According to the CITIC Construction Investment Research Report, the green and low-carbon transformation is entering a stage of deepening implementation where the three forces of policy, standards, and capital work together. At the domestic level, the “15th Five-Year Plan” carbon peak action plan and supporting mechanisms are being implemented in a systematic manner. The institutional framework for zero-carbon parks, carbon markets and transition financing is gradually being developed, and the connection between green electricity, green certification and carbon accounting continues to be deepened, and the transformation is moving from top-level design to an operational implementation path; at the global level, ESG standards convergence and net zero constraints are evolving in parallel, providing increasingly clear expected coordinates for enterprises to invest in low carbon. In terms of market capital, the monthly issuance of domestic ESG bonds reached a new high during the year, and overseas ESG funds maintained net inflows and rebounded to 3.7 trillion yuan.

According to the CITIC Construction Investment Research Report, the green and low-carbon transformation is entering a stage of deepening implementation where the three forces of policy, standards, and capital work together. At the domestic level, the “15th Five-Year Plan” carbon peak action plan and supporting mechanisms are being implemented in a systematic manner. The institutional framework for zero-carbon parks, carbon markets and transition financing is gradually being developed, and the connection between green electricity, green certification and carbon accounting continues to be deepened, and the transformation is moving from top-level design to an operational implementation path; at the global level, ESG standards convergence and net zero constraints are evolving in parallel, providing increasingly clear expected coordinates for enterprises to invest in low carbon. In terms of market capital, the monthly issuance of domestic ESG bonds reached a new high during the year, and overseas ESG funds maintained net inflows and rebounded to 3.7 trillion yuan.