financial institutions should establish/improve their ESG risk management system and factor ESG requirements in crediting encourage financial institutions to set green finance departments promote innovative products such as green bond, green ABS, environmental insurance, climate insurance, etc.
Guiding Opinions for the Reform on Coordinating and Promoting a Property Right System for Natural Resources Assets
By 2020, a property right system for natural resource assets with confirmed ownership, clarified rights and responsibility, strict protection, smooth transfer and effective supervision should be established.
groundwater pollution control targets to be included in the central environmental protection inspection; establish the legal system and monitoring system by 2025; by 2035, to achieve the overall improvement of groundwater quality and the rehabilitation of the ecosystem
reform on agricultural water price; gradually improve price mechanism for urban water supply, residential water price to cover the cost, non-residential water price to reasonable profit; increase the differences between special water use and non-residential water use; higher price for excessive water use; set a competitive price for reclaimed water to promote its utilisation