What does green finance mainly include?

Green finance, including green credit, green bonds, green insurance, ESG and carbon emissions trading, as well as empowering fintech and insurtech, is constantly changing and expanding in connotation and extension.

The definition of green finance:

1, the purpose of green finance is to support projects with environmental benefits, including supporting environmental improvement, coping with climate change and efficient use of resources;

2. The main categories of green projects are given, which is of great guiding significance to the definition and classification of various green financial products (including green credit, green bonds, green stock index, etc.). ) the future;

3. It is clear that green finance includes financial services supporting investment and financing, project operation and risk management of green projects, indicating that green finance includes not only financing activities such as loans and securities issuance, but also risk management activities such as green insurance, and also carbon finance business with multiple functions.

The characteristics of green finance:

1. Compared with traditional finance, the most prominent feature of green finance is to emphasize the interests of the living environment of human society. It regards the degree of environmental protection and effective utilization of resources as one of the criteria to measure the effectiveness of its activities, and guides all economic entities to pay attention to the natural ecological balance through their own activities. It emphasizes the coordinated development of financial activities, environmental protection and ecological balance, and finally realizes the sustainable development of economy and society.

2. Green finance is similar to policy finance in traditional finance, that is, its implementation needs the promotion of government policies. Under the guidance of the current policy and the idea of "economic man", the traditional financial industry either aims at economic benefits or takes it as its own responsibility to complete policy tasks. The latter is policy-driven finance. Environmental resources are public goods. Unless there is a policy, it is impossible for financial institutions to take the initiative to consider whether the production or services of lenders are eco-efficient.