Advancing China's Sustainable Blue Economy 2025

Page 32 of 34 · WEF_Advancing_China's_Sustainable_Blue_Economy_2025.pdf

32Overview of China’s Blue Finance Standards Practices Policy Title Year Key Participation OrganizationEffect/ significanceSupport for the Sustainable Blue Economy sector Catalog of Green and Low-Carbon Transition Industries (2024 Edition)2024 National Development and Reform Commission (NDRC), Ministry of Industry and Information Technology (MIIT), Ministry of Natural Resources (MNR), etc.Refines the specific connotations and requirements of related industries to strengthen the direction of green industrial developmentIncludes green ship manufacturing (excluding shipyard construction), advanced port loading and unloading equipment manufacturing, green ship low-carbon upgrading, major river and sea water environment management, ship and port pollution prevention, marine energy development and utilization equipment manufacturing, marine oil and gas equipment manufacturing, marine energy utilization facility construction and operation, green fisheries, marine ranch construction and operation, marine ecology, coastal area and island ecological restoration, green ports and waterways, investigation and regulation of sewage outlets into rivers and seas and their standardized construction, carbon trading, etc. Catalog of Supported Projects for Green Bonds (2021 Edition)2021 People's Bank of China (PBOC), NDRC and China Securities Regulatory Commission (CSRC)As provided a stable framework and flexible space for the development of green bonds in China, which will enable China's green bonds to focus more on the green and low-carbon development strategy.Key areas include water environment management in major river basins and sea areas, pollution prevention and control for ships and ports, desalination of seawater and brackish water, green ship manufacturing, development and manufacturing of marine energy utilization equipment, construction and operation of wind power generation facilities, construction and operation of marine energy utilization facilities, stock enhancement and marine ranching construction and operation, green fisheries, comprehensive management of sea areas, coastal zones, and islands, as well as the construction of shore power facilities at ports and docks. China Green Bond Principles2022 Green Bond Standards CommitteeMarks the official establishment of a unified domestic and internationally aligned standard for green bonds in China, which explicitly defines blue bonds.The scope of recognition is based on the Green Bond Endorsed Projects Catalogue (2021 Edition). Blue Bond: In line with the requirements of the China Green Bond Principles, the proceeds are invested specially to finance projects related to marine protection and sustainable use of marine resources to support sustainable marine economic activities and promote the sustainable use of marine resources.Appendix 2
Ask AI what this page says about a topic: