GB/T 45490-2025 Terminology for green finance English, Anglais, Englisch, Inglés, えいご
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ICS 03.060
CCS A 11
National Standards of the People's Republic of China
GB/T 45490-2025
Terminology for green finance
绿色金融术语
(English Translation)
Issue date: 2025-03-28 Implementation date: 2025-03-28
Issued by the State Administration for Market Regulation
the Standardization Administration of the People's Republic of China
Contents
Foreword
1 Scope
2 Normative reference documents
3 Basic terminology
4 Green credit terminology
5 Green Securities Terminology
6 Green Insurance Terms
7 Terms for green funds, green trusts, green leases and green notes
8 Terminology of environmental interests
9 Carbon market and carbon finance terminology
10 Green Assessment Certification and Rating Terminology
11 Terminology of environmental benefit, environmental cost and ecological compensation mechanism
12 Green Finance Statistical Terminology
13 Green financial guarantee mechanism and institutional terminology
Bibliography
Index
Terminology for green finance
1 Scope
This document defines general terms for green finance.
This document is applicable to green finance, as well as related investment, financing, management, scientific research, teaching, communication, publishing and other fields.
2 Normative reference documents
There are no normative references to this document.
3 Basic terminology
3.1
green finance
financial activities to support economic activities such as environmental improvement, climate change response, and resource conservation and efficient use
3.2
climate finance
support financial activities to combat climate change
Note: Climate investment and financing aim to achieve nationally determined contributions and low-carbon development. It is an important part of green finance. The scope of support includes both mitigation and adaptation.
3.3
sustainable finance
financial sector makes investment decisions with due consideration to the United Nations Sustainable Development Goals and environmental (E), social (S) and governance (G) factors, thereby increasing investment in sustainable economic activities and projects, or otherwise contributing to improving financial activities on ESG issues
Note: Environmental considerations include mitigation and adaptation to climate change, as well as broader environmental issues such as protecting biodiversity, combating pollution and developing a circular economy.
3.4
green finance system
strengthen institutional arrangements for financial support for the comprehensive green transformation of economic and social development and the construction of a beautiful China
Note: The green financial system supports both green economic activities and transitional economic activities.
3.5
transition finance
financial services to support economic activities and business entities that mitigate climate change, have high carbon emissions or are difficult to reduce areas to transition to low carbon emissions or near-zero emissions
Note: Transformation finance not only supports specific economic activities (including production facilities and projects), but also supports the overall transformation of business entities.
3.6
green asset
resources formed by a specific accounting entity in transactions or events related to green economic activities, which can be measured in monetary terms and are expected to bring definite benefits
3.7
energy efficiency financing
financial activities such as financing provided by financial institutions for energy conservation and energy efficiency improvement projects and corresponding risk identification and management measures
3.8
energy management contracting
energy-saving service mechanism agreed by an energy-saving service company and an energy-consuming unit in the form of a contract
Example: The energy-saving service company and the energy-consuming unit agree on the energy-saving goal of the energy-saving project. The energy-saving service company provides necessary services to the energy-consuming unit in order to achieve the energy-saving goal. The energy-consuming unit pays the energy-saving service company's investment and reasonable profits with energy-saving benefits, and realizes The full cost of energy-saving projects is paid with reduced energy costs.
3.9
green supply chain financing
support the financial activities of upstream and downstream enterprises in the industrial chain to manufacture and circulate green products
Note: Green supply chain financing includes two categories: narrow sense and broad sense. The broad sense of green supply chain financing also includes financing activities carried out by financial institutions to support upstream and downstream enterprises to meet the green requirements of core enterprises.
3.10
green economic activity
related economic activities that help achieve resource conservation and environmental friendliness
Note: Including resource conservation and efficient utilization, reduction of pollutant emissions, response to climate change, ecological environment construction and protection, development and utilization of clean energy, etc.
3.11
nature-based solution
actions that protect, conserve, restore, sustainably use and manage natural or improved land, freshwater, coastal and marine ecosystems to respond effectively and adaptively to social, economic and environmental challenges while generating benefits for human well-being, ecosystem services, resilience and biodiversity
4 Green credit terminology
4.1
green credit
green loan
loans issued by financial institutions to enterprises (institutions) legal persons and other organizations or individuals stipulated by the state that can serve as borrowers to support economic activities such as environmental improvement, response to climate change, and resource conservation and efficient utilization
4.2
energy efficiency credit
credit provided by financial institutions to energy-consuming units to improve energy efficiency and reduce energy consumption
4.3
sustainability linked loan
various types of loan instruments used by financial institutions to encourage borrowers to achieve sustainable development goals
5 Green securities terminology
5.1
green bond
raised funds will be used exclusively to support green industries, green projects or green economic activities that meet the prescribed conditions, and securities issued in accordance with legal procedures and repaid principal and interest as agreed
