黄国平（中国社会科学院金融研究所研究员、国家金融与发展实验室科技金融与发展研究中心主任）： 绿色金融是指为支持环境改善、应对气候变化和资源节约高效利用，对环保、节能、清洁能源、绿色交 通、绿色建筑等领域的项目投融资、项目运营、风险管理等所提供的金融服务。 2021年中共中央、国务院印发的《关于完整准确全面贯彻新发展理念做好碳达峰碳中和工作的意见》提 出，积极发展绿色金融。2024年中共中央、国务院印发的《关于加快经济社会发展全面绿色转型的意 见》强调，研究制定转型金融标准，为传统行业领域绿色低碳转型提供合理必要的金融支持。今年初， 国家金融监督管理总局和中国人民银行联合印发《银行业保险业绿色金融高质量发展实施方案》，引导 银行业保险业大力发展绿色金融，加大对绿色、低碳、循环经济的支持。 发展绿色金融是金融体系为服务经济社会全面绿色转型而进行的系统性变革，通过市场化机制和制度化 安排，将生态环境要素深度融入资源配置全过程，实现经济增长与环境保护协同发展。发展目标上，绿 色金融既要支持环保、节能、清洁能源等绿色产业发展，也要防范气候变化和环境破坏带来的金融风 险，确保金融体系自身的稳健与可持续发展。运作机制上，绿 ...

Core Viewpoint - Gansu Province's Lanzhou New Area is committed to ecological priority and green development, aiming to achieve both ecological and economic benefits in the western region, providing a reference model for ecological protection and high-quality development in the Yellow River Basin [1][2]. Group 1: Ecological Environment Protection Initiatives - Lanzhou New Area integrates ecological environment protection into all aspects of economic and social development, establishing a comprehensive system for ecological supervision, law enforcement, and environmental monitoring [1]. - The area has implemented a performance evaluation system for ecological civilization construction and environmental protection, ensuring strict accountability for ecological responsibilities [1][2]. - The New Area has achieved a 96.4% rate of good air quality days and a 6.5% improvement in the comprehensive air quality index as of October [2]. Group 2: Economic Growth and Environmental Quality - The economic growth rate of Lanzhou New Area remains among the top in the province, with a 100% compliance rate for centralized drinking water sources and no significant ecological incidents reported [2][3]. - Urban greening has significantly improved, with the green coverage rate rising from less than 5% to 36%, and biodiversity has been enhanced with 161 plant species and 106 animal species recorded [2]. Group 3: Integration of Environmental Protection and Development - The New Area promotes a model of proactive governance in environmental protection, focusing on prevention, control, and strict penalties for violations [4]. - A new environmental impact assessment service model has been implemented to support key projects aligned with green development, resulting in an annual industrial value-added growth of over 20% [3][4]. - The area has achieved a 99.2% real-time transmission rate for automatic pollution source monitoring data, ensuring stable compliance with major pollutant emissions [4].

Core Viewpoint - Ping An Bank reported a steady business performance in its Q3 2025 results, focusing on enhancing retail, corporate, and interbank operations while strengthening risk management and digital transformation efforts [1] Business Performance Summary - For the first nine months of 2025, Ping An Bank achieved operating income of CNY 100.668 billion, a year-on-year decrease of 9.8%, primarily due to declining loan interest rates and structural adjustments [2] - The net interest margin was 1.79%, down 14 basis points from the previous year, while non-interest income from bond investments decreased due to market volatility [2] - Net profit for the period was CNY 38.339 billion, a decline of 3.5% year-on-year [2] - Total assets reached CNY 5,766.764 billion, with loans and advances totaling CNY 3,417.753 billion, reflecting a 1.3% increase from the end of the previous year [2] Retail Business - The retail strategy remains a priority, with personal loans totaling CNY 1,729.192 billion, down 2.1% from the previous year [4] - Mortgage loans increased by 8.1% to CNY 352.350 billion, while credit card receivables and consumer loans saw declines [4] - Personal deposits stood at CNY 1,279.630 billion, a slight decrease of 0.6%, but the average daily balance increased by 4.2% year-on-year [5] Corporate Business - Corporate loans reached CNY 1,688.561 billion, up 5.1% from the previous year, with corporate deposits growing by 1.3% to CNY 2,275.325 billion [6][7] - The bank focused on supporting key industries, with new loans in infrastructure, automotive, and public utilities increasing by 11.8% [7] - Strategic customer segments were developed, with the number of corporate clients rising by 9.7% to 935,700 [7] Interbank Business - The interbank business is driven by investment and trading, with a focus on enhancing investment capabilities and capturing structural trading opportunities [8][9] - The number of value clients in interbank institutions reached 1,438, with a significant increase in trading volumes [9] Sustainable Development and Social Responsibility - Ping An Bank is committed to green finance, with green loans totaling CNY 261.280 billion, a 10.0% increase from the previous year [10] - The bank supports rural revitalization with CNY 43.295 billion allocated for related initiatives, contributing to a cumulative total of CNY 195.542 billion [10] - The bank aims to enhance financial services for the real economy, focusing on consumer finance and manufacturing sectors [11]

Core Insights - The Construction Bank's Yancheng branch is committed to "ecological priority and green development," integrating its mission into local development through product innovation, project empowerment, and ecological protection [1][16] - As of the end of August, the green loan balance of the bank reached nearly 50 billion yuan, reflecting a growth of over 20% since the beginning of the year [1] Green Finance Activation - A significant EOD project with a total investment of nearly 3 billion yuan has been selected as a pilot for ecological environment-oriented development in Jiangsu Province, marking a benchmark for Yancheng's exploration of "ecology + industry" integration [2] - The bank has formed a cross-departmental professional service team to provide tailored financing solutions, successfully forming a syndicate of 2 billion yuan, with the bank covering 1 billion yuan of the syndicate share [4] Financial Support for Green Enterprises - The bank has launched specialized products such as "Environmental Loan," "Hazardous Waste Loan," and "Carbon Finance" to address the diverse financing needs of green industries, with a total of 1.029 billion yuan allocated to "Environmental Loans" [4][5] - The bank's green financial tools include green credit, green bonds, and green funds, with a focus on clean energy, energy conservation, and ecological environment governance [5] Blue Finance Empowering Marine Economy - The bank has facilitated a 6.79 billion yuan loan for a 1 million kilowatt offshore wind power project, demonstrating rapid financial service capabilities [6] - The introduction of the "Su Nong Dan · Fishing Boat Loan" aims to alleviate financing difficulties for fishermen, with the first loan of 2 million yuan successfully issued [6][7] Comprehensive Financial Services - The bank has established a professional team to provide customized services for key projects in Yancheng's green industry upgrade and marine economy development, ensuring financial support for ecological governance and industrial development [13][14] - A digital platform for green finance management has been launched, enhancing the efficiency and precision of green credit services [15] Commitment to Social Responsibility - The bank actively promotes green finance knowledge and awareness through community outreach and educational initiatives, fostering a culture of environmental responsibility [15][16] - The bank aims to continue its efforts in supporting the development of a green low-carbon demonstration zone and a modern marine economy in Yancheng [16]

Core Insights - The article highlights the efforts of the Construction Bank's Yancheng branch in promoting green finance and supporting the local economy through innovative financial products and services aimed at ecological and industrial development [7][14]. Group 1: Green Finance Initiatives - The Yancheng branch of Construction Bank has achieved a green loan balance of nearly 50 billion yuan, with a growth of over 20% since the beginning of the year [7]. - The bank has launched various specialized financial products such as "Environmental Loan," "Hazardous Waste Loan," and "Carbon Finance" to address the diverse financing needs of green industries [9]. - A total of 1.029 billion yuan has been allocated to "Environmental Loans" for projects related to wastewater treatment and solid waste disposal [9]. Group 2: Support for Marine Economy - The bank has introduced the "Su Nong Dan·Fishing Boat Loan" to alleviate financing difficulties faced by fishermen, successfully issuing the first loan of 2 million yuan in December 2023 [10]. - A significant investment of over 10 billion yuan has been made in a 1 million kilowatt offshore wind power project, with a rapid loan approval process completed in just four working days [10]. Group 3: Customized Financial Services - The bank has established a professional team to provide tailored financial solutions for key projects in Yancheng, including a hydrogen energy technology company's green hydrogen project [11]. - A comprehensive financial service solution has been developed for the Yancheng Port Group, enhancing its operational capabilities and supporting its strategic goals [12]. Group 4: Digital Transformation and ESG Commitment - The bank has launched a digital platform for green finance management, enhancing the efficiency and precision of green credit services [13]. - A robust ESG risk management system has been implemented, integrating environmental, social, and governance considerations into the entire lending process [13]. Group 5: Future Outlook - The bank aims to continue its commitment to ecological priority and green development, focusing on product innovation and service upgrades to support Yancheng's transformation into a green low-carbon development demonstration zone [14].

Core Viewpoint - Industrial Bank Daqing Branch integrates green concepts into business practices, innovating a "green approval channel" to support clean energy projects and provide financial backing for ecological restoration [1] Group 1: Financial Support for Clean Energy - The bank has provided financial support to six wind energy enterprises in the region through syndicate loans and project replacements, with a loan balance of 192 million yuan as of July 2025 [1] - The financial initiatives aim to transform abandoned mining sites into solar panel fields and establish wind farms, showcasing the bank's role in ecological restoration [1] Group 2: Future Plans and Innovations - The bank plans to explore a "green credit + carbon finance" integration model, ensuring that every fund contributes to environmental protection [1] - The focus is on sustaining the momentum of ecological restoration and green development through financial innovation [1]

Core Viewpoint - The article emphasizes the importance of developing five key areas of finance: technology finance, green finance, inclusive finance, pension finance, and digital finance, as essential tasks for building a strong financial nation in China. Green finance is highlighted as a critical component for economic transformation and ecological civilization [1]. Group 1: Green Finance Strategy - The company has established a "Green Securities Finance Leadership Group" and a dedicated "Green Finance Department" to promote green finance business development, with a target to exceed 200 billion yuan in green investment and financing by 2025 [2]. - The company has created a comprehensive support system to address industry challenges such as inadequate standards and a shortage of professionals, including the first industry-specific "Green Securities Finance Business Evaluation Standard" [3]. Group 2: Green Financial Products and Services - The company has supported over 450 billion yuan in green equity and debt financing projects, including pioneering green ABS projects and green bonds related to national strategies [4]. - The company has introduced over 260 green-themed financial products, with a total asset scale exceeding 15 billion yuan in responsible and green investment products [4]. Group 3: Environmental Rights Trading - The company has facilitated various resource and environmental transactions, achieving a total transaction amount exceeding 5.3 billion yuan, including innovative projects like carbon credit trading [5]. Group 4: Industry Standards and International Cooperation - The company actively participates in the formulation of green finance standards and strengthens international cooperation to enhance the interconnectedness of domestic and international green finance markets [6][7]. Group 5: Empowering the Real Economy - The company aims to bridge the gap between capital and the real economy by providing advisory services and promoting ESG performance among enterprises, while also guiding investors towards green projects [8].

Core Viewpoint - China People's Insurance Group aims to enhance its role in green finance by innovating insurance products and establishing standards to support disaster risk resilience, environmental governance, and long-term investment in green economic transformation [2][3][4]. Group 1: Disaster Risk Management - The company is focused on improving catastrophe insurance policies and product systems to become a resilient recoverer from climate risks [2]. - In response to increasing economic losses from natural disasters, the company has expanded its catastrophe insurance coverage to include multiple disaster causes such as earthquakes, typhoons, floods, and landslides, now covering 4.1 billion people across 20 provinces and 118 cities in China [3]. - The company plans to further strengthen the operational mechanism of the catastrophe insurance community and develop a catastrophe risk quantification model tailored to China's disaster realities [3]. Group 2: Environmental Governance - The company is working on both positive incentives and negative constraints to become a significant environmental externality governance entity [3]. - Positive incentives include developing insurance products for new energy vehicles and green buildings, while negative constraints involve environmental pollution liability insurance to increase operational costs for high-emission enterprises [3]. - In 2024, the company signed the United Nations Principles for Sustainable Insurance and established a unified green insurance statistical system and ESG risk assessment system for insurance clients [4]. Group 3: Green Economic Transformation - The company aims to be a long-term investor in green economic transformation, leveraging its long-term insurance funds to support green productivity development [4]. - It has created ESG-themed asset management products, including carbon finance and green bond indices, with investments exceeding 100 billion yuan in support of green development [4][5]. - The company plans to conduct carbon emission assessments of its investment portfolio and explore carbon performance-based financing evaluations to gradually reduce the carbon intensity of its asset mix [5].

Core Viewpoint - The article highlights the challenges and inconsistencies in ESG (Environmental, Social, and Governance) information disclosure among banks, emphasizing the need for improved data quality, standardization, and a shift from formal reporting to substantive management practices [1][2][9]. Group 1: ESG Disclosure Challenges - Different ESG disclosure frameworks lead to fragmented and less comparable information among banks, with data quality issues, particularly in carbon emissions, relying heavily on self-reported data from corporate clients [1][2]. - The lack of unified standards and comparability in disclosure metrics remains a significant issue, with many banks showing improvement in their 2024 ESG reports but still needing enhancements [3][4]. - The absence of consistent reporting on Scope 3 emissions, which includes indirect emissions from the value chain, is prevalent, with several banks not disclosing this data at all [4][5]. Group 2: Data Collection and Management Issues - The collection of ESG data is complicated by the involvement of multiple business systems, and smaller banks face challenges due to insufficient technology investments [2][7]. - There is a high cost of cross-departmental coordination for ESG management, and the traditional risk management systems of banks do not effectively integrate with ESG practices [2][8]. - The scarcity of professional talent with expertise in both finance and ESG is a barrier to effective data collection and analysis, as understanding ESG requires knowledge across various disciplines [8][10]. Group 3: Recommendations for Improvement - Banks are encouraged to enhance their ESG information disclosure by establishing standardized data collection and processing systems, aligning with both international and domestic ESG standards [10][11]. - It is essential for banks to integrate ESG goals into their business strategies and performance evaluation systems, fostering a culture of participation and collaboration across all levels [10][11]. - Utilizing advanced technologies such as big data and AI can improve the collection, monitoring, and risk assessment of ESG information, while also focusing on building a skilled workforce in this area [11].