The evaluation results will be incorporated into the central bank’s financial institution ratings. By the end of the first quarter of this year, the 2/4  BIS central bankers' speeches  outstanding green loans in domestic and foreign currencies nationwide totaled RMB13 trillion, up 24.6 percent year-on-year, which was 12.3 percentage points higher than the growth rate of various loans in the same period.
As required in the Report on the Work of the Government this year, the PBC is working on instruments providing direct support for the reduction of carbon emissions by providing eligible financial institutions with low-cost funds, and thereby encourages them to provide financing at preferential interest rates for projects with significant impact on carbon emission reductions.