Highlights of this issue: the government work report adds the content of “developing green finance”; National Development and Reform Commission: accelerate green and low-carbon transformation and reform; In 2021, the new grid connected capacity of photovoltaic power generation in China will be 54.88 million KW Postal Savings Bank Of China Co.Ltd(601658) release the action plan for carbon neutralization of carbon peak.
The government work report proposes to continuously improve the ecological environment and promote green and low-carbon development this year. We will strengthen pollution control, ecological protection and restoration, properly handle the relationship between development and emission reduction, and promote the harmonious coexistence between man and nature.
The carbon neutralization weekly report launched by the 21 carbon neutralization research group combs and counts the recent key news such as carbon neutralization macro policies and green finance, and is committed to discovering the value behind green and low-carbon development.
highlights of this issue: the content of “developing green finance” is added to the government work report; National Development and Reform Commission: accelerate green and low-carbon transformation and reform; In 2021, the new grid connected capacity of photovoltaic power generation in China will be 54.88 million KW Postal Savings Bank Of China Co.Ltd(601658) release the action plan for carbon neutralization of carbon peak
I. weekly report on carbon neutralization policy
1. Add “developing green finance” to the government work report
On the morning of March 11, the fifth session of the 13th National People’s Congress closed. The meeting voted and adopted the resolution of the fifth session of the 13th National People’s Congress on the government work report. After the revision of the government work report, contents such as “developing green finance” have been added.
The government work report proposes to continuously improve the ecological environment and promote green and low-carbon development. We will strengthen pollution control, ecological protection and restoration, properly handle the relationship between development and emission reduction, and promote the harmonious coexistence between man and nature.
Orderly promote carbon peak and carbon neutralization. Implement the carbon peak action plan. Promote the energy revolution, ensure energy supply, based on resource endowments, adhere to the first establishment and then destruction, and make overall plans to promote the low-carbon transformation of energy. Strengthen the clean and efficient utilization of coal, orderly reduction and substitution, and promote the transformation of energy conservation and carbon reduction, flexibility and heating of coal and electricity. Promote the planning and construction of large-scale wind and solar power bases and their supporting regulatory power sources, strengthen the construction of pumped storage power stations, and improve the consumption capacity of the power grid for renewable energy power generation. Support the development of biomass energy. Promote the R & D, promotion and application of green and low-carbon technologies, build a green manufacturing and service system, promote energy conservation and carbon reduction in iron and steel, nonferrous metals, petrochemical, chemical, building materials and other industries, and strengthen energy conservation in transportation and buildings. We will resolutely curb the blind development of projects with high energy consumption, high emissions and low levels. Enhance ecosystem carbon sink capacity. Promote the transformation from “dual control” of energy consumption to “dual control” of total carbon emission and intensity, improve the incentive and restraint policies for reducing pollution and carbon, develop green finance, and accelerate the formation of a green and low-carbon production and lifestyle.
2. National development and Reform Commission: accelerating the transformation and reform of green and low carbon
On the morning of March 7, the Information Office of the State Council held a press conference, which was attended by Lian Weiliang, Lin nianxiu and Hu Zucai, deputy directors of the national development and Reform Commission. They answered reporters’ questions around “upholding stability, seeking progress while maintaining stability, and promoting new progress in high-quality development”.
Lian Weiliang said at the press conference that the national development and Reform Commission will implement five major reforms, including the reform of promoting green and low-carbon transformation. We will do a solid job in carbon peak and carbon neutralization, improve the scientific assessment and statistical accounting system, and effectively avoid “one size fits all” and sports carbon reduction. We will accelerate the formation of an incentive and restraint mechanism for reducing pollution and carbon, and do a good job in the pilot trading of energy rights and green power. We will improve the resource price formation mechanism and promote important breakthroughs in the value realization mechanism of ecological products.
Hu Zucai said at the press conference that the national development and Reform Commission will firmly implement the strategy of expanding domestic demand, and one of the key tasks is to vigorously develop green consumption. Implement the implementation plan for promoting green consumption recently issued by the national development and Reform Commission. On the one hand, we should promote the expansion of the supply and consumption of green and low-carbon products. We will comprehensively promote green and low-carbon building materials, continue to support the consumption of new energy vehicles, and encourage local governments to carry out green smart appliances to the countryside and trade the old for the new. On the other hand, we should advocate a simple and moderate, green, low-carbon, civilized and healthy lifestyle and consumption mode to make green consumption a new fashion. We should enhance the people’s awareness of resource conservation, carry out in-depth food conservation actions such as “CD-ROM”, promote the greening, reduction and recycling of commodity packaging and circulation links, and strengthen the recycling of waste materials.
In response to a reporter’s question from the 21st Century Business Herald, Lin nianxiu said that the “14th five year plan” is the first five-year planning period after China’s “double carbon” goal was put forward. According to the deployment of the CPC Central Committee and the State Council, at the end of last year, the national development and Reform Commission issued the implementation plan for promoting the green and high-quality development of new infrastructure such as data center and 5g. We will make comprehensive arrangements to improve computing power and energy efficiency, optimize energy-saving models, innovate energy-saving technologies, and promote transformation and upgrading. In the next step, we will focus on this plan and adhere to both energy conservation and emission reduction. On the one hand, strengthen energy conservation. Support high-efficiency and energy-saving technology research, improve the energy efficiency index of super large data centers, and carry out in-depth 5g network energy-saving demonstration; On the other hand, focus on emission reduction. Promote the overall layout of 5g facilities, computing resources and renewable energy, support the transfer of more data centers to the western region rich in renewable energy, and gradually reduce carbon emissions while increasing the supply of computing power.
3. In 2021, the new grid connected capacity of photovoltaic power generation in China will be 54.88 million KW
On March 9, the website of the National Energy Administration announced the construction and operation of photovoltaic power generation in 2021. Data show that in 2021, China’s photovoltaic power generation added 54.88 million kw of grid connected capacity, including 256007 million kw of centralized photovoltaic power stations and 29.279 million kw of distributed photovoltaic power stations. By the end of 2021, China’s cumulative grid connected capacity of photovoltaic power generation was 305987 million KW, including 1984794 million kw of centralized photovoltaic power stations and 107508 million kw of distributed photovoltaic power stations.
Shandong has the largest new grid connected capacity of photovoltaic power generation in all provinces, autonomous regions and cities in 2021, ranking first with 10.709 million KW; Hebei ranked second, reaching 7.3 million kilowatts.
4. Zhang Jianhua: in 2021, the installed capacity of non fossil energy power generation exceeded that of coal power for the first time
Recently, Zhang Jianhua, Secretary of the Party group and director of the national energy administration, said in an interview with China electric power news that at present, the national energy administration has formulated a series of carbon peak policies in the energy field together with relevant parties, which are being issued and implemented one after another. This year’s energy work should be implemented from three aspects: fully ensuring safety, orderly promoting transformation and vigorously promoting innovation.
Zhang Jianhua said that in 2021, we will support the GDP growth rate of 8.1% with the growth rate of 5.2% of total energy consumption. The proportion of clean energy in total energy consumption reached 25.5%, 1.2 percentage points higher than that in 2020, and the proportion of coal consumption decreased to 56.0%, 0.9 percentage points lower than that in 2020.
In 2021, the installed capacity of non fossil energy power generation exceeded that of coal power for the first time, with an installed capacity of 1.12 billion kw, and the installed capacity of hydropower, wind power and photovoltaic exceeded 300 million KW.
Zhang Jianhua said that we should continue to expand the supply of clean energy, strengthen the optimal combination of traditional energy and new energy, and speed up the construction of a new energy supply and consumption system. On the one hand, accelerate the development of non fossil energy, promote the construction of large-scale wind power photovoltaic bases, promote the completion and operation of the first batch of 100 million KW base projects as soon as possible, and speed up the organization of the second batch of base projects; Actively promote the construction of hydropower bases, actively develop nuclear power in a safe and orderly manner, and complete a number of major projects such as Baihetan Hydropower Station and Fuqing No. 6. On the other hand, we should pay close attention to the clean and efficient utilization of coal, comprehensively promote the “three transformation linkage” of coal and electricity energy conservation and consumption reduction transformation, heating transformation and flexibility transformation, give play to the regulatory role of coal and electricity, and increase the consumption capacity of new energy.
5. The carbon neutralization report issued by Guangzhou carbon Institute suggests to establish a unified carbon neutralization Registration Platform
On March 12, Guangzhou carbon emission rights exchange released the carbon neutralization report (2021). The report shows that 136 countries around the world have proposed carbon neutralization targets, covering more than 88% of global carbon dioxide emissions, accounting for more than 90% of the world economy. Nearly 683 companies have proposed near zero emission related targets. Carbon neutralization has become a global consensus. On the day of release of the report, Guangzhou Carbon Research Institute released its 2021 carbon neutralization implementation report at the same time, announcing the realization of carbon neutralization of operational emissions in 2021.
The report found that enterprises in various industries have made different degrees of exploration and information disclosure in the process of carbon neutralization. Compared with other industries, financial institutions are currently more active and are in a leading position in terms of certification quantity and carbon emission accounting scope. Financial institutions in Guangdong Province have performed prominently in the national carbon neutralization action. In 2021, a total of 24 banks in Guangdong Province obtained the “carbon neutralization” certificate, accounting for 50% of the carbon neutralization cases collected by financial institutions, which has made an example for financial institutions to lead the national carbon neutralization cause.
The report suggests that the construction of carbon emission factor database should be started to consolidate the data base of carbon emission; Vigorously advocate carbon reduction first and promote social subjects to effectively reduce carbon; Accelerate the standardization and improvement of carbon offset product system, and promote the emission reduction of the whole society with carbon neutralization action; Strengthen the construction of standards and specifications for the whole process of carbon neutralization and standardize the behavior of carbon neutralization; Promote the establishment of a unified carbon neutralization Registration Platform and establish a standardized carbon neutralization information disclosure system.
6, 43 new cities will be added in 2021 to carry out the construction of national forest cities
On March 11, the bulletin on China’s land greening in 2021 issued by the office of the national Greening Committee showed that China has completed 3.6 million hectares of afforestation, 3.0667 million hectares of grass and grassland improvement, and 1.44 million hectares of desertification and rocky desertification land. 43 new cities were added to carry out the construction of national forest cities. More than 20000 “pocket parks” and more than 80000 kilometers of greenways have been built in China.
7. The trading volume of the national carbon market fell, and the carbon price remained relatively high
From March 7 to 11, the total turnover of the national carbon market carbon emission quota (CEA) was 1860 tons, with a total turnover of 10633600 yuan. The weekly trading volume of listing agreement trading was 1860 tons, the weekly turnover was 10633600 yuan, the highest transaction price was 58.00 yuan / ton, and the lowest transaction price was 57.00 yuan / ton. The closing price on March 11 was 57.60 yuan / ton, down 0.52% from March 4. There have been no large agreed transactions in the past week. As of March 11, the cumulative trading volume of the national carbon market carbon emission quota (CEA) was 188524619 tons, with a cumulative turnover of 817993562562 yuan.
II. Green finance weekly
1, Postal Savings Bank Of China Co.Ltd(601658) release the action plan for carbon peak and carbon neutralization
Recently, Postal Savings Bank Of China Co.Ltd(601658) issued the action plan of China Postal Savings Bank for implementing carbon peak and carbon neutralization, which defined the timetable and roadmap for the implementation of carbon peak and carbon neutralization, implemented the principle of responsible banking (PRB), and vigorously developed green financial services such as green loans, green financing and green bonds. The plan points out that the work plan of enterprise carbon accounting shall be formulated scientifically, the goal planning of branch carbon accounting enterprises shall be formulated differently, and the incentive and restraint mechanism shall be established. Incorporate carbon accounting promotion indicators into the credit management evaluation system, and issue relevant supporting policies. For enterprises cooperating in carbon accounting, preferential loan interest rates will be given, and green channel approval will be given priority in customer access, credit re inspection and other links.
2. Shenzhen Stock Exchange expanded the variety of green bonds and issued the first batch of green bonds for special services to marine economy
Recently, the Shenzhen Stock Exchange issued the first batch of green bonds specially serving the development of marine economy. On March 4 and 7, China Merchants Tongshang Financial Leasing Co., Ltd. (hereinafter referred to as Tongshang leasing) and China Guangdong Nuclear Power Wind Power Co., Ltd. (hereinafter referred to as China Guangdong nuclear power wind power) issued two green bonds successively in the Shenzhen stock exchange market, with a total scale of 3 billion yuan. Among them, the funds raised by commercial leasing are mainly used for the construction of offshore wind power installation ship project. After the project is completed, it will be used for the installation and construction of large offshore wind turbines, effectively filling the gap in China’s offshore wind turbine installation demand; The funds raised by CGN wind power are mainly used for the construction of Huizhou Port and Shanwei Houhu offshore wind power project, which helps to promote the development and utilization of renewable resources and the sustainable utilization of marine resources.
3, China Construction Bank Corporation(601939) “carbon preferential loan” is implemented to help power enterprises realize carbon quota balance
Recently, China Construction Bank Corporation(601939) innovatively launched the “carbon preferential loan” product, which gave a low-cost “carbon preferential loan” of RMB 200 million to Zhongshan Jiaming Power Co., Ltd. under the jurisdiction of CNOOC China Construction Bank Corporation(601939) “carbon preferential loan” product links the enterprise’s carbon emission intensity with the bank loan interest rate. The lower the carbon emission intensity or the greater the decrease, the lower the loan interest rate. It provides customers with an innovative financing mode under the rapid development of carbon trading market. Jiaming power has made positive contributions to Guangdong, Hong Kong and Macao Dawan District in terms of emergency standby, peak shaving power supply and energy supply. The enterprise’s carbon emission has gradually decreased at an average annual rate of 15.7% in recent three years, and has realized the balance of carbon quota.
4. Chengdu facilitated the first digital RMB carbon credit transaction in China
Recently, China Construction Bank Corporation(601939) Sichuan Branch assisted the “Diandian” carbon neutralization platform of Sichuan United environment exchange to open the digital RMB payment function. Sichuan Electronic Information Industry Technology Research Institute purchased carbon credit (CCER) through several currency payment to offset the carbon emissions generated by its own conference activities and realize the carbon neutralization of the current conference activities. This business is the first single online payment transaction of digital RMB in the field of carbon neutralization in China, and the “Diandian” carbon neutralization platform has thus become the first carbon neutralization service platform to access the application scenario of digital RMB in China.
5. Hunan issued 4.7 billion yuan of loans to support the great protection and green development of the Yangtze River
Recently, the Development Bank under the supervision of Hunan banking and Insurance Regulatory Bureau strongly supports the comprehensive treatment of Dongting Lake water environment and other actions. It has issued a loan of 4.7 billion yuan to help the implementation of the demonstration project of industry city integration of the Yangtze River Economic Belt in Changsha high-speed railway exhibition new town, and the integrated implementation of profitable and non profitable river treatment projects, so as to effectively improve the ecological environment and industrial environment of the core area.
Accelerate the planning and promotion of sewage and waste treatment business, supervise and give full play to the role of development finance, take sewage and waste treatment as an important starting point to help the great protection of the Yangtze River, and promote 25 projects to be included in the “100 counties and 100 billion” project library of the head office.
6, China Citic Bank Corporation Limited(601998) : personal “CITIC carbon account” beta online
On March 10, China Citic Bank Corporation Limited(601998) announced the launch of the internal beta version of “CITIC carbon account” for individual users. This is the first personal carbon account launched under the leadership of Bank Of China Limited(601988) government. The carbon reduction accounting of “CITIC carbon account” adopts the carbon emission reduction methodology recognized by the third-party authority. After the expert review organized by Shanghai Environment Group Co.Ltd(601200) energy exchange, users can record and query individual carbon emission reduction data in real time for energy-saving and emission reduction scenarios such as green travel, green consumption and green life. According to the calculation and prediction of “CITIC carbon account”, China Citic Bank Corporation Limited(601998) credit card users can reduce carbon emissions by more than 2 million tons through low-carbon behavior in online financial services every year, and the carbon emission reduction market potential of users in the future is huge.
7, tick travel free ride users will reduce carbon by 1145000 tons in 2021
Recently, the report card released by Dida travel shows that in 2021, the total carbon reduction of 205 million users of Dida free ride was 1.145 million tons, of which the carbon reduction of urban orders was about 500000 tons and that of intercity orders was about 645000 tons. From the perspective of carbon emission reduction of 1.14 million mu of afforestation project, it is equivalent to 2 million tons of carbon emission reduction. Calculated according to the average frequency of use, the average individual daily carbon reduction of tick hitchhiker users is about 9.86kg, and the average individual monthly carbon reduction is about 19.89kg.
(interns Zhao Yuxin and Wang Xumeng contributed)
