Enterprises that fail to comply with the standard will not be able to obtain bank loans; companies that do a good job in controlling pollution and protect the environment will receive returns in market transactions. Recently, the Hubei Provincial Environmental Protection Bureau announced new measures for environmental law enforcement and proposed to implement the "environmental value" policy.
The environmental protection department has contacted financial institutions and established a channel for information communication. The “Red and Black List†has been established, and the two companies that are not effective for pollution discharge and pollution control have been notified. The establishment of a "green credit system" will make it difficult for enterprises that fail to meet the standard to obtain loans. In the future, enterprises must obtain the emission rights from the market. The environmental capacity saved by companies that protect the environment will benefit from market transactions.
The environmental protection department has contacted financial institutions and established a channel for information communication. The “Red and Black List†has been established, and the two companies that are not effective for pollution discharge and pollution control have been notified. The establishment of a "green credit system" will make it difficult for enterprises that fail to meet the standard to obtain loans. In the future, enterprises must obtain the emission rights from the market. The environmental capacity saved by companies that protect the environment will benefit from market transactions.