[Yi Gang: the "carrot" incentive mechanism for carbon emission reduction loans is moderate and market-oriented. Yi Gang, governor of the people's Bank of China, said at the opening ceremony of the 14th Lujiazui Forum today that with regard to carbon emission reduction loans issued by financial institutions to key areas, the people's Bank of China provides re-loan financial support according to the loan principal of 60%. The interest rate is 1.75%, which goes directly to green and low-carbon projects. The re-loans provided by the people's Bank of China to financial institutions should be recovered when due, and financial institutions grant carbon reduction loans to enterprises at their own risk. Such a "carrot" incentive mechanism is moderate and market-oriented. By the end of April this year, the balance of carbon emission reduction support tools was nearly 400 billion yuan, supporting financial institutions to issue loans of about 670 billion yuan, driving carbon emission reduction of more than 150 million tons, and achieved good results. (financial Associated Press reporter Wang Hong and Xu Chuan)