Carbon sink mortgage loan law

Carbon sink mortgage loan is a loan issued through purchase right, carbon option contract and carbon fund. On March 12, Industrial Bank landed the first carbon sequestration pledge loan in Fujian Province through Nanping Branch, providing 20 million yuan of financial support for the state-owned forest farm in Shunchang County. This is also the first long-term agreement repurchase project of forestry carbon sinks in the province. Under the guidance and support of the provincial and local banking supervision departments, the provincial association and the carbon sink resource management department of the forestry group, the first pledge loan of forestry carbon sink in Daxing 'anling Rural Commercial Bank was successfully issued to Tuqiang Forestry Bureau.

First, the carbon sink mortgage loan law

Carbon sink finance is a new financial model that has developed rapidly in recent years. Forestry carbon sink pledge loan is a loan based on forestry CCER pre-purchase right, carbon option contract and carbon fund. Under the general trend of global warming, the carbon trading market has been further opened, and the market scale of carbon trading derivatives has reached one trillion yuan. Financial institutions at home and abroad are looking for suitable carbon sink loan projects, and the future development of carbon sink finance is limitless.

Second, the introduction of carbon sequestration mortgage loans

Our region is rich in forest resources and is a national key ecological demonstration area. The location advantage of developing forest carbon sinks is very obvious, and the development potential of forest carbon sinks is huge. Daxing 'anling Rural Commercial Bank actively implements the development strategy of low-carbon economy advocated by the state, and fully implements the relevant requirements of provincial associations to implement green credit. Taking the development of carbon sequestration afforestation project by Tuqiang Forestry Bureau as an opportunity, we first seized the opportunity. After obtaining the filing letter issued by the state, the bureau immediately signed a comprehensive cooperation agreement on carbon sink finance with Forestry Group Corporation and Tuqiang Forestry Bureau, and started credit granting.

To sum up, the size of the loan depends on the personal financial needs. Under this premise, I need to consider my economic repayment ability to avoid excessive repayment amount and pressure. As for the loan term, generally speaking, the longer the loan term, the higher the interest rate and the greater the interest burden of the borrower. Generally, the car loan is 3-5 years, and the housing loan 10-30 years.