Jinwu Financial News | The green power concept rose collectively. CGN New Energy (01811) rose 5.56%, Huadian Power (01071) rose 3.49%, Huaneng Power (00902) rose 3.34%, China Electric Power (02380) rose 1.86%, and China Resources Electric Power (00836) rose 1.56%.
Recently, the National Development and Reform Commission, the Energy Administration, and the Ministry of Agriculture and Rural Affairs jointly issued the “Notice on Organizing and Implementing the “Operation to Harness the Wind in Thousands of Villages”, which proposes to promote local development and utilization of wind power in rural areas, innovate development and utilization scenarios, investment and construction models, and benefit-sharing mechanisms to provide strong support for the green and low-carbon transformation of rural energy.
Furthermore, the People's Bank of China, in conjunction with the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Ecology and Environment, the General Administration of Financial Supervision, and the Securities Regulatory Commission, issued the “Guiding Opinions on Further Strengthening Financial Support for Green and Low-Carbon Development”. The “Guiding Opinions” suggest that in the next 5 years, the world's leading financial support system for green and low-carbon development will be basically established; by 2035, various economic and financial green and low-carbon policies will be promoted collaboratively and efficiently, and the standard system and policy support system for financial support for green and low-carbon development will be more mature. The “Guiding Opinions” mention that financial institutions are encouraged to use green finance or transition finance standards to increase credit support for green development and low-carbon transformation in the fields of energy, industry, transportation, etc. under the premise of legal compliance, risk manageable, and sustainable business.