At the just concluded 2022 Beijing Winter Olympic Games, a micro torch brought China’s concept of green environmental protection to the world. Earlier, the central economic work proposed that China’s carbon dioxide emissions strive to reach a peak by 2030 and achieve carbon neutrality by 2060. In the financial industry closely related to social development, Hunan Branch of China Construction Bank actively performs the responsibility of large state-owned banks, takes “serving the deployment of ‘double carbon strategy’ as the long-term key work, starts from the aspects of green energy, green ecology and green countryside, and provides green credit, green industry fund and green agriculture related loans, Promote green development with green financial services and contribute financial strength to the green background of Hunan Development Group Co.Ltd(000722) .
green credit helps green transformation of energy industry
Tens of thousands of installed dark blue polycrystalline silicon Cecep Solar Energy Co.Ltd(000591) battery panels are lined up like terraces on the barren mountain of Haochong village, wenmingpu Town, Qiyang County, Yongzhou City, Hunan Province. With the construction of Haochong photovoltaic power station, these barren mountains with scarce vegetation and no value began to “turn waste into treasure”, and the lives of villagers in Haochong village have quietly changed.
Haochong photovoltaic project adopts the new mode of “power generation on the shed and Planting under the shed”. The project occupies 335000 square meters of land, mainly for villagers to transfer land. By renting idle land, the per capita annual income of the whole village has increased by more than 1000 yuan. Haochong photovoltaic power generation adopts the agricultural photovoltaic complementary installation method, which is partly used for photovoltaic power generation and partly used for planting crops. This project successfully extends the income increasing industrial chain of Haochong village and has been unanimously recognized by the local people.
The photovoltaic project in Haochong village is one of the green credit projects of Hunan Construction Bank. In recent years, Hunan Construction Bank has actively implemented the development concept of “innovation, coordination, green, openness and sharing”, established a green finance committee and working leading group, established a green finance management and service system of “horizontal to the edge and vertical to the end”, actively carried out product and business model innovation according to market demand, and increased its support for clean energy, green travel Credit input in key areas of green credit such as resource recycling, gradually increase the proportion of green credit, and strongly support the development of green economy in Hunan.
At the same time, the bank opened up a green channel for green credit business, giving priority to acceptance and handling in project evaluation, compliance review and loan lending, so as to speed up the development of green finance. Since 2016, the average growth rate of green credit of Hunan Construction Bank has reached 36%. In 2021, green loans increased by 17.3 billion yuan, and the total balance reached 61.9 billion yuan. The growth rate of green credit reached a new high of 39%, and the growth rate of super full caliber loans was 23.46 percentage points; In January 2022, an additional 5.7 billion yuan was added, eight times that of the same period last year.
financial innovation promotes the successful implementation of ecological projects
As one of the core cities of the Yangtze River economic belt, the urban agglomeration in the middle reaches of the Yangtze River and the ecological economic circle around Dongting Lake, Changde City, Hunan Province, plays an important role in the improvement of water quality, wetland protection and ecological security of Dongting Lake. In April 2015, the Ministry of finance, the Ministry of housing and urban rural development and the Ministry of water resources took Changde as one of the 16 sponge city pilot cities announced by the state. The construction of sponge City advocates the natural accumulation, infiltration and purification of urban rainwater, optimize the surrounding water quality environment and promote the harmonious coexistence of ecological species.
Hunan Construction Bank actively responded to the call of the central government on the construction of ecological civilization, adhered to the Huxiang spirit of daring to be the first, innovated the way of credit, and took the lead in completing the first green industry fund in the industry and the system to support the construction of sponge city. By introducing diversified social funds, the fund has formed diversified and sustainable sources of funds, provided relevant support for local green economy construction, and achieved good social and economic benefits.
“Biodiversity makes the earth full of vitality and is the basis for human survival and development. The protection of biodiversity helps to maintain the earth’s home and promote human sustainable development.” After the treatment, the water ecology, water environment and water safety of Changde have been comprehensively improved, the water quality of the first-class water source protection area has reached class II, the number of species in the West Dongting Lake in Changde has continued to increase, and it has been approved as a national civilized and health tourism city, and the scene of “sunset and solitary ducks flying together” has been reproduced.
In Zhuzhou, more than 200 kilometers away from Changde, the story of Hunan Construction Bank supporting ecological environment construction continues. Once upon a time, Zhuzhou Qingshuitang old industrial zone was one of the “four major industrial pollution areas” in China. Heavy metal pollutants discharged across the “Mother River” – Xiangjiang River, seriously endangering the hydrological ecology of Xiangjiang River. In 2014, Qingshuitang old industrial zone was included in the relocation and reconstruction project of 21 old industrial zones in urban areas by the national development and Reform Commission. Since then, it has embarked on the transformation from “traditional industrial zone” to “ecological science and technology new town”.
“Green water and green mountains are golden mountains and silver mountains”. Hunan Construction Bank practiced the concept of green development and jointly established a syndicated loan for the PPP project for the overall development of industrial new town in Qingshuitang old industrial zone, Zhuzhou City, with a loan amount of 7.14 billion yuan to support the relocation and reconstruction of the old industrial zone.
With the support of CCB’s financial services, 261 polluting enterprises in Zhuzhou Qingshuitang old industrial zone were shut down and relocated. In 2019, they reduced chemical oxygen demand and ammonia nitrogen by 1800 tons and 190 tons respectively, and successfully withdrew from the key prevention and control areas of heavy metal pollution. With the comprehensive construction of the infrastructure “one bridge, one pond and twenty-two roads”, Qingshui Lake Park has been impounded into a lake, and Qingshui pond has become the first project to be redeveloped after soil remediation. A number of influential enterprises such as Sany, Greenland and Alibaba cloud have settled here one after another. After an unforgettable rebirth, Qingshuitang old industrial zone is accelerating to become a green ecological city.
Hunan Construction Bank takes environmental and social risks as an important evaluation basis for the selection of customers or projects, strictly implements the national industrial policies, resolutely withdraws from customers / projects within the scope of strict control such as environmental non-compliance, environmental violations, high pollution, backward production capacity and technology, and combines soft culture with hard indicators to improve the pace of green finance development. After the launch of innovative financial products such as green industry fund and syndicated loan, by the end of 2021, the balance of green loans of Hunan Construction Bank in the field of green upgrading of infrastructure and energy conservation and environmental protection industry had totaled 38.8 billion, with an annual increase of 10.6 billion yuan, accounting for 63% of all green loans, and effectively supported the development of local sponge cities, pollution control, green buildings and other environmental undertakings.
precise delivery to promote green development of agriculture related enterprises
Rural land is rich in resources and is an important battlefield for carbon reduction. Based on the basic improvement of rural financial infrastructure, Hunan Construction Bank has increased its support for green and low-carbon agricultural enterprises and rural collective economic organizations, accelerated the development of advantageous and characteristic industries in agriculture and promoted the prosperity of rural industries.
Located in the hinterland of Dongting Lake, Nanxian County of Yiyang City is a typical agricultural county. After years of exploration and promotion, the crayfish breeding industry in Nanxian county has formed a certain scale and characteristics. In 2019, Nanxian government proposed the “double shrimp driven” industrial development plan, and the “Nanxian Ecological Rice and shrimp town” project of Hunan Tongsheng urban and rural investment and Development Co., Ltd. is an important part of the development plan.
At the same time, it is not necessary to use the “ecological fertilizer” for the growth of rice, shrimp and other insects, and the “ecological fertilizer” for the small town to reduce the excretion of rice, shrimp and other pests. At the same time, it is not necessary to use the “ecological fertilizer” for the small town to grow rice and shrimp.
During the promotion of the project, effectively reduce the emission of nitrogen and oxygen compounds by 20 tons and save 1000 tons of water. Tens of thousands of villagers have grown delicious rice and lobsters, which has promoted the healthy growth of the surrounding villagers.
Following the policy guidance, Hunan Construction Bank actively supported the project financing needs of Hunan Tongsheng urban and rural investment and Development Co., Ltd., and the first new rural support loan of 350 million yuan was quickly issued.
While the ecological planting and breeding model is increasingly effective, CCB green finance also focuses on “turning waste into treasure”. Shunxiang Food Co., Ltd. is a downstream enterprise of crayfish industry in Nan county, Yiyang City, mainly engaged in the processing of crayfish and other aquatic products. In 2021, CCB issued a green loan of 80 million yuan to support the company in the construction of intensive processing project of shrimp shell health products. After the completion of the project, shrimp shell will produce shrimp protein powder, shrimp peptide, chitin embryo and other products through intensive processing, which not only improves the added value of crayfish industry, but also effectively solves the problem of environmental pollution caused by waste materials such as shrimp and crab shell for a long time, and promotes the ecological development of the whole industry chain of crayfish.
In recent years, Hunan Construction Bank has innovated and created three categories of 18 agricultural related loan product systems, supported agricultural leading enterprises, supported small and micro farmers, and helped the green ecological development of characteristic agriculture. By the end of 2021, the balance of the bank’s green agriculture related loans was 17.2 billion yuan, accounting for 28% of the total green loans, with a growth rate of 69%. Green finance promotes the revitalization of rural industries, and Hunan is making strides from a large agricultural province to a large ecological agricultural province.
