The People's Bank of China and four other departments issued the "Opinions on the Service of Green Finance to Support the Construction of Beautiful China." The "Opinions" clarify that focusing on the actual needs of the construction of Beautiful China, coordinating and planning a number of landmark major engineering projects, and increasing financial support. In accordance with the requirements of promoting coordinated carbon reduction, pollution reduction, green expansion, and growth, focusing on the construction of the Beautiful China pilot zone, green and low-carbon development of key industries, in-depth advancement in pollution prevention and control, ecological protection and restoration, and other key areas, establishing a project library for the construction of Beautiful China to effectively enhance the accuracy of financial support.
"Opinions" emphasize the need to enhance the green financial service capabilities of financial institutions, enrich green financial products and services. Banks, insurance, securities, funds, and other financial institutions should base their functions on positioning, by improving work mechanisms, optimizing process management, promoting the application of financial technology, strengthening team building, and improving internal management systems to enhance the quality of green financial supply. Continuously increase green credit allocation, develop green bonds, green asset securitization, and other green financial products, strengthen green financing support. Focus on regional ecological and environmental protection projects, carbon markets, resource and environmental elements, Eco-Oriented Development (EOD) projects, diversified climate investment and financing, green consumption, and other key links and areas, intensifying innovation efforts in green financial products.