Research On Green Credit Asset Securitization

As environmental pollution and other ecological problems become more and more serious,developing green industry and adjusting industrial structure become more and more important and urgent,which also puts forward new requirements for financial development.In order to comply with this requirement,China’s financial industry began to try to carry out green asset securitization,and the green credit asset securitization actively explored by banking and other depository institutions has become an important force to promote the green economic transformation.At present,green credit asset securitization is still in the early stage of development,and the issuance scale accounts for a low proportion of the overall green finance market.Green credit asset securitization will be the backbone of the development of green finance in the future.In this background,this article on the basis of existing literature and theory,inductive combed the development status quo of China’s green credit asset securitization,analyzes the advantages and disadvantages of green asset securitization,the selected case built 2019 rong "go" is the latest issue of green credit asset backed securities,its large scale and high degree of standardization,typical,It can provide reference for other scholars to study this field and innovative reference for other banks to issue green credit securitization.In this paper,from the asset pool quality,cash flow,income distribution,issue cost,issue effect and other aspects,comprehensive use of charts and data,this paper carries on a comprehensive and in-depth analysis of the whole case.In this paper,the development scale of green credit asset securitization in China is small,but there is still a great space for development.Secondly,the green certification of green assets can help investors better understand the environmental protection degree of their products and alleviate information asymmetry.On this basis,this paper puts forward the corresponding policy recommendations,including: the construction of system,policy support,the standard green financial construction,set up innovative green credit endorsement,the introduction of the third party rating to increase credit level,combining both to improve the quality of the asset-backed securities and promote the healthy development of China’s green credit ABS.