International Experiences in Green Finance Development

69 Appendix: Green Finance Development in Beijing, Shanghai, Shenzhen and Guangzhou Time Policy Content Institution 2021 Guiding Opinions on Strengthening the Construction of a Green Finance Franchise System for the Banking Sector in Shenzhen (for Trial Implementation) The guidance requires that banks participating in the construction of green finance franchise systems should establish standardized green finance business processes and effective risk management mechanisms from the top down, and set up special middle and back office support departments or positions for green finance business. Shenzhen Local Financial Supervision Bureau 2022 Guidelines on Environmental Information Disclosure for Financial Institutions in Shenzhen This guideline sets out requirements for enterprises engaged in financial business in Shenzhen, including banking financial institutions, insurance financial institutions, securities financial institutions and other organizations engaged in financial services, to improve the disclosure of environmental information and enhance the quality of environmental information disclosure. Shenzhen Local Financial Supervision Bureau