金投资方向各有不同。譬如，中加专精特新量化选股（A类份额021990、C类份额021991）专注于工业和信息化部公示的专 精特新"小巨人"上市企业，以"AI+大数据量化模型"为核心驱动，系统性捕捉投资机会；中加科技创新（A类份额020661、C类份额020662）聚焦人工智 能、半导体、云计算等前沿科技，深度布局具备长期成长潜力的龙头企业；中加核心智造（A类份额009242、C类份额 ...

中国电力企业联合会党委书记、常务副理事长杨昆在欢迎辞中指出，电力行业以"四个革命、一个合 作"能源安全新战略为指引，加快推进新型电力系统建设，能源结构持续优化，标志性工程和创新成果 不断涌现，极大地促进了经济社会清洁低碳转型。加快构建新型电力系统，需要各方深入合作、共谋共 策，持续推进理论创新和实践探索，不断为能源电力高质量发展贡献力量。希望以此次论坛为契机，深 入交流、携手创新、互惠共赢，为加快构建新型电力系统、共建清洁美丽世界作出新的更大贡献。 在本次论坛上，中国电力企业联合会发布了"电力装备产品碳足迹认证""零碳园区认证""2024年中国电 力碳足迹因子研究""电力碳足迹标准""电网工程建设碳排放指标"等成果，集中展示了中国电力企业联 合会坚定贯彻国家"双碳"战略、统筹引领电力行业碳足迹管理体系建设取得的一批最新实践成果，体现 了我国能源电力行业企业在服务"双碳"目标、推动绿色低碳转型发展等方面取得的积极成效。 9月23日，由中国电力企业联合会主办的2025新型电力系统发展（崇礼）论坛在河北崇礼成功举办。本 次论坛以"绿色发展 共创未来"为主题。 全国政协副主席、民革中央常务副主席何报翔出席论坛并指出， ...

登录新浪财经APP 搜索【信披】查看更多考评等级 绿色REITs的影响远不止于为单个项目提供融资支持，其在于对行业产生的示范效应和对整个绿色金融 生态体系的构建作用。 绿色REITs的出现为绿色基础设施的建设与运营提供了全新的融资模式和盘活路径。原始权益人将净回 收资金用于风电、光伏电站的再投资，形成存量带动增量的滚动发展模式和良性投资循环。 专题：北京公募基金高质量发展系列活动 新时代、新基金、新价值 编者按：近期，在北京证监局指导下，北京证券业协会携手行业机构共同启动"北京公募基金高质量发 展系列活动"。中航基金作为绿色金融领域的积极践行者，始终坚持以创新驱动发展，深度参与公募 REITs市场建设，积极响应国家"双碳"战略。本文立足中航基金在绿色REITs领域的实践与思考，系统梳 理公募REITs在盘活绿色资产、嵌入ESG理念、构建市场生态等方面的重要价值，探讨如何以金融创新 助力绿色基础设施高质量发展，为投资者与社会带来长期可持续回报。 在"双碳"目标引领下，绿色转型已成为中国经济高质量发展的核心命题，基础设施不动产投资信托基金 （REITs）凭借其盘活存量资产、优化资源配置的独特功能，正成为服务绿色基 ...

Core Viewpoint - The construction of the Qilin Expressway demonstrates a commitment to the national "dual carbon" strategy and the concept of "green mountains and clear waters are as valuable as mountains of gold and silver" by utilizing modified titanium gypsum waste as a roadbed material, thus promoting sustainable development and resource recycling [1][2]. Group 1: Project Overview - The Qilin Expressway, approximately 57.1 kilometers long, connects key towns in western Shandong and serves as an important transportation link between the western Shandong region and the provincial capital economic circle [1]. - The project addresses the challenges of material shortages for roadbed filling and the disposal of industrial solid waste by converting accumulated titanium gypsum waste from local titanium dioxide production into qualified roadbed filling material [1][2]. Group 2: Environmental Impact - Traditional roadbed construction methods require extensive extraction of natural soil and stone materials, which can lead to ecological damage and increased carbon emissions due to long-distance transportation [2]. - The project utilizes a mature and reliable technology for using titanium gypsum waste, which has been validated in multiple scenarios within the province, offering a cost-effective alternative to traditional filling materials [2]. Group 3: Technical Innovations - To ensure the safety and stability of the roadbed using industrial waste, a dedicated team developed a specialized curing agent and established standardized mixing processes, overcoming previous limitations of titanium gypsum [5]. - The modified titanium gypsum mixture exhibits superior performance in load-bearing capacity, water stability, and resistance to shrinkage and cracking compared to traditional materials, fully complying with high-grade highway design standards [5]. Group 4: Replicable Solutions - The Qilin Expressway project exemplifies a shift from traditional resource extraction to waste recycling, promoting a green ecological concept in highway construction [6]. - Each kilometer of the titanium gypsum roadbed reflects the spirit of "resource recycling," providing a replicable and scalable technical model for similar projects across the country [6][8].

作者：于孝建，华南理工大学经济与金融学院金融学系副教授，华南理工大学金融工程研究中心副主 任，大湾区数智金融与风险管理研究基地执行主任 洪雪玲，华南理工大学经济与金融学院 在"双碳"战略目标提出后，如何通过金融创新推动高碳企业转型成为学界与业界的共同关切。可持续发 展挂钩债券（SLB）自2021年在我国推出以来，被定位为填补绿色债券覆盖不足的重要工具，尤其是为 钢铁、水泥、煤电等传统行业提供低碳转型融资支持。然而，SLB的真正价值并非在于融资规模的扩 展，而在于其是否能够通过制度化的要素设计，倒逼企业做出实质性的转型承诺并切实执行。当前，学 界与市场均对这一工具存在疑问：其设计是否足够科学？能否有效约束机会主义行为？是否可能在实践 中异化为形式化合规的"漂绿"产品？围绕这些问题展开研究，有助于厘清SLB的政策功能与市场边界。 一、核心要素的制度逻辑 但与此同时，市场发展也暴露出一些值得关注的问题：KPI未紧密联系碳排放目标，部分SPT设定仍缺 乏进取性，债券特性的灵活性与约束力有待增强，信息披露覆盖范围仍需拓展，第三方验证市场尚处在 成长阶段。这些问题并非削弱了SLB的价值，而是凸显了未来制度建设中亟待完善的 ...

Company Overview - Zhejiang Anji Zhidian Holdings Co., Ltd. (NASDAQ: NAAS), known as Nengchain Zhidian, is a leading provider of new energy asset operation solutions based in Anji, Zhejiang, which is the birthplace of the "Green Mountains and Clear Water are Invaluable Assets" philosophy [2] - The company utilizes self-developed AI algorithms to analyze charging demand and station resource allocation, achieving precise and intelligent matching of charging supply and demand [2] - Nengchain Zhidian aims to provide a one-stop service for electric vehicle owners, enhancing the charging experience while offering operational optimization solutions for charging stations and operators to improve efficiency and profitability [2] Vision and ESG Commitment - The company's vision is to "enable everyone to use green energy," focusing on enhancing the stability and efficiency of the global transportation energy network [2] - Nengchain Zhidian actively practices ESG principles, contributing to the national "dual carbon" goals while continuously releasing social value, with a target of achieving a carbon reduction of 3.22 million tons from electric vehicle charging by 2024 [2] Carbon Account Initiative - In 2022, Nengchain Zhidian launched a carbon account feature for electric vehicle owners, surpassing 1 million users by December 2024 [3] - This carbon account mechanism aims to systematically address structural contradictions in climate change governance by creating a closed-loop system that quantifies behavior, transforms value, circulates in the market, and feeds back into revenue [3] - According to the company's methodology, charging an electric vehicle can effectively reduce carbon emissions by 0.5 kg to 0.8 kg per kilowatt-hour, with carbon credits generated at a 1:1 ratio for users [3] Collaboration with Local Governments - Nengchain Zhidian has integrated with multiple carbon benefit service platforms led by local governments, expanding the coverage of new energy charging services and engaging the public in carbon reduction activities [4] - In December 2024, the company completed the first carbon benefit emission reduction issuance in the domestic electric vehicle charging service industry in Wuhan, with a total of 1,962 tons of carbon reduction certified [4] - This certification marks a significant step in the trading and monetization of carbon reduction from electric vehicle charging, showcasing a replicable model for green low-carbon transformation in the transportation energy sector [4]