Core Viewpoint - The People's Bank of China, along with the Financial Regulatory Administration and the National Forestry and Grassland Administration, has issued a notification to support high-quality development in forestry through 15 specific financial measures aimed at enhancing financial services and investment in the forestry sector [1][2]. Group 1: Financial Measures - The notification includes measures to deepen collective forest rights system reform financial services, strengthen financial guarantees for important forestry strategies, increase financial investment in high-quality forestry development, establish mechanisms for realizing the value of ecological products, and improve policy support systems and guarantees [1]. - There is an emphasis on increasing innovation in forest rights mortgage loan products and services, expanding the range of mortgageable forest rights, and legally extending loan terms [1][2]. - The notification encourages the establishment of forest rights storage institutions in suitable regions and promotes social capital involvement in forest rights storage guarantee services [1]. Group 2: Financing and Investment - The notification outlines the need to strengthen financing demand for national reserve forest construction projects and optimize loan approval processes [2]. - It focuses on key ecological projects such as the "Three North" project, exploring diversified investment mechanisms to meet financing needs for under-forest specialty industries, raw material storage, deep processing, and logistics [1][2]. - Financial institutions are encouraged to improve methods for assessing the mortgage value of ecological products, facilitating the conversion of ecological resources into ecological capital [1]. Group 3: Supportive Policies and Mechanisms - The notification specifies the use of structural monetary policy tools to broaden direct financing channels for forestry enterprises and increase funding support in the forestry sector [2]. - It proposes the exploration of a forest insurance product system that includes index insurance, yield insurance, income insurance, and liability insurance [2]. - A comprehensive risk management mechanism for forest rights mortgage loans is to be established, integrating assessment, insurance, regulation, disposal, and storage [2].