在谈及香港的绿色发展进程时，他引述一系列数据称，自2014年碳达峰后，香港正稳步朝着2050年实现 碳中和的目标迈进。在绿色金融方面，去年在香港发行的绿色及可持续债务总额超过840亿美元。 香港特首李家超：期待欧盟企业参与香港北部都会区建设 中新社香港6月23日电 (记者 戴小橦)香港特区行政长官李家超23日表示，北部都会区是香港绿色发展新 引擎，希望欧盟公司参与香港北部都会区建设。 6月23日，香港特区行政长官李家超出席"绿色之道2025:加速变革"活动并致辞。(香港特区政府新闻 处供图) 李家超当日出席"绿色之道2025:加速变革"活动时致辞表示，欧盟长期以来是香港重要的商业伙伴，目 前有1640家欧盟企业扎根香港，双方在商业、教育、文化、科技创新等多领域合作紧密，在应对气候变 化等议题上也有着共同目标。 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 他提到，不少欧盟企业在废物管理、循环利用等环保领域拥有专业技术和丰 ...

Core Viewpoint - China is committed to advancing its "dual carbon" goals and has established the world's largest and most complete new energy industry chain, with significant growth potential in green finance [1] Green Finance Development - China has the largest green credit scale globally, and its green bond and green insurance markets rank among the top in the world. The funding demand to achieve carbon peak by 2030 is expected to exceed 25 trillion yuan [1] - Green finance is focused on sectors such as electricity, gas, water production and supply, as well as transportation, warehousing, and postal services, with continuous improvement in service quality [1] - As of the end of Q1 this year, the loan balances for infrastructure green upgrades, energy low-carbon transitions, and ecological protection were 18.11 trillion yuan, 8.13 trillion yuan, and 4.81 trillion yuan respectively, with quarterly increases of 1.47 trillion yuan, 468 billion yuan, and 426.9 billion yuan [1] Challenges in Green Finance - There are challenges in green finance, particularly in ecological environment governance projects that require significant external financing but have limited short-term cash flow and repayment sources [2] - The need for a complementary approach between policy-based and commercial finance is emphasized, along with the necessity for a collaborative path that balances ecological, economic, and financial interests [2] Standardization and Product Development - A robust standard system is essential for green finance, with five pillars established: green finance standards, environmental information disclosure, incentive mechanisms, product and market systems, and international cooperation [2] - The development of innovative financial products tailored to specific project needs is crucial to mobilize and incentivize more social capital into green industries [3] Systematic Planning - Many green finance projects are long-term endeavors, requiring systematic planning and coordination. For instance, while reservoir construction may not yield immediate repayment sources, they can generate stable returns over decades, which can be transformed into real estate investment trusts (REITs) [3] - There is a call for enhanced systematic planning and the combination of fiscal, monetary, and industrial policies to promote financial product innovation and expand the carbon trading market [3]

随着居民财富持续积累，财富管理需求正在向多元化、专业化配置转型。过去五年中国信托、理财、保险资管受托管理资产规模年均增速约8% 文｜《财经》记者 陈洪杰 研究员 丁艳 编辑 | 张颖馨 杨芮 中国已成为全球第二大资产和财富管理市场、支持外资机构加大布局，支持符合条件的银行在沪设立金融资产投资公司(AIC)，支持外资机构参与 更多金融业务试点…... 6月18日上午，国家金融监督管理总局局长李云泽在"2025陆家嘴论坛"上发表主题演讲。他表示，从金融资产配置比例看，当前中国家庭的现金和 储蓄占比超过一半，远高于OECD（经济合作与发展组织）国家约三分之一的平均水平。随着居民财富持续积累，财富管理需求正在向多元化、 专业化配置转型。 在银发经济方面，李云泽表示，银发经济方兴未艾，养老金融大有可为。中国老龄化进程加快，预计2035年60岁以上人口将突破4亿，银发经济规 模有望达到30万亿元。 "过去五年中国信托、理财、保险资管受托管理资产规模年均增速约8%。我们支持外资机构在理财投资、资产配置、保险规划等领域布局。"李云 泽表示。 另外，目前中国数字金融市场快速发展，规模稳居世界首位。李云泽称，欢迎外资机构深度参与 ...

【导读】李云泽：中国金融高水平开放前景广阔 中国基金报记者 晨曦 6月18日上午，国家金融监督管理总局局长李云泽出席2025陆家嘴论坛开幕式，并以"坚定不 移推动金融高水平开放 谱写互利共赢新篇章"为主题进行演讲。 图片来源：国家金融监管总局官网 基金君总结主要看点如下： • 目前，全球前50大银行有42家在华设有机构，40家最大的保险公司近半数已进入中国。八 成全国性银行通过引入境外战略投资者，提升了公司治理效能和经营管理水平。 • 外资银行和保险机构总资产超过7万亿元，各项业务保持良好增长态势。外资保险公司保费 占国内市场份额比例已从2013年的4%提升至目前的9%。外资银行衍生品业务国内市场占比 近五分之一。中资机构也在70多个国家和地区广泛展业，有力促进了贸易和投资发展。 • 近年来，消费已成为中国经济增长的主引擎，中国消费市场规模已达到全球第二，其中，汽 车、手机、家电等实物消费量均排名世界第一。中国正在加速成为全球最大消费市场，不少 外资机构在消费金融、普惠金融领域有丰富经验和独特专长，深耕中国市场必将大有作为。 • 金融监管总局正在大力推进金融资产投资公司股权投资、科技企业并购贷款等相关试点，不 ...

2025年6月15日 证券研究报告 | ESG热点周聚焦（6月第3期） SEBI发布可持续债券新框架 策略研究 · 策略专题 证券分析师：王开 证券分析师：陈凯畅 021-60933132 021-60375429 wangkai8@guosen.com.cn chenkaichang@guosen.com.cn S0980521030001 S0980523090002 请务必阅读正文之后的免责声明及其项下所有内容 核心观点 请务必阅读正文之后的免责声明及其项下所有内容 ◼ 海外ESG热点事件：全球ESG领域通过企业合作、绿色金融投资、政府支持规划大力发展清洁能源，政府企业围绕ESG目标完善法规、自觉行动，推动 可持续发展。绿色金融方面，SWEN Capital Partners募集蓝海基金；CDP发行基于区块链的绿色债券，提高ESG报告透明度和可追溯性；RWE发行绿色 混合债券，支持可再生能源投资战略。政策方面，CIF发起工业脱碳计划，支持发展中国家减少工业温室气体排放；EPA提出新的可再生燃料标准，促 进美国生物质柴油生产和能源安全；欧盟可持续金融规则受关注，特许公认会计师公会敦促欧盟委员会简化可持续财 ...

Market Data - As of June 11, the Shanghai Composite Index rose by 0.52% to 3402.32 points, while the ChiNext Index increased by 1.21% to 2061.87 points [1] - U.S. stock indices collectively declined, with the S&P 500 down by 0.27% and the Nasdaq down by 0.5%, amid better-than-expected inflation data raising expectations for potential interest rate cuts by the Federal Reserve [1] - International oil prices saw significant increases, with light crude oil futures rising by $3.17 to $68.15 per barrel, a 4.88% increase, and Brent crude oil futures up by $2.90 to $69.77 per barrel, a 4.34% increase [1] Economic News - The first meeting of the China-U.S. economic consultation mechanism took place in London, where both sides reached a principled consensus on addressing economic concerns and enhancing cooperation [2][3] - China's stance on U.S.-China trade relations emphasizes mutual benefit and cooperation, with a clear rejection of trade wars [2] - The Chinese Ministry of Commerce reported that the recent discussions were professional and aimed at building trust and stability in economic relations [3] Automotive Industry - The National Certification and Accreditation Administration announced a pilot program for mandatory product certification in the automotive sector to enhance quality infrastructure for exports [5] - China is projected to export 5.859 million vehicles in 2024, maintaining its position as the world's largest automotive exporter, but will face increasing demands for product diversification and compliance with international regulations [5][6] Green Finance - A joint notice from multiple departments in Shanghai aims to enhance financial support for green projects, promoting the development of a green finance service platform and increasing the scale of green loans [7] Inflation Data - The U.S. Consumer Price Index (CPI) for May increased by 2.4% year-on-year, slightly below market expectations, while the core CPI rose by 2.8%, also below expectations [9]

和讯财经研究院近日发布《中国绿色金融发展月报（2025年5月）》，系统梳理当前我国绿色金融的政策进展、市场运行和创新实践。报告显示，中国绿 色金融体系持续深化，地方试点加速落地，市场规模稳步扩张，创新产品不断涌现，为"双碳"目标提供强劲金融支撑。 政策频出，地方试点密集落地 2025年前五个月，绿色金融政策密集出台，中央顶层设计与地方探索协同推进，多层次绿色金融体系加速成型。 上海构建"1+N+X"绿色金融组织架构，江苏围绕八大高碳行业推出"1+N+N"转型金融支持目录。北京、陕西、厦门等地分别在绿色产业布局、气候投融 资、ESG建设及蓝碳经济等领域推出专项方案，地方试点创新活跃。 国家层面，国家发改委发布新版《绿色技术推广目录》，涵盖112项低碳技术；证监会与国家金融监管总局联合发文，明确绿色金融产品的创新路径；国 务院常务会议通过《制造业绿色低碳发展行动方案》，引导传统制造向绿色转型。 在国际合作方面，中国在伦敦证券交易所成功发行60亿元绿色主权债券，利率低于市场平均水平，显示出国际资本市场对中国绿色资产的高度认可。 市场扩容，债贷齐头并进 数据显示，2025年前5个月我国绿色金融市场延续高景气度。绿色债 ...

15 部门联合印发方案建设国家应对气候变化标准体系，深化资源环境要素市 场化配置改革 [Table_Industry] ESG 周报 [Table_ReportDate] 2025 年 06 月 07 日 证券研究报告 行业研究 [Table_ReportType] 行业周报 [Table_StockAndRank] ESG 投资评级 —— 上次评级 —— [Table_Author] [左前明 Table_Author] 能源行业首席分析师 执业编号：S1500518070001 联系电话：010-83326712 邮 箱：zuoqianming@cindasc.com 郭雪 环保联席首席分析师 执业编号：S1500525030002 邮 箱：guoxue @cindasc.com 吴柏莹 环保行业分析师 执业编号：S1500524100001 邮 箱：wuboying@cindasc.com 信达证券股份有限公司 CINDA SECURITIES CO.,LTD 北京市西城区宣武门西大街甲127号金隅大厦 B座 邮编：100031 [Table_Title] 15 部门联合印发方案建设国家应对气候变化标准 ...

6月5日，以"杨浦新算法，科技再循环"为主题的"双碳"科技与循环经济协同创新活动在上海新国际博览 中心举行，来自产学研界的代表齐聚一堂，围绕"双碳"科技与循环经济协同创新展开深度研讨，共绘绿 色发展新蓝图。 上海市杨浦区人大常委会副主任、绿色低碳产业链链长李颖表示，历经二十年的探索，杨浦成功实现了 从"工业杨浦"到"知识杨浦"再到"创新杨浦"的转型升级。当前杨浦已经按下了绿色低碳发展的加速键， 2030年绿色低碳产业规模将达到500亿元左右。希望以此次活动为开端，碰撞出更多创新火花、凝结出 更多应用硕果，合力打造人民城市最佳实践地。 兴业银行首席经济学家鲁政委以《碳足迹壁垒：欧盟之盾与中国之矛》为题，剖析了欧盟碳边境调整机 制对全球供应链的影响，提出中国企业需以技术创新和标准升级应对"碳足迹壁垒"，锻造国际竞争新优 势。 上海技术交易所总裁颜明峰发表《绿色技术点亮城市未来：低碳技术推动低碳城市发展》演讲，提出以 绿色技术交易为纽带，构建技术创新—成果转化—城市应用的全链条生态，为低碳城市建设注入科技动 能。 签约仪式环节，杨浦区投资促进办公室聘任上海市各地在沪企业（商会）联合会为2025年度招商合作伙 伴，旨 ...

Group 1 - The emergence and development of green finance policies provide new opportunities for corporate financing, particularly in expanding financing channels, reducing financing costs, and guiding corporate green transformation [1][3][4] - Green finance policies encourage financial institutions to increase funding support for green projects, leading to the development of specialized green credit products that offer easier access to loans for companies in environmentally friendly sectors [1][3] - The issuance of green bonds, supported by the government, creates a broad platform for corporate green financing, often allowing for lower interest rates compared to traditional bonds, thus optimizing debt structures and reducing financing costs [1][3] Group 2 - Green finance policies provide tangible financing cost benefits for green enterprises, with financial institutions lowering loan rates and waiving fees, which directly reduces interest expenses and enhances profitability [3][4] - Government fiscal subsidy policies further alleviate financing pressures on companies, enabling them to invest saved funds into technology development and market expansion, thereby improving product quality and service levels [3][4] - The recognition of a company's green image in the market attracts more investors and partners, creating a virtuous cycle that further lowers financing costs for green enterprises [3][4] Group 3 - Green finance policies effectively guide companies towards green innovation, prompting them to invest in energy-saving and resource-recycling technologies to enhance environmental performance and production efficiency [4] - The pressure and guidance from green finance policies lead high-pollution and high-energy-consuming enterprises to explore clean production technologies, facilitating their transition to green low-carbon models [4] - The implementation of green finance policies promotes the flow of social funds from high-pollution industries to green industries, enabling rapid development of emerging sectors like renewable energy and environmental protection [4]