On July 9, the country’s first “Marine VEP Loan” was successfully issued in Dongtai, Yancheng. Dongtai Branch of Postal Savings Bank granted a 100-million-yuan loan to the Smart Ecological Fishery Project of Dongtai Qingyu Zaodi Co., Ltd. This innovative financial product uses Value of Ecological Products (VEP) as the core collateral, driving the deep integration of ecological finance and the green economy. It pioneers a new pathway to “capitalize the green assets”, injecting fresh momentum into local ecological conservation and economic development. 

The concept of VEP (Value of Ecological Products) originates from the State Council’s 2021 policy document Opinions on Establishing and Improving the Realization Mechanism of Ecological Product Value, gradually becoming a key driver for advancing ecological civilization. As a pioneer in VEP accounting, Jiangsu Province introduced an implementation plan in 2022 to actively explore mechanisms for realizing ecological product value and promote the development of green finance.