Can the climate be investment and financing?Wuchang District National Pilot

Author:Wuhan released Time:2022.08.11

On August 10, nine ministries and commissions such as the Ministry of Ecology and Environment jointly issued the "Notice on the announcement of the list of pilot investment and financing of climate". Wuhan Wuchang District was ranked among them. As the only representative of Hubei Province, it was officially included in the nation's first batch of national climate investment and financing pilots.

Screenshot of the official website of the Ministry of Ecology and Environment.

The pilot of climate investment and financing was initiated by the nine ministries and commissions of the Ministry of Ecology and Environment. At the end of December 2021, the pilot application was launched nationwide.

Climate investment and financing refers to investment and financing activities in response to and promoting more capital investment in the field of climate change in order to achieve the national independent contribution and low -carbon development goals. Form strong assistance in the energy structure, industrial structure, production method and lifestyle that slows down and adapt to climate change.

Carrying out pilot work in places with good willingness, good foundation, and representativeness will help explore the development model of differentiated climate investment and financing, and form experience that can be replicated on the basis of local practice.

Carbon exchange building located in Wuchang District.

Wuchang District attaches great importance to it. With the strong support of the province and cities, as the only recommendation zone in Hubei Province, the climate investment and financing system with the confirmation of the central registered right of carbon emission rights as the pilot local characteristics, actively declare the national pilot, and successfully passed successfully The pilot review stood out among the 30 application areas across the country.

Wuchang District carries the national climate investment and financing pilot to have a unique first -mover advantage. The four characteristics have laid the foundation for Wuchang's approval pilot.

Economic and financial strength supports green development

Wuchang District is located in Wuhan City, Hubei Province. It is the province's political, economic, and cultural center. It is the core urban area of the city's finance, commerce, and engineering design. As the backbone of the Yangtze River Economic Belt and an important node of the “Belt and Road”, Wuchang carries major national strategies such as the high -quality development of the Yangtze River Economic Belt, the accelerated rise of the central region, and the coordinated development of the middle reaches of the Yangtze River.

Wuchang District has a high level of economic development and strong fiscal strength. In 2021, the regional GDP reached 166.4 billion yuan, and the local general public budget revenue reached 14 billion yuan. The top 100 districts ranks first in the province.

Wuchang District is the core area of financial financial resources. It is rich in financial resources. It has more than 360 regional headquarters and legal person financial institutions in the jurisdiction. In 2021, the value -added of the financial industry reached 43.6 billion yuan, accounting for a quarter of the city's financial industry's added value; financial institutions in the jurisdiction of the area under their jurisdictions The scale of local currency deposits exceeds 2 trillion yuan, and the total scale ranks first in the province.

Wuchang focuses on building a central financial city. The carbon financial clustering area with the carbon exchange building is rising strongly, showing the strong financial radiation and overflow effect on the Central China, which can provide financial factor support for the implementation of ecological construction and dual carbon strategy.

The carbon market has the lead in the country's leading in the country

Wuchang is the two major market operating institutions of Hubei Carbon Market (Hubei Carbon Diploma Center) and the national carbon market (medium carbon board). It has the national leading carbon market operation foundation.

Hubei carbon market participating entities have nearly 16,000 households, with a cumulative turnover of 8.7 billion yuan, accounting for more than half of the country. More than 90%of enterprises have reduced carbon intensity, and various indicators have maintained the forefront of the country.

As an important hub of the national carbon market support system, "China Carbon Deng" has undertaken the functions of the nation's carbon emission rights registration, transaction settlement, and distribution and contract. Essence

Carbon Finance's first single innovation prominent

Under the guidance of the People's Bank of China, Banking Insurance, and the Securities Regulatory Bureau, financial institutions in the area have actively carried out green financial innovation, continuously refresh the first record of carbon finance, promote the green "new engine", and activate the "new kinetic energy" of the economy.

For example, Wuhan Branch of Xingye Bank successfully completed the nation's first single carbon emissions pledge loan, Hubei's first single -water environmental governance project green bond, Hubei's first single rural revitalization bond (support ecological tourism), Hubei's first linked "carbon neutral" bond index Structural deposits and other carbon finance products.

The Hubei Carbon Communication Center has pioneered carbon funds, carbon custody and carbon pledge financing in the country, with a total of 2 billion yuan in innovative financing.

Design leads green transformation

The engineering design industry of Wuchang District has developed 4,700 engineering design companies and a group of national industry leaders, exporting 75%of the country's high -speed rail design, 65%ultra -high -voltage transmission power design, and 70%of the deep -founded pit design. Through engineering planning and design, the green and low carbon concepts are penetrated from the source to the fields of coal, power, transportation, and construction, leading green development.

For example, China Railway Fourth Court has created a group of new and old kinetic energy conversion "production and city integration" projects. Wuhan Ship Design and Research Institute has built the inland river green new energy ship demonstration zone. Design Institute leads regional green clean energy technology innovation. The vigorous development of the engineering design industry will also provide strong support for the planning and implementation of climate investment and financing projects.

The first anniversary of the national carbon market operation.

Enter the first batch of the country

After the list of climate investment and financing pilot,

Wuchang District will be from the following six aspects

Promote climate investment and financing work:

Cultivating a policy environment that is conducive to climate investment and financing

Comprehensively strengthen the support of financial investment and financing, give play to the collaborative role of fiscal policy and financial policy, and accelerate the implementation of the 10 billion carbon -to -peak fund. Establish a green financial evaluation index system, and incorporate climate factors related indicators into a comprehensive evaluation system for economic and social development. Formulate industrial restrictions, establish work accounts, and resolutely curb the blind development of the "two highs" projects. Improve climate -related incentive mechanisms, strengthen policy support for climate -friendly enterprises and projects, and submit to the implementation of major rewards in accordance with the principle of "one thing, one report". 02

Construction of "double carbon" element centralized registration system

Relying on the national carbon emissions registration and settlement system, the centralized registered registration platform for carbon reduction displacement is established, and the results of centralized registration and carbon footprint accounting and registration are carried out to promote the integration of the climatic governance factor market and promote the formation of a more accurate carbon price system.

Vigorously develop carbon finance around the carbon market

Release the national carbon market index, formulate the implementation rules for carbon emissions pledge business, explore the initial quota of carbon emissions for paid distribution, build a digital platform for the carbon market, promote the development of various types of carbon finance and carbon finance derivatives such as carbon asset securitization and carbon asset repurchase , Guide social capital to participate in investment and financing activities of low -carbon industry projects.

Cultivate the main body of the climate -friendly market

Establish a third -party certification rating system for carbon emission reduction, guide financial institutions to carry out climate -friendly business, establish a climate -friendly assessment mechanism for financial institutions, and promote the transformation and upgrading of the industry to green.

Innovative investment financing development model and green financial mechanism

Deepen the innovation of green credit product tools, steadily expand the total amount of climate bond issuance, promote carbon neutralization and climate insurance business, and encourage green enterprise IPO listing financing. Build a green low -carbon industrial park, establish climate risk compensation funds, establish a climate investment and financing project library, and explore the establishment of a national carbon -to -benefit mechanism.

Promote the gathering of various climate investment and financing resources

Use Wuchang college resources to cultivate talents at all levels of climate investment. Relying on technology exchanges to promote the transformation of low -carbon technology results. Strengthen international exchanges and cooperation, build a platform for international cooperation between climate investment and financing, and enhance the level of opening up of climate investment and financing.

The pilot foundation of climate investment and financing in Wuchang District has good foundation, strong demonstration, and high feasibility. The target settings are advanced. The work arrangements are innovative. The overall plan shows local characteristics and has important strategic significance for the green rise of the central region. Wuchang District has confidence, determination, foundation, and capable to undertake the pilot of national climate investment and financing, provides a copy of experience that can be replicated and promoted for the pilot work of the country, and formed the "Wuchang model" of climate investment and financing.

Edit Ruan Lin

Source Dacheng Wuchang Wuchang District Government runs the local financial bureau of Wuchang District Wuhan released