碳中和愿景下我国转型债券发展探析:构建适用的评估机制及政策建议

Analysis of the Development of China's Transition Bond under the Carbon Neutrality Vision Policy Recommendations for an Evaluation Mechanism

“双碳”背景下,我国低碳转型市场不断扩容,转型金融产品正加速发展。发展转型债券将有效降低高碳企业低碳转型融资成本,拓宽企业融资渠道。在我国当前尚未出台转型金融权威标准,转型债券市场发展刚起步的情况下,构建转型债券评估机制将有助于转型债券未来规模化、高质量发展。而转型债券评估原则、评估内容与方法、评估标准作为评估机制的重要因素,需尽快统一明确。此外,尽快明确转型金融标准、建立系统化政策激励机制、强化与专业机构的合作及监管是未来转型债券政策完善的思路与方向。

In the effort to achieve the twin goals of"carbon peaking and carbon neutrality",there is a growing demand for products that enhance the transformation to a low-carbon market in China.As such,the development of transition financial products is accelerating.Developing transition bond will effectively reduce the financing costs of this transformation for high-carbon enterprises and broaden their financing channels.The transition market in China is in the early stages of development,however.In the absence of authoritative standards for transition finance,building an evaluation mechanism for transition bond products would contribute to the scale and quality of development in the future.As such,it is important that transition bond evaluation mechanisms and principles,evaluation content and methods,and evaluation standards need to be unified and clarified.In addition,clarifying the standards for transition finance,establishing a systematic policy incentive mechanism,and strengthening cooperation with professional institutions are all essential components in the improvement of transition bond policies in the future.