12月28日，徽商银行迎来成立二十周年的重要日子。二十年风雨兼程，二十年春华秋实。自成立以来，徽商银行始终坚守"金融为民"初心，深入践行金融 工作的政治性与人民性，坚持党建引领，突出主责主业，充分发挥自身禀赋优势，以改革为笔、以创新为墨，用真情和汗水谱写了一部与地方经济共生共 荣、与社会民生温暖同行的奋斗华章。 应改革而生：以担当服务发展 回望世纪初，中央明确"鼓励城市商业银行在兼并重组基础上跨区域发展"，掀起了全国城商行改革重组浪潮。为更好服务安徽崛起、地方发展，安徽省委 省政府审时度势，决定整合全省城商行和城信社资源，组建一家省级股份制商业银行。 2005年12月，徽商银行在全国城商行改革大潮中应运而生，成为全国首家由城商行和城信社联合组建的银行业金融机构。从此，一颗金融新星在江淮大地 冉冉升起。 八年磨一剑，2013年11月12日，徽商银行在香港联交所主板上市，成为国内首批、中部首家登陆H股的城商行。 2020年，徽商银行勇担使命，成功收购承接原包商银行域外四家分行，顺利完成近千亿资产的承接、逾千名员工的维稳和约百万客户的接续服务，彰显了 维护国家金融安全稳定的责任担当。 二十年携手同行，徽商银行始终与 ...

余方认为，绿色金融转型必须是一个可持续的过程，而实现可持续发展需要走得通得商业逻辑。目前， 金融工具在绿色发展方面可以发挥三大作用。 第一是可以降低绿色项目成本。余方指出，企业项目决策的核心是净现值评估，而企业综合融资成本是 影响折现率的关键变量。绿色金融工具通过降低融资成本，可使原本净现值为负的绿色项目具备可行 性。 他以转型债券与贷款为例，分享了多个实践案例。比如，中国银行在卢森堡发行3亿欧元三年期钢铁企 业转型债券，定向支持河北钢铁集团废钢回收项目，凭借中国银行的高信用评级，融资成本降至4%， 较企业自主境外融资成本低1-2个百分点，后续河北中行对钢铁企业转型贷款规模达1000亿元。 21世纪经济报道记者 吴霜 "英国崛起依托煤炭，美国崛起依靠石油，中国乃至东亚的崛起，必然要依靠绿色新能源。" 在近日举 办的第四届中欧绿色金融论坛上，上海市科学技术委员会新能源技术处处长赵一新如此表示。 "脱离金融和市场的颠覆性技术，永远只能停留在实验室，"他坦言，过去科技领域与金融行业存在"隔 离"状态，双方认知存在壁垒，而近年来上海正积极响应国家强化科技策源地的要求，推动科技创新与 金融深度融合，激活绿色技术创新动能 ...

阿通社12月10日报道，阿布扎比投资办公室（ADIO）与中国国际金融股份有限公司（中金公司） 宣布建立战略伙伴关系，共同打造阿布扎比—中国投资走廊，以加速双向资本流动。合作发布恰逢阿布 扎比推出全新的"金融科技、保险、数字及另类资产"（FIDA）集群。双方将识别高成长性的中国企 业，协助其利用阿布扎比的区位优势、先进基础设施及监管体系，同时为阿布扎比机构投资者设计进入 中国资本市场的专属投资结构。该投资走廊将支持FIDA集群引导资本流向重点行业，拓展多元化金融 产品，巩固阿布扎比作为连接东西方全球金融枢纽的地位。中金公司计划从其区域枢纽出发，推动结构 性产品、定制化财富管理与家族办公室服务。双方还将在ESG融资、思想平台建设以及绿色债券、转型 贷款、可持续私募基金等领域合作。合作内容亦包括与高校及科研机构共建金融创新人才培养体系。 ADIO总干事巴德尔·奥拉马强调，合作展示阿布扎比构建面向未来金融生态的雄心。 （原标题：阿布扎比投资办公室与中金公司共建战略投资走廊） ...

今年3月6日，全国温室气体自愿减排交易市场首批国家核证自愿减排量（CCER）完成登记，已登记的 项目减排量共948万吨。有出售意愿的项目业主将CCER从注册登记系统转入交易系统，并于3月7日在 北京绿色交易所开展交易。在金融如何具体支持行业转型方面，张兴提出多项建议如强化绿色金融精准 支持、发挥碳定价与市场机制作用、推动绿色银行治理转型等。张兴强调，银行业应"积极跟踪国际银 行业绿色金融的前沿发展动态"，提升专业能力与市场形象。 另外，商业银行还应扩大绿色投融资规模，创新绿色基金、转型债券、转型贷款等产品，并推动绿色金 融数字化转型，运用物联网、大数据、人工智能等技术提升绿色资产识别与碳核算效率。建立健全气候 风险识别与管理体系，开展气候风险压力测试，防范"黑天鹅"与"灰犀牛"事件。张兴特别指出，要"推 动碳账户、碳质押、碳远期等金融工具创新，积极参与全国碳市场建设，服务碳资产管理和市场化减 排"。 实现能源资源行业"双碳"目标是一项系统工程，需要政策、科技、金融协同发力。"十五五"期间，金融 机构应把握绿色转型机遇，完善服务体系，创新金融工具，为构建绿色低碳循环发展的经济体系提供坚 实支撑。在全球气候治理进 ...

Core Viewpoint - The article outlines the strategic framework for China's economic and social development over the next five years, emphasizing the importance of high-quality development and efficient allocation of resources through financial services [1][4]. Group 1: Efficient Resource Allocation - Efficient allocation of resources relies on optimizing the combination of new and traditional factors, enhancing overall productivity, and requires both policy guidance and market participation [2]. - Financial systems play a crucial role in directing capital to specific sectors, alleviating resource misallocation, and supporting the integration of technology and industry [2][3]. Group 2: Financial Empowerment of Industry - The "Five Key Financial Articles" initiative aims to support industrial transformation and the development of new productive forces, with a strong focus on technology finance [4]. - Financial institutions are encouraged to provide targeted support to key sectors, such as integrated circuits and artificial intelligence, through differentiated credit policies and innovative financial products [4][5]. Group 3: Green Finance and Inclusive Finance - The banking sector is innovating green finance products to support low-carbon transitions and the development of green industries, with a focus on creating a multi-level green finance service system [6]. - Inclusive finance initiatives are being developed to meet the diverse financial needs of small technology enterprises and support elderly care services [6]. Group 4: Integration of Finance and Real Economy - Deep integration of finance with various economic scenarios is essential for building a unified national market, enhancing resource allocation efficiency, and promoting consumption [7][8]. - The establishment of a convenient payment system and customized financial solutions for industries is being prioritized to facilitate the flow of information, logistics, and capital [8]. Group 5: Commitment to High-Quality Development - The company is committed to implementing the directives from the 20th Central Committee, focusing on high-quality development, efficient resource allocation, and supporting the construction of a unified national market [9].

Core Insights - The article highlights the financial reforms in Wanzhou District, aimed at enhancing service efficiency and optimizing the business environment to support the development of a significant urban sub-center in Chongqing [1] Financial Performance - As of September 2023, Wanzhou District reported a total deposit and loan balance of 349.072 billion yuan, marking a year-on-year increase of 14.62%, with loans specifically increasing by 20.98% to 125.842 billion yuan [1] - Green loans reached 22.35 billion yuan, reflecting a substantial year-on-year growth of 50.04% [1] Industry Support - Chongqing Chang'an KuaYue Vehicle Co., Ltd. has successfully launched the new pure electric X3 mini truck, with plans to produce and sell 175,000 vehicles this year, including over 40,000 new energy vehicles, a 57% increase year-on-year [3] - The company received over 100 million yuan in technology transformation loans from the Industrial and Commercial Bank of China, which facilitated critical upgrades in equipment and processes [3] Agricultural Financing Innovations - Wanzhou District has introduced an "integrated garden credit" model, with a planned rolling credit of 5 billion yuan, of which 1.082 billion yuan has already been granted to the industrial park [4] - The district has also implemented an "integrated chain credit" service model, providing 756 million yuan in loans to 4,350 chain operating entities in the agricultural sector [4] Green Transformation Initiatives - The new plant of Chongqing Jiulong Wanbo New Materials Technology Co., Ltd. was completed in 18 months, supported by a 1.5 billion yuan transformation loan from Chongqing Rural Commercial Bank, which was 30 basis points lower than standard loan rates [6] - The district has provided loans totaling 8.09 billion yuan to 188 project library enterprises, resulting in a carbon reduction of over 3 million tons, approximately 30% of the district's average carbon emissions in recent years [7] Inclusive Financial Services - Wanzhou District has developed a financing plan to address the challenges faced by agricultural enterprises lacking collateral, introducing products like "Agricultural Facility Mortgage Loans" and "Knowledge Value Credit Loans," totaling 558 million yuan for 467 enterprises [9] - The district has also launched unique financing products tailored to local specialties, such as "Grilled Fish Loans" and "Rose Orange Loans," converting unique resource endowments into tangible industrial development momentum [9] Future Directions - The Wanzhou District government plans to continue the "Financial 'Vitality' for All Industries" initiative, encouraging financial institutions to innovate products and optimize processes to support small and micro enterprises and rural revitalization [10]

Core Viewpoint - The People's Bank of China (PBOC) in Yuncheng has effectively supported the green and low-carbon transformation of traditional high-carbon industries by implementing key measures aligned with the national "dual carbon" strategy, including the successful issuance of a loan for a coking industry transformation project [1][2][3] Group 1: Financial Support Initiatives - The PBOC Yuncheng branch has facilitated the first coking industry transformation loan of 80 million yuan to Shanxi Sunshine Coking Group for a dry quenching project, which is expected to reduce carbon emissions by 5.22 kg per ton of coke produced [1] - In the first half of this year, the PBOC Yuncheng branch collaborated with six departments to issue implementation opinions to enhance financial support for the city's green and low-carbon transformation [1] - A template for environmental information disclosure reports was developed to provide a clear policy framework for local financial institutions to engage in transformation finance [1] Group 2: Capacity Building and Professional Support - The PBOC Yuncheng branch has organized multiple policy briefings and product matching meetings to enhance the service capabilities of financial institutions in addressing the complexities of high-carbon industry transformations [2] - A "precision drip irrigation" strategy was implemented to identify and support financial institutions with strong transformation service intentions, providing one-on-one regulatory guidance to improve their professional skills in project identification and risk management [2] Group 3: Coordination and Collaboration - The PBOC Yuncheng branch has played a pivotal role in connecting enterprises with financial resources by clarifying the scope of support for transformation finance and establishing efficient communication platforms [3] - The branch facilitated discussions between the local branch of SPD Bank and Shanxi Sunshine Coking Group to address financing challenges and project transformation paths [3] - Independent third-party evaluations were introduced to scientifically verify carbon reduction goals and the feasibility of transformation plans, leading to customized credit solutions [3]

Core Insights - The report highlights the urgent need for diverse financial support in the green shipping sector, estimating that global shipping must invest between $1 trillion to $1.9 trillion to achieve net-zero emissions by 2050 [1][17]. Group 1: Current State of the Green Shipping Industry - Internationally, the IMO's "Net Zero Framework" establishes mandatory emission reduction and carbon pricing mechanisms effective from 2028, while the EU has included the shipping industry in its carbon trading system [2]. - Domestically, China has introduced the "Green Development Action Plan for Shipbuilding Industry (2024-2030)," outlining development goals for 2025 and 2030 [2]. - Technologically, the industry focuses on three main areas: clean energy, energy efficiency improvement, and carbon capture, with LNG and methanol fuel ships already in large-scale use [2]. - The industry chain shows characteristics of "upstream concentration, midstream leadership, and downstream dispersion," with coastal provinces like Shanghai, Jiangsu, and Shandong forming industrial clusters [2]. Group 2: Financial Support Pathways and Comparisons - Domestic financial support encompasses three main areas: debt, equity, and insurance, with a focus on medium to long-term loans and green bonds [3]. - Internationally, a mature financing system has emerged, centered around the "Poseidon Principles," with widespread use of green bonds and sustainable development-linked loans [3]. - Compared to international markets, domestic funding sources are less diverse, relying heavily on policy guidance, with a need for improved environmental benefit quantification and market mechanisms [3]. Group 3: Shanghai's Practices and National Challenges - Shanghai has developed a three-pronged model of technological clusters, market-based emission reductions, and financial innovation, including integrating 31 shipping companies into the local carbon market [4]. - Nationally, challenges include insufficient market incentives, the absence of shipping in the national carbon market, and low participation from social capital in green shipping financing [4]. Group 4: Development Recommendations - The report suggests enhancing policy and market coordination, developing composite financing, enriching financial products, and increasing infrastructure investment to support the green shipping ecosystem [5].

Core Insights - The implementation of the "Green Finance Support Project Directory (2025 Edition)" accelerates China's economic green transformation [1] - The national carbon market has seen over 700 million tons of carbon emission allowances traded, with a clearing amount exceeding 100 billion [1] - The development of carbon finance is transitioning from concept to market practice, driven by market expansion and product innovation [1] Group 1: Market Dynamics - The green finance landscape is expanding, with national-level funds leading the way in equity investment, crucial for tackling transformation challenges [2] - The National Green Development Fund (initially 88.5 billion) and Baowu Carbon Neutral Equity Investment Fund (total scale of 50 billion) are at the forefront, supported by several local funds [2] - A shift in the role of large banks is noted, moving from debt providers to active equity participants, enabling a "loan-equity linkage" model [2] Group 2: Financial Instruments - Public REITs for green infrastructure are emerging as key financial tools to bridge investment and financing gaps [2] - As of May 2025, 66 public REITs have been issued, raising nearly 180 billion, with a secondary market value targeting 200 billion [3] - REITs facilitate the securitization of stable cash flow green infrastructure assets, attracting social capital for green infrastructure investment [3] Group 3: Precision in Green Finance - Green finance practices are evolving from a broad approach to a more precise and efficient model [4] - A case study highlights a bank providing a 100 million special green loan for a solar project using an "agriculture-solar complementary" model, linking environmental performance to loan pricing [4] - A 150 million transformation loan was issued to a paper company, adhering strictly to local transformation financial standards [4] Group 4: Standardization and Future Directions - The People's Bank of China is leading the development of transformation financial standards for key sectors, emphasizing a systematic approach [5] - The challenge lies in transforming traditional high-carbon industries, which are significant in GDP and employment [5] - Financial professionals express the need for carbon futures and enhanced transformation financial standards to prevent "greenwashing" [5]

Core Viewpoint - China Everbright Bank will host a parallel forum on "High-Quality Development of Green Finance to Assist Carbon Peak and Carbon Neutrality" during the 2025 Financial Street Forum, where it will officially release the "Green Finance White Paper" [1] Group 1: Green Finance Initiatives - The "Green Finance White Paper" will outline international green finance theories and China's green finance policies, showcasing the country's green finance product system and Everbright Group's unique advantages in integrating comprehensive finance with green industries [1] - Everbright Group has established a "1+4+1+N" collaborative service system in green finance, which includes collaboration among banking, securities, insurance, and asset management sectors, supported by Everbright Environment Green Ecology [2] - The company is innovating green finance products, including carbon footprint-linked loans and transformation loans, and is actively involved in green bonds and green asset securitization [2] Group 2: Technology Finance Initiatives - Everbright Group supports domestic substitution in critical areas and the transformation and upgrading of the manufacturing industry, focusing on key sectors such as memory and semiconductor materials [2] - The company provides a range of financial services, including IPOs, preliminary loans, equity incentives, and mergers and acquisitions, through its subsidiaries [2] Group 3: Service System for Innovation - Everbright Group has established a distinctive service system for new productive forces, including specialized branches for technology innovation to enhance service capabilities for tech enterprises [3] - The company has developed a three-tier product system (Moxing, Xinxing, Juxing) to meet the diverse financing needs of enterprises at different lifecycle stages [3]