Tianjin Branch of the People's Bank of China: the first "financial transformation + carbon quota compliance" double-hook certification loan in Tianjin settled.

Recently, under the guidance of the Tianjin Branch of the People's Bank of China and the Tianjin Local Financial Regulatory Bureau, Tianjin Binhai Rural Commercial Bank successfully issued the first "transformation finance + carbon quota compliance" dual-linked certification loan in the city to Tianjin Xintian Steel Union Special Steel Co., Ltd. This is a landmark achievement in the innovative development of transformation finance in Tianjin, and has positive demonstrative significance for financial support for the green transformation of high-carbon enterprises. The total amount of this "transformation finance + carbon quota compliance" dual-linked certification loan is 50 million yuan, designated for the improvement of enterprise system energy efficiency and the substitution of clean energy, in line with the requirements of the People's Bank of China's "Catalog of Transformation Financial Support for Economic Activities" transformation technology paths. The dual-linked indicators are "carbon emission intensity of unit product" and "carbon quota compliance status." To ensure effective transformation, the bank has hired a third-party professional organization to track and monitor the indicators during the loan period, and it is expected to reduce carbon dioxide emissions by 175,400 tons.