Eco-environmental Conservation Red Lines (ECRLs) Map Project
Problem and implemented solution
Chinese government implements strict measures of protecting core ecological area and established Eco-environmental Conservation Red Lines, which are conservation borsers set by governemnt indicating the areas that must be protected strictly. In this way, projects violating ECRLs should not receive financing service. ICBC's Eco-environmental Conservation Red Lines Map Project is mainly based on the Chinese government’s Eco-environmental Conservation Red Lines(ECRLs). Implementing ECRLs Map Project, ICBC embedded the requirements of ECRLs into the process of project loans, allowing its Global Credit Management System(GCMS) to automatically determine whether the project is within the scope of the eco-environmental conservation area. The projects in ECRLs will be carefully assessed for ecological environment risks by loan officers. Except for special cases such as ecological protection projects, financing support for those projects will not be provided by ICBC.
Nomination
Sky, Space And Communication Technologies
Topic
Geographic information systems
Estimated duration of implementation
About 2 years of the whole R&D process of the project. The project has worked constantly since then.
Implementation geography
China Mainland
Description of competitive advantages
ECRLs Map Project is the leading practice in nature-related data usage in Chinese banking industry. The application of ECRLs Map Project keeps ICBC's project financing strictly obeying the ECRLs policy, and helps ICBC effectively manage biodiversity risk, promoting ICBC's ESG risk management to be more intelligent, accurate and effective.
List of awards and prizes, media articles about the organization/individual or the Practice
ICBC won the Asset Triple A Country Awards for Sustainable Finance 2024
List of scientific works and IP connected with the Practice
geographic information systems
