1.The demand for green agricultural credit needs to increase the willingness of agricultural producers to green transformation
The development of green agriculture in China started late, and at present, China's agriculture is still in the development stage of "high input, high output, and high emission", and it takes only 30 years for agricultural carbon to peak to carbon neutrality, which is far lower than the buffer time of 50 to 70 years in Europe and the United States. According to the survey of 100 growers in the main soybean producing areas of Heilongjiang Province who have obtained green food certification, more than 90% of the growers said that green certified soybean products are consistent with the uncertified market, and the downstream acquisition end only pays attention to protein and other nutrients, and green certification does not improve planting efficiency, but the certification fee and the reduction of drugs in the green production process will raise the cost and affect the yield to a certain extent, and the willingness of farmers to green transformation is not strong, and the credit demand for green agricultural transformation and upgrading is less.
2.The matching degree between credit services and the development needs of green agriculture needs to be strengthened
Technological innovation and low-carbon transformation of agricultural systems will take a long timeframe. At present, most of China's agricultural credit funds are mainly short-term credit funds, which cannot meet the cyclical needs of green agricultural development. In order to carry out medium- and long-term credit support, the expected income of the bank must exceed the cost of providing credit funds. At present, the downward space of loan interest rates in the agricultural field has been small, and the regional nature of green agriculture development is strong, and it is difficult for financial institutions to explore medium and long-term credit support models with stable income, replication and promotion, which restricts financial support for the development of green agriculture. In addition, agricultural science and technology research and development, energy conservation and emission reduction technology promotion and other key links have the characteristics of large capital demand and high risk, and the current financial support for agriculture is still dominated by bank loans, and its characteristics do not match the risk and return of the above links. The development of green agriculture requires the extensive involvement of all kinds of capital, and innovative financial support programs based on the risk and return characteristics of various types of funds such as fiscal, developmental, and commercial.
3.The development of carbon sink function in green agriculture needs to be improved
With the acceleration of the transformation of agricultural development mode, the gradual increase in the scale of agricultural carbon sink is the development trend, and agricultural carbon sink trading has broad prospects, which is not only conducive to increasing farmers' income, but also promoting the transformation of traditional agriculture to green and low-carbon agriculture, and promoting the development of carbon poverty alleviation in backward areas. However, at present, the agricultural carbon sequestration work has just started, and the market-oriented incentive mechanism has not yet been formed, and the positive externalities of carbon emission reduction in agricultural planting are difficult to be directly transformed into economic benefits. At present, there are few agricultural emission reduction projects that can enter the carbon market, the development of the agricultural carbon sink market is not perfect, the basic situation of agricultural "carbon sources" and "carbon sinks" is not clear, the relevant systems and policy mechanisms need to be improved, the construction of the agricultural carbon sink market is slow, and it is impossible to judge the future development space of green agricultural emission reduction, which also restricts the development of new carbon sink financial products such as carbon sink savings, carbon sinks, and carbon sink credit loans.
1.Improve the economic benefits of green agriculture and stimulate the demand for credit for green transformation of agricultural producers
The first is to establish a complete industrial chain of green agriculture. Learn from the experience of developed countries such as the European Union and the United States, as well as the practice of large overseas agricultural enterprises, enhance the economic value of green agricultural products, and improve the willingness of planting entities to green transformation and development.
Second, the policy guides green agricultural products to be different from other agricultural productsFor example, the establishment of a standard system for green agricultural products at the end of the collection and storage to enhance the market's awareness of the value of green agricultural products.
The third is to strengthen the application of digital technology in the field of green agriculture. Through the establishment of a complete digital system, the multi-dimensional changes in climate, land, and market demand in the agricultural production process are monitored, so as to help the planting subjects reduce costs and risks in the process of green planting, and improve the income of green agricultural production. Incorporate key emission reduction technologies in agriculture into the definition of green finance and transition finance. Build a green project library, put agricultural projects with obvious emission reduction effects into the library, and guide financial institutions to accurately connect. Encourage financial institutions and Internet platform enterprises to actively learn from international experience and adopt the "finance + technology" service model to provide digital financial solutions for promoting the green and low-carbon development of agriculture. Fourth, expand the downstream demand for green agricultural products. Promote the edible value of green agricultural products through multiple channels, establish a docking mechanism between downstream green food processing enterprises and green agricultural planting entities, and increase the scale demand of downstream processing enterprises for the production of green agricultural products.
2.Improve the policy system of financial support for green agriculture
The first is to strengthen cooperation with international institutions and enrich financing channels for green and low-carbon agricultural projects. Drawing on the experience and models of cooperation between foreign international institutions and international financial organizations, encourage the construction parties of agricultural green and low-carbon projects to cooperate with international organizations, multilateral development banks and other development funds, guarantee the establishment of a mixed financing system, and leverage more commercial funds to invest in agricultural green and low-carbon projects.
Second, banking institutions should take the initiative to increase green finance innovation and R&D, and launch a series of green agricultural credit products according to local conditions. Encourage rural financial institutions to give full play to the advantages of being close to the grassroots, provide differentiated financial services with "one enterprise and one policy", and focus on supporting the promotion of emission reduction technologies to new agricultural entities, small growers, and processing enterprises. We will continue to give full play to the guiding role of insurance institutions, relying on scientific and technological means, to efficiently identify the main body of agricultural green planting and processing.
The third is to refine the pre-management system for green agriculture projects and clarify the access conditions for credit funds. Reduce the proportion of financial funds in green agriculture projects, clarify how fiscal and financial cooperation can match and improve project revenues, strengthen the supervision and guarantee of funds in the later stage of project construction, and give full play to the supporting role of key projects in the transformation of green agriculture. Fourth, the establishment of provincial or municipal special guarantees, "three rural", and green development of small and medium-sized enterprises, give full play to the leverage of financial funds, and support the green development of "three rural" and small and micro enterprises. Increase direct financing investment in supporting agricultural science and technology research and development, cultivating leading processing enterprises, integrating brand resources, etc., and effectively alleviate the disorderly competition of "small, scattered and miscellaneous" agricultural processing enterprises.
3.Accelerate the construction of a green agricultural carbon sink system
First, by strengthening financial support, subsidy reduction and exemption and other policy means, effectively stimulate market vitality, and encourage more enterprises, new agricultural business entities and farmers to actively promote the development of agricultural carbon sinks. The second is to strengthen the publicity of the value of agricultural carbon sink products, and continuously improve the public's awareness and attention to agricultural carbon sinks. Strengthen the leading role of the market and give full play to the decisive role of the market in the allocation of resources. On this basis, we should gradually improve the policies, mechanisms and ways of agricultural carbon sink market trading, establish and improve the agricultural carbon sink market trading mechanism, and actively innovate the trading model. Third, financial institutions should actively participate in and support the construction of China's carbon trading market and water rights trading market. On the basis of the existing agricultural carbon ticket mechanism and agricultural product carbon labeling mechanism, new carbon sink financial products can be explored, such as carbon sink savings, carbon sinks**, carbon sink credit loans, etc. At the same time, expand the pilot scope of agricultural carbon sink trading and agricultural carbon sink market-oriented products, and boldly explore the effective path of agricultural carbon sink marketization.
For more information on carbon peaking and carbon neutrality, please pay attention to: Linhuan Carbon.
February** Dynamic Incentive Program