2025年岁末，面对步入倒计时的全球碳定价规则与新一轮国家自主贡献（NDC）硬核减排目标，以钢 铁、航运等为代表的中国高碳产业，正站在必须全力冲刺的转型赛道上。 这条赛道目标清晰但坡度陡峭，亟需金融提供至关重要的"续航力"与"加速器"；而探寻"赋能"与"突 破"的最优路径，正是金融支持产业转型的核心议题。就此，在近日绿色金融60人论坛举办的"2025绿色 金融北外滩论坛"上，由自然资源保护协会支持的主题对话围绕转型融资供需双方面临的现实风险与挑 战，金融精准服务产业低碳发展的有效路径等议题展开。自然资源保护协会环境法与治理项目主任吴琪 认为，金融需从传统的"资金供给方"升级为深度参与产业变革的"战略协同方"，才能真正助力高碳产业 脱碳转型、并在未来的市场格局中赢得竞争力与发展先机。 转型需求与金融供给结构错配 "未来的碳价不仅将直接传导至钢铁产品中，也将体现在相关金融产品的定价逻辑里。如何有效降碳并 科学管理碳资产，已经成为钢铁企业的必答题。"中国宝武集团欧冶云商绿碳事业部相关负责人表示。 随着全球应对气候变化行动的不断加速，产业转型已直面不可回避的风口浪尖。 国际层面，距离欧盟碳边境调节机制（CBAM） 2 ...

以初心铸底气 以创新赴新程 燕梳研究院2026年新年献词 当2026年的第一缕阳光照亮金融大地，我们站在"十四五"收官与新征程启幕的历史交汇点，回望保险业 这一年的铿锵足迹。这一年，我们告别规模崇拜的浮躁，拥抱质量优先的笃定；破解转型路上的迷雾， 筑牢服务实体的根基；在政策护航中稳健前行，在创新探索中勇立潮头。每一步跋涉都凝聚着行业人的 坚守，每一次突破都标注着高质量发展的刻度。 这一年，监管"定盘星"精准发力，为行业发展筑牢安全屏障。预定利率动态调整机制平稳落地，三次科 学校准让产品回归风险保障本源，摆脱"利差依赖"的行业更显韧性；非车险"报行合一"铿锵落地， 47.4%的财险市场告别"高费用、低费率"的内耗，迈向合规经营的良性循环；保险资金权益投资比例优 化、长期投资试点扩容至2220亿元，"耐心资本"的底色愈发鲜明，37万亿元险资正成为资本市场的"压 舱石"与实体经济的"滋养剂"。从万能险新规遏制短期化乱象，到中介监管净化市场生态，一道道监管 红线织就安全网，一次次政策创新激活新动能，让行业在规范中焕发持久活力。 这一年，市场"成绩单" 亮点纷呈，在提质增效中书写答卷。五大上市险企前三季度33.5%的净 ...

据长江商报资本战略研究院统计，2024年，中国太保、中国平安、中国人寿、中国人保、新华保险等A股五大上市险企提供的绿色保险金额分别为147万亿 元、147万亿元、18万亿元、184万亿元、2400亿元，合计496.24万亿元，覆盖清洁能源、绿色交通、碳汇保护等多个关键领域。 以中国平安为例，截至2024年末，平安可持续保险原保险保费收入总额达6293.01亿元，特别是绿色保险原保险保费收入达586.08亿元，同比增长近 57%， 保险金额达147万亿元。 中国太保同样表现突出，其在气候变化应对、环境污染治理、清洁能源发展、绿色交通、碳市场建设等领域持续发力，推动社会稳妥有序、循序渐进地实现 绿色低碳转型。 2024年，中国太保提供绿色保险保额约147万亿元，创新开发航运脱碳保险等30多款行业首单产品。截至2024年底，中国太保全年向社会提供巨灾风险保额 约1.2万亿元，为约5000家企业提供环境污染责任保险保额超150亿元，全年清洁能源项目保额超20万亿元，为超500万辆新能源车提供保额约10万亿元。 L -09 )13-10 2013-11 长江商报消息在"双碳"战略引领下，保险业正肩负起推动经济社会绿色转 ...

Core Viewpoint - The implementation plan for high-quality development of digital finance in the banking and insurance sectors emphasizes a dual-driven approach of digital technology and data elements, aiming to enhance the integration of the insurance industry into the real economy and national strategies [1][2]. Group 1: Digital Financial Development Goals - The plan outlines major goals for the insurance industry's digital financial development over the next five years, focusing on significant progress in digital transformation and the enhancement of capabilities driven by digital technology and data elements [2]. - It encourages the exploration of innovative applications of digital technology and data elements, aiming to improve financial service quality in key areas such as technology, green finance, inclusive finance, and elderly care [2]. Group 2: Organizational Structure and Governance - The plan prioritizes establishing a robust governance mechanism for digital finance, requiring insurance institutions to strengthen top-level design and build a digital operation system [3]. - It mandates the formation of leadership groups or committees responsible for digital finance, emphasizing the need for unified metrics that align digitalization with business growth and service quality [3]. Group 3: Risk Management and Service Integration - The plan identifies eight key areas for digital financial empowerment, highlighting the evolution of insurance from post-event compensation to risk reduction and insurance protection [4][5]. - It proposes the development of insurance products that provide risk coverage for technology enterprises, focusing on network security and data asset risks, thereby opening new opportunities for the insurance sector [4]. Group 4: Enhancing Financial Services - The plan calls for the development of personalized digital financial products to improve financial services in healthcare and elderly care, while addressing the digital divide [6]. - It emphasizes the importance of data collaboration between insurance institutions and healthcare providers to enhance consumer experience and compliance with data protection regulations [6]. Group 5: Support for Rural Revitalization - The plan encourages the use of IoT and AI technologies to broaden the scope of agricultural insurance products, enhancing efficiency in loss assessment and reducing moral hazard [6]. - It aims to integrate remote sensing and mobile internet data into agricultural insurance, thereby improving the overall risk management capabilities of the insurance industry [6].

风险与收益错配不容忽视。以银行为主导的金融体系风险厌恶特征明显，大量绿色信贷流入成熟项目， 对早期研发和示范阶段技术的支持力度弱于美国等风险投资发达的国家。由于风险分担机制不健全，银 行对轻资产科技企业要求苛刻，导致其融资困难。 绿色信贷规模持续扩大，资金支持优势显著。银行业金融机构是主力军。截至2024年末，我国本外币绿 色贷款余额达36.6万亿元，规模居世界第一，增速显著高于各项贷款平均水平。生态环境导向的开发 （EOD）模式等项目为科技创新成果转化创造了大规模应用场景和融资路径。 绿色金融市场蓬勃发展，多元化的市场为不同阶段的科技企业提供了股权、债券等选择。我国是全球第 二大绿色债券发行国。科创板、创业板及注册制改革，为未盈利但具有核心技术的企业打开了股票的首 次公开上市通道。风险投资在低碳科技赛道的活力持续增强。 以国家绿色发展基金为代表的政府主导平台，通过股权投资支持关键技术攻关与示范项目，有效弥补市 场失灵、引导长期资本。其投资有力带动了社会资本，体现了社会主义市场经济优势。绿色租赁、绿色 保险等业务也发挥了重要的补充保障作用。 尽管成效显著，但金融资源在支持"质效"和"结构"上仍存短板，与发达国 ...

截至目前，公司政策性农业保险累计为111.69万户次农户提供330.25亿元风险保障，向7.83万户次受灾 农户支付理赔款1.42亿元，在霜冻、雪灾等自然灾害面前，为高原农牧业生产撑起"防护网"，助力藏区 群众稳产增收。 立足迪庆作为国家生态安全屏障的定位，公司深入践行"两山"理念，大力发展绿色保险，为生态环境保 护与绿色发展提供风险保障116.55亿元，在长江上游的生态版图上书写保险担当。 转自：新华财经 筑牢"三农"压舱石、守护绿水青山、赋能实体经济、护航文旅产业……中国人寿财产保险股份有限公司 迪庆州中心支公司坚守金融为民初心，将保险服务的触角延伸至雪山草甸、千家万户。 截至2025年11月末，公司累计提供各类风险保障404.1亿元，支付赔款3948.78万元，以坚实保障为边疆 民族地区高质量发展注入金融"活水"。 作为服务"三农"的金融主力军，公司连续九年深耕政策性农业保险，构建起覆盖传统种植养殖与高原特 色产业、融合科技赋能与精准服务的农险保障体系。通过无人机、生物识别等技术手段，公司不断提升 承保理赔的精准性与时效性，实现"数据多跑路、农牧民少跑腿"。 为支持"世界的香格里拉"旅游品牌可持续发展， ...

Core Insights - The insurance industry in China is poised for growth aligned with the "14th Five-Year Plan," focusing on five key areas: disaster prevention and reduction, green development, rural revitalization, enterprises going global, and industrial modernization [1] Group 1: Disaster Prevention and Reduction - The natural disaster insurance protection gap in China is estimated at 90%, compared to a global average of 50%, indicating significant market potential [2] - Annual insurance losses from natural disasters have exceeded $100 billion, approaching $150 billion, with potential global losses reaching $300 billion [2] - The Chinese government is implementing measures to reduce this protection gap, emphasizing collaboration between insurance companies and government to enhance disaster risk management [2] Group 2: Green Development - China is actively promoting renewable energy and green transformation, with the energy-saving and environmental protection industry expected to reach 15 trillion yuan by 2030 [3] - The insurance penetration rate in green energy projects is already high, with most solar and wind facilities insured [3] - The green insurance sector is projected to experience high growth over the next five years, driven by the expansion of infrastructure rather than increased penetration rates [3] Group 3: Rural Revitalization - The focus on rural revitalization aims to enhance food security and agricultural modernization, which will lead to increased investment in agricultural assets and machinery [4] - Two growth directions for agricultural insurance are identified: natural growth due to increased risk awareness among larger farm operators and the need for simplified insurance products for smallholders [4] - Index insurance is highlighted as a promising solution for small farmers, offering a straightforward loss assessment mechanism [4] Group 4: Enterprises Going Global - More Chinese enterprises are expected to accelerate their overseas expansion, diversifying investments beyond traditional infrastructure projects [6] - The changing risk landscape presents opportunities for reinsurance companies to support these enterprises by addressing various overseas risks [6] Group 5: Industrial Modernization - China's push for technological self-reliance and industrial upgrading is creating new risk management demands in emerging technology sectors [7] - Insurance can provide targeted coverage for new risks associated with research, supply chains, and advanced operations, supporting industrial upgrades [7] - The insurance industry must adopt cautious underwriting strategies to adapt to the evolving risk landscape and ensure alignment with future client needs [7] Group 6: Market Growth Projections - The property and casualty insurance sector in China is expected to grow at a rate of 5%-6% from 2025 to 2030, outpacing GDP growth [8] - Non-auto insurance is anticipated to be the main growth driver, while auto insurance remains a stable support for the market [8] - The industry is focusing on improving underwriting quality and operational efficiency to achieve sustainable profitability [8]

党的二十届四中全会审议通过的《中共中央关于制定国民经济和社会发展第十五个五年规划的建 议》（以下简称《建议》），对未来五年我国经济社会发展作出了顶层设计和战略擘画。保险作为现代 经济的重要产业和风险管理的基本手段，被赋予了更加重要的使命和更加广阔的发展空间。 "我国保险业已进入战略赋能期，行业发展不再局限于规模扩张，而是深度融入国家发展大局，在 服务国计民生中实现自身价值。"中国社会科学院保险与经济发展研究中心主任郭金龙在接受《金融时 报》记者采访时表示，"十五五"时期是我国保险业高质量发展的关键五年，也是从"规模扩张"向"价值 创造"转型的攻坚期。在战略定位升级、发展空间拓展与风险挑战并存的关键时期，保险业需主动加快 全方位转型，打造高质量发展新引擎。 上述判断标志着我国保险业进入战略赋能期，其发展不再局限于规模扩张，而是深度融入国家发展 大局，在服务国计民生中实现自身价值。 《金融时报》记者：《建议》提出"大力发展科技金融、绿色金融、普惠金融、养老金融、数字金 融"。做好金融"五篇大文章"不仅事关金融强国建设，而且为金融服务实体经济高质量发展提供了根本 遵循和行动指南。基于这一视角，"十五五"时期，保险业 ...

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 Insights - The article discusses the rapid overseas expansion of Chinese energy storage companies, highlighting that eight out of the top ten global energy storage system suppliers by shipment volume in the first three quarters of 2025 are Chinese firms [1] - The article emphasizes the emerging risks associated with this expansion, including technical hazards like lithium battery thermal runaway and the volatility of overseas policies and regulations [1] - A new market for value-added services in the energy storage sector is anticipated, with projections indicating growth from approximately $10.9 billion in 2025 to nearly $180 billion by 2035 [1][10] Company Strategy - Zhongyi Property Insurance Co., Ltd. aims to increase its green insurance business to 30%-40% of total operations within five years, positioning it as the largest business segment [2][9] - The company focuses on the green insurance sector as a strategic choice to differentiate itself in a competitive market, particularly by aligning with China's green transition goals [3][4] - The company has established a "Green Insurance Research Center" to focus on energy storage, recognizing its critical role in the renewable energy landscape [7] Market Dynamics - The traditional insurance market is saturated, while the green insurance sector presents broader opportunities with relatively smaller entry barriers for new participants [4][5] - The company leverages its parent company, Chubb Group, to provide localized risk management services for Chinese enterprises operating abroad, particularly in the context of the Belt and Road Initiative [5][6] Risk Management Innovations - The article introduces the "Risk as a Service" (RaaS) model, which is expected to reshape insurance underwriting logic by integrating long-term contracts among owners, suppliers, and insurers [10][11] - The company is developing an online risk assessment system for electrochemical energy storage stations, utilizing AI algorithms to quantify risks and generate diagnostic reports [12]