Core Viewpoint - The European Commission has released the "EU Global Climate and Energy Vision," outlining action plans to promote the transition to clean energy and enhance international competitiveness in the clean technology sector [1] Group 1: Clean Technology Manufacturing - The EU aims to increase its clean technology manufacturing capacity to achieve a 15% share of the global technology market [1] - The plan includes strengthening international cooperation to create new business opportunities for the European clean technology industry [1] Group 2: Investment and Financing - The EU plans to allocate 30% of the €200 billion budget for its external cooperation financing tool "Global Europe" from 2028 to 2034 to climate and environmental expenditures [1] - This funding will support partner countries in developing actionable climate action plans and promote the growth of the clean industry [1] Group 3: Policy Coordination and Carbon Pricing - The EU will enhance policy coordination, information exchange, and cooperation among member states to support partner countries in establishing and improving carbon pricing policies [1] Group 4: Carbon Border Adjustment Mechanism - The EU's "Carbon Border Adjustment Mechanism" is set to be implemented in 2026, imposing "carbon tariffs" on imports of products like cement, fertilizers, and steel from countries with relatively lax carbon emission restrictions [1] - This measure has faced criticism from some trading partners, who argue it increases the burden on developing countries [1]

Group 1 - The core viewpoint highlights the significant progress in green finance and taxation policies in China, with a total tax revenue from green taxes reaching 2.5 trillion yuan and a reduction in tax and fees amounting to 1.5 trillion yuan from 2021 to June 2023 [1] - The balance of green loans in both domestic and foreign currencies has surpassed 4 trillion yuan, reaching 42.39 trillion yuan, marking a 14.4% increase since the beginning of the year, positioning China as the global leader in this area [1] - The dual-driven approach of fiscal and financial policies has effectively promoted green development, with the government implementing measures such as subsidies and tax incentives to encourage investments in renewable energy and clean technologies [1][2] Group 2 - Financial policies are acting as an "accelerator" to facilitate the transition of funds from high-pollution sectors to environmentally friendly and sustainable industries, with green finance being a key focus in national financial strategies [2] - China has established a comprehensive green finance policy system, leading the world in the development of green credit, bonds, and insurance, which supports the country's economic transition towards sustainability [2] - The integration of fiscal and financial policies is essential for enhancing the effectiveness of green initiatives, with proposed tax reductions and financial incentives for companies engaged in green finance [2][3] Group 3 - The effectiveness of fiscal and financial policies in promoting green initiatives relies on collaboration with industrial, regional, and environmental policies, creating a conducive environment for private capital to engage in green investments [3] - Strengthening environmental legislation and improving information disclosure systems are crucial for protecting investor rights and supporting a comprehensive policy framework for green development [3]