Core Viewpoint - The insurance industry aims to play a crucial role in green finance by becoming a resilient recoverer of disaster risks, an important governor of environmental externalities, and a long-term investor in the green economy [1][2]. Group 1: Resilience to Disaster Risks - The insurance sector plans to enhance the policy standards and product systems for catastrophe insurance, focusing on developing a catastrophe risk quantification model suitable for China's disaster scenarios [1]. - There is an intention to strengthen the operational mechanism of the catastrophe insurance community and promote comprehensive multi-disaster catastrophe insurance [1]. Group 2: Governance of Environmental Externalities - Positive incentives will be created through the development of green insurance products such as new energy vehicle insurance and green building insurance, establishing a compensation mechanism for positive externalities [1]. - Negative constraints will be implemented via environmental pollution liability insurance, using rate levers to increase operational costs for high-emission enterprises, thereby establishing a corrective mechanism [1]. - The company plans to enrich the green insurance product system, focusing on ecological environment quality improvement and biodiversity protection, while exploring green insurance rate adjustment mechanisms [1]. Group 3: Long-term Investment in Green Economy - The insurance industry is set to become a long-term investor in the green economy, with investment scale exceeding 100 billion yuan in 2024 for green development [1]. - Innovative insurance solutions will be utilized to mitigate negative financial impacts from uncertainties, attracting more social capital into green low-carbon industries [1][2]. - Future initiatives include conducting carbon emission assessments for investment portfolios and exploring financing evaluations based on carbon performance to reduce asset portfolio carbon intensity [2].