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General Office of the China Banking Regulatory Commission Opinions on Green Credit Implementation

Scope of Application

Guidelines for local China Banking and Insurance Regulatory Commission (CBIRC) offices, China Banking Association (CBA), policy banks, and other Chinese financiers.


Offers additional guidance to prevent losses from adverse environmental and social impacts and implement green credit standards.

General Key Points

Financiers should:

  • Strengthen internal assessment and evaluation mechanisms, processes, and capacities relevant to green credit. 
  • Pursue accountability when developers, contractors, and projects are exposed to high credit risks or reputational risks in a timely manner.
Key Points on Stakeholder Engagement

Financiers should:

  • Improve their information disclosure mechanisms.


Local CBIRC Offices should:

  • Disclose major environmental and social risks and urge financiers to improve risk prevention.
  • Strengthen communication with local authorities responsible for energy saving, emissions reduction, environmental protection, and work safety.
Key Points on Environmental and Social Impact Assessment

Local CBIRC Offices must:

  • Facilitate financiers' investigations into developers’ and contractors’ environmental and social risks.


CBIRC could:

  • Launch a dedicated inspection for regions and financiers exposed to high risks. 


Financiers should:

  • Focus on developers’ and contractors’ performance regarding energy saving, emissions reduction, environmental protection, clean production, work safety, and social impacts. 
  • Improve due diligence before lending, reviews of requirements during lending, and examinations of implementation after lending.


Financiers must: 

  • Work with companies to rectify problems and violations revealed through inspections.
Applies to
China Banking Regulatory Commission (CBRC) and China Insurance Regulatory Commission (CIRC) (now China Banking and Insurance Regulatory Commission (CBIRC))
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