# "Double carbon bank" goal By [Primo](https://paragraph.com/@primo) · 2022-04-09 --- At the end of the year and the beginning of the year, the winter sun is bright. Hougong village, a national key cultural relics protection unit located in zuofeng Town, Jinxi County, welcomed a group of special guests. Under the joint guidance of Jiangxi Provincial Financial Supervision Bureau, Nanchang Central Branch of the people’s Bank of China, provincial development and Reform Commission and Provincial Department of ecological environment, the research group of the large-scale all media research and interview activity “green finance helps’ double carbon ‘work” sponsored by Jiujiang bank is conducting field interviews here. Carved beams and painted buildings are dotted with historic sites. In recent years, the trickle of green finance in Jiangxi is helping the ancient villages in Jinxi County represented by Gong Village to rejuvenate, and also enriching the representative green projects such as Zixi Liangshan transformation financial services and Jiangxi Kaima bailujia new energy vehicle. As the organizer of this event and the main force of green finance in Jiangxi, in recent years, Jiujiang bank has continuously cultivated the fertile land of green finance, continuously improved its green financial service capacity, accelerated the innovation of green financial products, and walked out of a differentiated and characteristic development path of Green Finance: set up the first green finance division in the province, and released the first green bill achievement in the country, Landing the province’s first single carbon emission right pledge financing, etc., and contributing “nine silver forces” to the green rise of Jiangxi and the realization of the dual carbon goal. Try to build a green franchise first In August 2017, when Ganjiang new area of Jiangxi Province was approved as the first batch of national green finance reform and innovation pilot zones, Jiujiang bank seized the opportunity and tried first, and took the lead in setting up a green finance business department in Jiangxi. Since then, it has begun the green finance development path of bravely breaking through the “no man’s land” and daring to wade into the “deep water area”. Improve the construction of green financial system and mechanism. In order to implement the green finance business, Jiujiang bank promoted the optimization of green finance organizational structure from top to bottom. The board of directors authorizes the strategy committee to exercise various responsibilities of green finance and promote the development of green finance to a strategic height; The head office established a leading group for green finance to promote green finance; Branches are equipped with special posts for green finance and establish efficient communication and docking channels for green finance; Write the market positioning of “green financial bank” into the corporate culture manual, incorporate green financial business into the performance appraisal system, and promote the concept of green development into the brain and heart. Establish and improve the green financial system. In recent years, the green franchised institutions of Jiujiang bank have blossomed in many places, the green financial system has been continuously improved, the green development vitality has been increasingly stimulated, and the local government has been continuously empowered to “turn green into gold”. In May 2020, in order to give full play to the policy advantages of Fuzhou approved national pilot city for the reform of ecological product value realization mechanism, Jiujiang bank took the lead in setting up the first ecological finance division in Jiangxi Province. In December of the same year, Yingtan branch of Jiujiang bank became the only green franchise banking institution at the same level of Yingtan City. In April 2021, Chongyi branch of Ganzhou branch of Jiujiang bank became a green franchise branch. We will increase the tilt of green credit. For businesses that meet the recognition standards of green credit, Jiujiang bank has opened up a “green channel”, implemented various policies to benefit enterprises, and earnestly tilted resources to green enterprises. By setting up a green finance evaluation and incentive mechanism, Jiujiang bank incorporated the development of green finance into the comprehensive performance evaluation of its branches, gave preference to differentiated business resources, and comprehensively stimulated the endogenous driving force of the development of green finance. According to the data, by the end of 2021, the balance of green credit of the whole bank was 18.052 billion yuan, an increase of 6.289 billion yuan over the beginning of the year, an increase of 25 times over the end of 2017. Take multiple measures to cultivate the “engine” of green development Jiangxi Kaima bailujia Bus Co., Ltd. is an old state-owned bus manufacturer. It has successively completed the development of multi-national customized new energy vehicles such as 6127 hydrogen electric fuel cell tourist vehicles in Australia. Novel coronavirus pneumonia affected the first half of 2020. The cycle of resumption and resumption of production was extended and the supply chain suffered a lot. The demand for goods after delivery increased. Seeing this situation, Jiujiang bank took the initiative to provide door-to-door service and effectively supported green enterprises such as Kaima bailujia to resume production with the innovative green bill financial product “Jiuyin green bill financing”. In addition, Jiujiang bank also created conditions for “turning green into gold”, actively opened up the transformation path, and watered the flowers of green industry with financial running water. On August 7, 2021, with the carbon emission quota of Ganzhou Huajin Paper Co., Ltd. as the pledge guarantee, Jiujiang bank issued a bank acceptance bill of 5 million yuan to realize the first carbon emission quota pledge financing business in Jiangxi and inject financial power into this green enterprise. “The green and low-carbon transformation and development cannot be separated from financial support. Based on the new era, Jiujiang bank, as a local financial institution, should play a promising role,” said the relevant person in charge of Jiujiang bank. It is understood that in early 2020, Jiujiang bank shouldered the social responsibility of financial institutions, released the country’s first green bill project and the country’s first green bill research results, launched the special product of green bill “Jiuyin green bill financing”, and completed the first landing in Ganjiang new area. At present, the green bill product has been successfully copied and promoted to Nanchang, Fuzhou, Shangrao, Guangzhou and other places. By the end of 2021, the cumulative acceptance amount of green bills in the bank was 1.809 billion yuan, the cumulative discount amount of green bills was 2.572 billion yuan, and the bank had handled rediscount of 1.502 billion yuan, which effectively supported the development of green industries such as green buildings, new energy vehicles and resource recycling. In recent years, in view of the difficulties and pain points in the development of green fields and industries, Jiujiang bank has solidly promoted the innovation of green financial products and services, continued to increase financial support for the field of green development, injected a steady stream of financial power into the development of carbon reduction, carbon reduction, low-carbon and carbon fixation industries, and launched the country’s first “hand-in-hand financial management” and “green home loan” to support green sanitation projects; Launch the country’s first green financial leasing platform “green silver leasing link” to innovate the enterprise green financing business model; Launch the first pledge financing business of carbon emission rights in the province; Launch products such as “smart agricultural loan” and “photovoltaic agricultural loan” to help rural revitalization; Launch ESG themed financial products, invest in green assets and provide fresh water for green and low-carbon transformation. Deepen cooperation and polish the green financial brand As a local bank in Jiangxi, in order to effectively help local green and low-carbon transformation, Jiujiang bank has always put deepening green financial cooperation in an important position, actively done a good job in environmental information disclosure, continued to promote the concept of green development and guide social investment --- *Originally published on [Primo](https://paragraph.com/@primo/double-carbon-bank-goal)*