2025年12月底，经国务院同意，生态环境部、中国人民银行等7部门联合印发《粤港澳大湾区美丽中国 先行区建设行动方案》（以下简称《行动方案》），明确将"绿色金融改革创新"列为大湾区三大先行突 破方向之一，旨在构建适配区域绿色发展的现代金融支撑体系。 粤港澳大湾区作为我国开放程度最高、经济活力最强的区域之一，以绿色金融改革创新破局，既是其自 身实现绿色低碳转型的内在需求，也将为全国探索区域绿色金融协同发展提供"湾区样本"。这一战略部 署不仅为大湾区美丽中国先行区建设注入金融"活水"，也能为全国层面推动绿色金融区域协同、形成可 复制可推广的经验开辟实践路径。着眼长远，为保障《行动方案》有效实施，助力2030年基本建成粤港 澳大湾区美丽中国先行区的目标，笔者认为，推动绿色金融创新政策落地见效，需重点在以下4个方面 着力。 聚力标准协同，打破跨区壁垒 《行动方案》明确提出要"推动绿色金融和转型金融标准落地"，直击大湾区绿色金融标准不统一痛点， 也是衔接国家《绿色金融支持项目目录（2025 年版）》《关于进一步强化金融支持绿色低碳发展的指 导意见》等顶层设计，确保区域创新服务国家全局的关键。 当前，大湾区绿色金融标准差 ...

另悉，2025年，全国法院受理保险纠纷39.2万件，同比增长21.3%。各地法院通过多元化解纷、发布示 范判决等方式，依法维护保险消费者合法权益。如北京朝阳法院发布保险纠纷审判白皮书，为保险行业 健康规范发展提供司法指引。 （文章来源：中国经营报） 在助力绿色金融方面，上海金融法院、南京中院、杭州中院、合肥中院、苏州中院依托长三角金融司法 合作机制，共同发布《以高水平金融司法厚植高质量发展绿色底色的倡议》，引导金融"活水"流向绿色 领域。 在助力普惠金融方面，全国法院持续抓好最高法院2号、4号司法建议的落实，坚持金融服务实体经济理 念，强化金融消费者权利保障，普惠金融纠纷源头治理、多元化解成效明显。2025年，司法建议对应的 信用卡纠纷、保证保险纠纷增幅分别低于民商事案件增幅10%、13%。广西高院针对脱贫人口小额信贷 涉诉情况开展专门调研，分析引发纠纷的因素、涉诉风险情况等，向金融机构提出工作建议及对策。 在助力养老金融方面，着力提升适老化司法服务保障水平，重点审查金融机构金融产品销售的"适当性 义务"，以温情司法守护"银发人生"。上海金融法院审理的一起涉八旬老人理财案件，明确银行对违法 销售人员的管理责任 ...

茂名市金融系统紧紧围绕茂名高质量发展大局，抢抓一揽子货币政策扩容机遇，"快落实、准对接、强 推动、优服务"推动各项支持政策在落地，为产业升级、乡村振兴、绿色转型、民生改善注入强劲金融 动能。2025年，金融系统呈交了一份亮丽成绩单：全市金融机构各项贷款余额2957.05亿元，同比增长 5.14%，金融"五篇大文章"贷款余额增长15.4%，其中制造业贷款增长31.1%，增速高居全省第1；全市 保费收入116.53亿元，增长3.18%。 一、制造业"提档加速"，信贷助力"五链共建"向"多链共建"拓展 茂名深入实施"五链共建"向"多链共建"拓展战略，金融业聚焦"制造业"压舱石，以项目为牵引、园区为 载体、招商为抓手加大支持力度，助力茂名现代化产业体系加速成型。一是金融、财政、产业政策协同 发力。全年累计落地央行政策资金72.69亿元，比上年增长2.5倍，"中小微转贷资金"等政策平台持续发 力，为地区高质量发展注入强劲动力。创新"一企一策一专班"全流程服务模式，为重点建设项目融资及 运用再贷款、财政贴息等政策提供全天候服务，为传统产业升级、新兴产业壮大和未来产业布局注入低 成本增量资金。全年银行机构对科创和技改企业项 ...

Core Viewpoint - China's green finance system is achieving significant results under policy guidance and market drive, with green loan balances expected to reach 44.77 trillion yuan by the end of 2025, a year-on-year increase of 20.2% [1][9]. Group 1: Green Finance Development - The recognition of green finance in China has evolved from a straightforward categorization of projects like solar and wind energy to a more nuanced approach that aligns with the EU's "do no significant harm" principle [1][9]. - The 14th Five-Year Plan aims to establish 100 national-level zero-carbon parks, integrating green finance as a key tool for achieving low-carbon transformation [3][11]. Group 2: Financial Support Mechanisms - A new 1 trillion yuan relending quota for private enterprises will support green technology upgrades in zero-carbon parks, laying a foundation for enhanced green finance support during the 14th Five-Year Plan [4][13]. - The People's Bank of China offers low-interest financial support for various projects in zero-carbon parks, with individual projects eligible for up to 60% of total investment as relending support at an interest rate of 1.25% [5][14]. Group 3: Challenges and Solutions - Green finance faces challenges such as a decrease in easily implementable low-carbon projects and the lack of market returns for cutting-edge technologies like CCUS [6][15]. - To address these issues, collaboration among institutions is necessary to enhance project profitability and financing viability, alongside continuous financial innovation [6][15].

Group 1: Characteristics of Green Finance Development in 2025 - Six major characteristics of green finance development in China include unified standards and expanded boundaries, with multi-department collaboration to build a comprehensive support system[3] - Transition finance has become a core focus, with standards being developed for key industries like steel and coal, leading to approximately 67 billion CNY in transition loans issued by August 2025[11] - The market for green financial products has diversified, with innovations such as biodiversity loans and sustainable development-linked bonds emerging[13] Group 2: Current Challenges and Future Trends - Despite growth, the overall service efficiency of green finance remains low, with a mismatch between supply and demand, particularly for small and medium-sized projects[30] - The green finance market is transitioning from "scale surpassing" to "quality and quantity rising," facing challenges like insufficient innovation and a lack of robust infrastructure[34] - By 2026, green finance is expected to be fully integrated into the national strategic system, enhancing its role in supporting green development and driving industrial restructuring[35] Group 3: Carbon Market Developments - The carbon market saw a trading volume of 235 million tons in 2025, a year-on-year increase of approximately 24%, with a total transaction value of 14.63 billion CNY[26] - However, the average carbon price fell by 23.4% to 62.36 CNY per ton due to policy adjustments and supply-demand mismatches[26] - The carbon market's operational mechanisms are being optimized, with efforts to promote international recognition of market standards[29]

Group 1: Characteristics of Green Finance Development in 2025 - Six major characteristics of green finance development in China include unified standards and expanded boundaries, with multi-department collaboration to build a comprehensive support system[2] - Transition finance has become the core of development, with local standards being introduced in key reform areas, covering advanced technology and significant carbon reduction[2] - Diverse innovation in green financial products, with ESG investments and passive products facilitating the introduction of long-term green capital into the market[2] Group 2: Current Challenges and Future Trends - China's green finance is transitioning from "scale catch-up" to "quality and quantity improvement," facing challenges such as low supply efficiency and insufficient product innovation[3] - The overall service efficiency of green finance remains low, with a need for improved infrastructure and better alignment of supply and demand[3] - By 2026, green finance is expected to be fully integrated into the national strategic system, with a focus on enhancing market structure and service capabilities[5] Group 3: Market Dynamics and Innovations - The carbon market is expanding, with a trading volume of 235 million tons in 2025, a 24% increase year-on-year, although the average trading price decreased by 23.4% to 62.36 yuan per ton[28] - Innovative financial products are emerging, such as biodiversity loans and sustainable development-linked bonds, which support low-carbon transition projects in various industries[15] - The integration of digital finance and green finance is accelerating, with digital RMB supporting green consumption and cross-border trade, enhancing user engagement[25]

2025 年 1 月 20 日，商道融绿与中国责任投资论坛联合发布《中国责任投资十大趋势 2026》，为市场各方把握责任投资与绿色金融发展方向提供参考。商道 融绿作为国内领先的 ESG 专业机构，其数据登陆彭博终端，也是多项国际绿色金融准则的参与方；中国责任投资论坛则是推广 ESG 理念的重要国际交流平 台，长期开展行业交流与研究成果发布工作。 2026 年作为 "十五五" 开局之年，成为中国责任投资发展的关键节点，十大趋势围绕政策导向、金融产品、减排要求、风险管控、信息披露、国际发展、新 兴领域风险等维度展开。政策层面，金融 "五篇大文章" 协同推进成为核心，绿色金融与普惠、数字金融等融合创新，助力绿色贷款保持两位数增长。金融 产品端，挂钩型产品持续增长，转型金融标准在多行业落地，但第三方评估认证成为防范 "漂绿" 的关键。 减排工作迎来全面升级，中国更新国家自主贡献承诺，减排覆盖全经济范围和全部温室气体类型，碳市场持续扩容，有序转型成为国内外共识，政策将兼顾 稳增长与减碳需求。气候风险管控愈发重要，极端天气被纳入金融机构压力测试框架，电力、农业等气候敏感型行业的物理风险评估成为金融机构风控重 点。 信息披 ...

随着绿色金融市场的快速发展，相关的资讯和数据变得越来越丰富。绿色金融周报从宏观视角和机构绿 色金融实践等角度，关注绿色金融领域的最新前沿动态，追踪绿色金融市场的最新趋势，为绿色金融相 关参与方提供决策依据和参考。 一、重点关注 日前，中华（澳门）金融资产交易股份有限公司与祺鲲科技平台发布"离岸绿色债券直通车"平台。平台 整合MOX澳交所联通境内外资本市场的通道优势与祺鲲科技在ESG数据管理、绿色认证领域的技术积 累，通过"国际认证+数据透明+全程追溯"三位一体的服务模式，为中国绿色企业搭建起通往国际资本 市场的高速路。 21碳中和课题组快评：沪澳联手打造的离岸绿色债券直通车平台，既降低了企业跨境绿色融资的成本与 门槛，也推动了跨境绿色金融标准的互认互通。 1.沪深北交易所发布三项环境议题披露细则 日前，上海、深圳、北京证券交易所正式发布修订后的《上市公司可持续发展报告编制指南》，增 加"污染物排放、能源利用和水资源利用"三项应用指南。三项议题的均采用统一的三章结构：第一章聚 焦风险与机遇评估，第二章明确数据核算方法，第三章则列出信息披露要点。《指南》并未新增强制性 披露要求，其定位更偏向于提供可操作模板。 2 ...

Core Viewpoint - China is committed to achieving carbon peak and carbon neutrality goals, emphasizing the importance of green and low-carbon development as part of its ecological civilization strategy [1] Group 1: Green Transition in Qinghai - Qinghai is positioned as a crucial ecological security barrier and clean energy hub, tasked with accelerating green transformation and promoting high-quality development [1] - The province must enhance the cultivation and introduction of green low-carbon talent to integrate green industries with economic development [1] Group 2: Green Low-Carbon Education - Qinghai's higher education institutions are urged to implement the national education framework for green low-carbon development, focusing on key areas like energy storage, hydrogen energy, and carbon capture [2] - A collaborative innovation approach across disciplines is necessary to train talent in climate change, energy transition, and ecological protection [2] Group 3: Promoting Green Low-Carbon Concepts - The integration of green low-carbon development into political theory courses is essential for fostering a deep understanding among students regarding carbon peak and neutrality goals [3] - Innovative and interactive educational models should be developed to enhance practical learning experiences for students [3] Group 4: Establishing School-Enterprise Cooperation - Enterprises play a vital role in green low-carbon industry development and should collaborate with educational institutions to foster talent and technological innovation [4] - A systematic talent cultivation plan should be established through school-enterprise partnerships, combining theoretical knowledge with practical skills [4] Group 5: Creating Green Low-Carbon Job Opportunities - The development of green professions is essential for achieving carbon reduction goals and enhancing environmental safety [5][6] - The emergence of new green jobs, such as those in clean energy and energy efficiency, reflects the growth of new industries and business models [6] Group 6: Building a Participatory Technical Support System - Qinghai aims to create a technology support system that encourages public participation in carbon reduction actions, enhancing awareness and engagement [7] - The system should facilitate the integration of digital technology and energy data to promote a culture of green behavior among citizens [7]

北京绿色金融与可持续发展研究院 绿色建筑与可持续规划中心 2026 年 1 月 版权声明 本报告版权归北京绿色金融与可持续发展研究院（北京绿金院）所有。本报告用于在特定领域 的研究与交流，未经北京绿金院授权，请勿转载、摘编或以其他方式使用其内容。如引用报告内容， 应清晰注明来源。如有内容或合作等问题，请通过如下电邮联系我们：info@ifs.net.cn 北京绿色金融与可持续发展研究院（北京绿金院）是一家注册于北京的非营利研究机构。我们 聚焦 ESG 投融资、低碳与能源转型、自然资本、绿色科技与建筑投融资等领域，致力于为中国与 全球绿色金融与可持续发展提供政策、市场与产品的研究，并推动绿色金融的国际合作。北京绿金 院旨在发展成为具有国际影响力的智库，为改善全球环境与应对气候变化做出实质贡献。 研究指导 马骏 北京绿色金融与可持续发展研究院 院长 课题组组长 张青林 北京绿色金融与可持续发展研究院 绿色建筑与可持续规划中心 主任 课题组成员 肖明智 北京绿色金融与可持续发展研究院 研究员 陆春华 北京绿色金融与可持续发展研究院 研究员 祝子翀 北京绿色金融与可持续发展研究院 助理研究员 致 谢 本课题立项及研究 ...