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China's three swords for developing green finance refer to

refers to the three sharp swords of resource allocation, risk management and market pricing that give full play to financial support for green development.

1. through monetary policy, credit policy, regulatory policy, mandatory disclosure, green evaluation, industry self-discipline, product innovation, etc., we will guide and incite financial resources to tilt towards green innovation projects such as low-carbon projects, green transformation projects, carbon capture and storage.

2. Enhance the financial system's ability to manage risks related to climate change through climate risk stress testing, environmental and climate risk analysis, and risk weight adjustment of green and brown assets.

3. Promote the construction of a national carbon emission trading market, develop derivative products such as carbon futures, and reasonably price carbon emissions through trading.