明珠湾气候投融资大会的展区现场，一批创新科技产品吸引了不少参会人员的注意。 应对气候变化是一项紧迫而长期的任务，如何更好地推动气候科技发展，营造可持续发展新生态？近 日，第三届明珠湾气候投融资大会在广州南沙举行，南都N视频记者从会上获悉，近年来广州以建设全 国首批绿色金融改革创新试验区，国家碳达峰试点城市为契机，围绕降碳、减污、扩绿、增长，积极引 入金融活水，浇灌绿水青山，提高经济社会发展的含金量和含绿量。截至今年10月，广州市绿色贷款余 额达1.6万亿元，累计发行各类绿色债券2591亿元。 有专家指出，现阶段发展绿色金融还面临碳效益量化和风险评估两大痛点。南沙作为国家首批气候投融 资试点，具备解决痛点问题的基础，建议由政府牵头，联合金融机构、绿色转型企业和研究型大学共同 发力，同时发挥"协同港澳"的优势，参考借鉴香港在绿色金融方面的先进做法和国际化经验，助力实体 经济的绿色转型。 投融资创新产品"批量"落地 企业：以南沙为桥梁走向世界 本次大会深入探讨了在全球协同背景下绿色金融与气候投融资的双向赋能，并进行粤港澳大湾区气候投 融资标准互认合作签约，未来将进一步推动粤港澳三地在气候投融资标准、数据、服务等领域 ...

"当前，我们正站在一个由科技重构未来的关键节点。全球可持续发展进程不断深化，以人工智能为代 表的科技革命浪潮正蓬勃兴起，这两股深刻影响未来世界发展格局的力量融合交汇。"上海交通大学上 海高级金融学院执行院长、会计学讲席教授、可持续投资研究中心理事长程仕军称。 在近期召开的"2025中国可持续投资发展论坛"上，程仕军作出上述表述。在他看来，需要从根本上超 越"先污染，后治理"的传统路径，转而依托科技的颠覆性力量与金融的系统性赋能，共同构建一个更具 韧性、更富效率、更为包容的可持续发展新范式。 对于人工智能技术介入到可持续发展道路的过程中还存在哪些难点？上海交通大学上海高级金融学院副 院长、金融学讲席教授、可持续投资研究中心主任严弘称，人工智能、大数据等新兴技术可以帮助企业 更好地管理数据、分析数据、发现问题，推动生产结构转型、优化运营管理，但在实际应用过程中，存 在数据分散、信息披露标准不清晰等问题，这就需要提升数据的集聚程度，规范数据收集和披露的标 准。 就资本市场而言，自2026年起，重要指数的样本公司、境内外同时上市的公司将首次被强制要求披露可 持续发展报告。对此，严弘对第一财经记者称，这是一个好的趋势， ...

在近期召开的"2025中国可持续投资发展论坛"上，程仕军作出上述表述。在他看来，需要从根本上超 越"先污染，后治理"的传统路径，转而依托科技的颠覆性力量与金融的系统性赋能，共同构建一个更具 韧性、更富效率、更为包容的可持续发展新范式。 对于人工智能技术介入到可持续发展道路的过程中还存在哪些难点？上海交通大学上海高级金融学院副 院长、金融学讲席教授、可持续投资研究中心主任严弘称，人工智能、大数据等新兴技术可以帮助企业 更好地管理数据、分析数据、发现问题，推动生产结构转型、优化运营管理，但在实际应用过程中，存 在数据分散、信息披露标准不清晰等问题，这就需要提升数据的集聚程度，规范数据收集和披露的标 准。 "上市公司披露可持续发展报告的系统性、规范性和深入性还需要一定时间磨合。" "当前，我们正站在一个由科技重构未来的关键节点。全球可持续发展进程不断深化，以人工智能为代 表的科技革命浪潮正蓬勃兴起，这两股深刻影响未来世界发展格局的力量融合交汇。"上海交通大学上 海高级金融学院执行院长、会计学讲席教授、可持续投资研究中心理事长程仕军称。 体系，为其在海外项目地开展碳信用项目提供支撑；三是"一带一路"沿线减排成果未能有 ...

Investment Rating - The report does not specify a direct investment rating for the industry but emphasizes a positive outlook on green finance initiatives and ESG investments [2][3]. Core Insights - The report highlights the strengthening of green finance supply by two departments, focusing on three key support directions: technological breakthroughs and industrial applications, enterprise green transformation, and zero-carbon factory construction [3][12]. - By 2030, the goal is to increase the output value of green factories at national, provincial, and municipal levels to 40% [3][12]. - The report indicates a significant growth in ESG bonds, with a total issuance of 3,832 bonds and a stock scale of 5.72 trillion RMB, where green bonds account for 62.15% [5][29]. - The ESG public fund market consists of 944 products with a total net value of 11,645.22 billion RMB, with ESG strategy products making up 45.09% [5][35]. - The report notes that 95% of business leaders view climate transition as a source of growth and opportunity, indicating a shift in perspective towards sustainability [21][22]. Summary by Sections Domestic Focus - The Ministry of Industry and Information Technology and the People's Bank of China have issued a notice to enhance green finance support, targeting three main project categories [3][12]. - The report outlines the implementation of a carbon footprint factor database by 2027, aiming to improve data quality and international influence [13]. - Hubei Province has completed the first compliance of multiple industries under the national carbon market, marking a significant local practice for the market's operation [14]. International Focus - The World Bank's report on Mauritania highlights the country's economic challenges and the need for diversification beyond the mining sector, which currently contributes 70% of exports and one-fifth of GDP [4][18]. - The ISSB has made targeted revisions to the IFRS S2 to support the implementation of climate-related disclosures [19]. - Munich Re has set new climate targets for its insurance and investment portfolios, emphasizing a commitment to climate solutions [20]. ESG Financial Products Tracking - The report provides detailed statistics on ESG bonds, public funds, and bank wealth management products, indicating a robust market presence and growth potential [5][29][40]. - The issuance of ESG bonds in the past year totaled 1,231 bonds with a total amount of 13,668 billion RMB [5][29]. Index Tracking - As of December 12, 2025, major ESG indices have shown varied performance, with the Shenzhen ESG 300 index having the highest increase of 14.75% over the past year [7][41]. Expert Opinions - Experts emphasize the integration of technology and finance to build a resilient and efficient sustainable development paradigm, highlighting China's advantages in climate technology [8][42].

高金执行院长、会计学讲席教授、可持续投资研究中心理事长程仕军表示，当前，我们正站在一个由科 技重构未来的关键节点。全球可持续发展进程不断深化，以人工智能为代表的科技革命浪潮正蓬勃兴 起，这两股深刻影响未来世界发展格局的力量融合交汇。这就要求从根本上超越"先污染，后治理"的传 统路径，转而依托科技的颠覆性力量与金融的系统性赋能，共同构建一个更具韧性、更富效率、更为包 容的可持续发展新范式。在他看来，可持续未来的构建，离不开科技创新与绿色金融的协同共进。 联合国开发计划署可持续发展目标影响力指导委员会委员、招商银行原行长马蔚华说，攻克气候难题的 核心在于气候科技。气候科技是联合国气候变化框架公约定义的特定概念，指能减少温室气体排放、适 应气候变化影响、促进绿色低碳发展的一系列技术，覆盖能源生产、消费、存储、碳减排等全产业链。 针对全球气候融资缺口超2万亿美元、国内缺口同样较大的现状,马蔚华表示，气候科技攻关周期长、风 险高，部分基础理论研究可能长期无直接回报，需动员更多资本成为"耐心资本"，不追求短期收益，注 重长期价值，与气候科技企业价值观保持一致，做好长期陪跑。他呼吁建立长期主义价值观、完善激励 约束机制与容 ...

来源：上海证券报·中国证券网 上证报中国证券网讯（记者 高志刚）12月12日，由上海交通大学上海高级金融学院（高金/SAIF）主办 的"2025中国可持续投资发展论坛"上,联合国开发计划署可持续发展影响力投资全球指导委员会委员、 招商银行原行长马蔚华发表了"以气候融资助力气候科技发展，构建可持续发展新生态"为主题的演讲。 马蔚华指出，自2015年联合国通过《2030可持续发展议程》以来，其整体推进成效不及预期：超半数项 目停滞，18%的项目出现倒退，预计到2030年完成率不足20%。 面对全球气候挑战，中国积极践行"3060双碳"承诺，取得了一系列亮眼成果。截至2025年10月，中国绿 色债券规模近4万亿元，均位居全球前列；可再生能源装机占比达60%，建成全球最大碳市场。在2025 年新的国家自主贡献（NDC）目标中，中国进一步承诺，2035年在2030年碳达峰基础上，全经济领域 净碳排放减少7%-10%。这一目标对气候科技创新提出了更高要求。 马蔚华强调，"双碳"目标本质上是一场前所未有的科技革命和广泛深入的社会变革，而攻克气候难题的 核心在于气候科技。气候科技是联合国气候变化框架公约定义的特定概念，指能减 ...

专题：2025中国可持续投资发展论坛 12月12日金融一线消息，2025中国可持续投资发展论坛今日召开，本次论坛的主题为"科技融合与可持 续发展新生态"。联合国开发计划署可持续发展影响力投资全球指导委员会委员、招商银行原行长马蔚 华出席论坛，并发表"以气候融资助力气候科技发展构建可持续发展新生态"为主题的演讲。 马蔚华指出，2015年联合国通过的《2030可持续发展议程》推进成效不及预期，超半数项目停滞，18% 的项目出现倒退，预计到2030年完成率不足20%。这一困境的核心症结在于日益严峻的气候危机。 他表示，面对全球气候挑战，中国积极践行"3060双碳"承诺，取得了一系列亮眼成果。截至2025年10 月，绿色债券规模近4万亿元，均位居全球前列；可再生能源装机占比达60%，建成全球最大碳市场。 在2025年新的国家自主贡献（NDC）目标中，中国进一步承诺，2035年在2030年碳达峰基础上，全经 济领域净碳排放减少7%-10%，这一目标对气候科技创新提出了更高要求。 马蔚华强调，"双碳"目标本质上是一场前所未有的科技革命和广泛深入的社会变革，攻克气候难题的核 心在于气候科技。气候科技是联合国气候变化框架公约 ...

Group 1: European Tech Ecosystem Transformation - The second term of President Trump is inadvertently revitalizing the European tech ecosystem, driven by protectionist U.S. economic policies and unreliable support for Ukraine, leading to increased investment in European defense startups [1] - European investors and entrepreneurs are embracing "technological sovereignty," focusing on key areas such as artificial intelligence (AI) and climate technology, with a shift in funding priorities towards strengthening critical technologies in Europe [1][2] Group 2: Defense Technology Investment Surge - Defense technology has become a core focus for investors globally, particularly in Europe, with European defense startups raising a record $2.4 billion last year and $2.11 billion so far this year [2] - The uncertainty surrounding the Trump administration's stance on Ukraine and NATO has prompted Europe to seek military and economic independence, inspiring a new generation of entrepreneurs to engage in essential sectors like energy and defense [3] Group 3: Shift in Investment Philosophy - Historically, defense technology financing was limited due to ESG (Environmental, Social, and Governance) restrictions, but this is changing as limited partners (LPs) are removing these constraints to allow more freedom in investing in defense-related technologies [3] - European government leaders, including President Macron and Prime Minister Starmer, are committing billions to national AI projects, emphasizing "AI sovereignty" amid rising trade tensions with the U.S. [4][5] Group 4: Climate Technology Opportunities - The reduction of funding for clean energy projects in the U.S. is driving many climate tech startups to look towards Europe as a haven for innovation and government support [6] - European entrepreneurs and venture capitalists are seizing a "historic opportunity" to establish a coherent identity and strategy in global tech competition, positioning Europe as a refuge for technology, science, and progress [6]

Core Viewpoint - The article discusses the emergence of a "new high-temperature economy" driven by extreme heat events, highlighting both the challenges and opportunities presented by climate change. Group 1: Extreme Heat Events - Cities across China, including Hangzhou and Beijing, have experienced unprecedented high temperatures, with some areas recording temperatures above 40°C [2][3][9] - The World Meteorological Organization reports that 2023 is the hottest year on record, with global average surface temperatures rising by 1.55°C compared to pre-industrial levels [12][16] - Predictions indicate that extreme heat events will continue to increase in frequency and intensity, affecting various regions globally [19][20] Group 2: Economic Impact - High temperatures are disrupting industrial operations, leading to reduced production efficiency and increased maintenance costs for machinery [25][26] - The extreme heat has resulted in a significant decline in the average return on assets (ROA) for companies, with a 10-day increase in extreme heat days potentially lowering ROA by 1.38 percentage points [28] - Agricultural yields are also expected to decline, with predictions indicating a 30%-40% reduction in global food production by 2040 due to rising temperatures [32][33] Group 3: New Market Opportunities - The demand for cooling equipment has surged, with air conditioning sales in major Chinese cities increasing significantly during the summer [42][43] - There is a notable rise in sales of personal cooling products, such as portable fans and sun protection items, reflecting changing consumer needs [46][45] - The heat wave is fostering the development of new industries, including climate-adaptive building materials and climate-smart wearable devices, as companies seek to innovate in response to rising temperatures [49][50] Group 4: Consumer Behavior Changes - The search for "cooling travel destinations" has increased dramatically, with a 664% rise in searches for summer vacation spots that offer relief from the heat [53] - Consumers are adapting their lifestyles to cope with extreme temperatures, leading to changes in shopping patterns and service delivery, such as nighttime operations for restaurants and logistics [27][40]

Core Viewpoint - The article emphasizes the acceleration of global energy transition and the consensus among Chinese energy storage companies to expand internationally, while highlighting the challenges posed by increasing market competition and geopolitical factors [1]. Event Overview - The "China-Israel Energy Storage Business Matching Conference" is organized by the Zhongguancun Energy Storage Industry Technology Alliance, PLANETech, and the Israeli Embassy in China [2]. - The event aims to empower Chinese and Israeli energy storage companies by providing insights into the Israeli market and showcasing advanced Israeli energy storage technologies [1][2]. Event Details - **Date and Time**: June 25, 2025, from 14:00 to 16:30 [2]. - **Location**: Beijing (specific location to be notified upon successful registration) [2]. - **Agenda**: - Opening speech by a representative from the Israeli Embassy [2]. - Presentation on the development report of the Chinese energy storage industry [2]. - Discussion on Israeli technologies and potential opportunities in renewable energy, energy storage, advanced manufacturing, and smart mobility [2][3]. Participating Companies - The event invites companies involved in: - Renewable energy and energy storage, including next-generation energy production and storage, grid flexibility, and distributed energy systems [3]. - Advanced intelligent manufacturing, focusing on AI, automated production lines, circular manufacturing, and supply chain optimization [3]. - Smart mobility, covering electric vehicles, battery and charging infrastructure, and energy management [3]. PLANETech Overview - PLANETech is a non-profit innovation community established in September 2020, headquartered in Tel Aviv, aimed at supporting climate change technologies through education, collaboration, and technical practices [3][4]. - As of November 2021, PLANETech has engaged 1,200 companies and 637 startups actively developing technologies to address climate change [4]. Key Contact - Dr. Yaroslav Efimov, the technology head of PLANETech, has over 15 years of experience in industrial, climate, and advanced technology sectors [6].