I. Highlights of the Action Plan
1. Highlight political stance, in line with major national strategies.
2. Advance with systematic measures, improving the supply capacity of green finance.
3. Strengthen market orientation, giving full play to the decisive role of the market in resource allocation.
4. Leverage Beijing's strengths, emphasizing financial support for Beijing's green industry development.
5. Attach importance to the empowering role of technology, making full use of the lead of Beijing's FinTech.
II. Main contents of the Action Plan
1. Improve the market functions of green finance, including promoting the green transformation of financial institutions, enhancing credit services for green projects, supporting green bond financing, boosting the development of green investment and green insurance, enhancing the innovation capacity for green financial products, encouraging green enterprises to go public and refinance, advancing the orderly development of green trading, and improving the layout of green financial resources in the Beijing Municipal Administrative Center.
2. Support the development of green industries and the green city, including financing industrial upgrading in a targeted manner, increasing financial support for green architecture and transportation, as well as in coordinated governance over agricultural, rural modernization and environmental protection, actively piloting national climate change investment and financing programs, and promoting the transition to green lifestyle.
3. Deepen international cooperation on green finance, including promoting international investment and financing in green industries, building international green think tanks, deeply participating in global governance over green finance, and holding high-level green finance forums.
4. Improve infrastructure for green finance, including speeding up the establishment of a pool of green projects, empowering green service chains with FinTech, exploring ways to build a green finance standard in line with the international one, and establishing and improving the mechanism for preventing and defusing risks in green finance.