Study On The Application Of Supply Chain Notes In Green Supply Chain Financing

In the process of achieving the goal of high-quality development in China,changes in the ecological environment can have an important impact on economic development.While maximizing the production efficiency of enterprises,we need to pay continuous attention to whether their production activities can meet green and low-carbon standards.At the same time,the problem of financing for SMEs is a long-standing and widespread phenomenon in China.Compared with traditional green finance,green supply chain finance can serve SMEs more precisely.2021 November11,"Green Carbon Chain Pass" financing business with supply chain notes was successfully implemented in TCL.The birth of "Green Carbon Chain Pass" not only enriches the practical experience of China’s supply chain notes business,but also provides new ideas for the subsequent development of green supply chain finance in other regions and industries.As an innovative instrument for financing,the supply chain notes give full play to their financing advantages and promote the green and low carbon cycle transformation of the real economy.This paper studies the application of supply chain note financing from the perspective of green supply chain finance.Firstly,the concepts of green supply chain finance,supply chain notes and supply chain notes platform are clarified,followed by the current situation and characteristics of China’s notes market,the overview of supply chain notes development and the feasibility of supply chain notes financing.Secondly,adopting the case study method,we introduced the background and core elements of the "Green Carbon Chain Pass" business from the perspective of TCL’s "Green Carbon Chain Pass" business.In addition,we analyzed the motivation of the "Green Carbon Link" business from both external and internal perspectives;compared the "Green Carbon Link" business with accounts receivable financing,commercial paper financing and green note financing,and concluded that The advantages of the financing model of "supply chain notes + carbon accounts" are summarized,and the constraints to the development of TCL’s "Green Carbon Link" business are also analyzed.Finally,based on the previous analysis,we summarize the case inspiration and put forward policy recommendations.According to this paper,the development of the "Green Carbon Link" business responds to the national call for the greening of accounts receivable notes,the goal of economic and social transformation,and the strategic demands of TCL Group’s own supply chain management and corporate social responsibility development.With its advantages in industrial chain,scientific and technological support and innovation,the "Green Carbon Chain Pass" business financing model has successfully relieved the "difficult to finance" and "expensive to finance" financial problems of supplier enterprises and stimulated green production and operation activities.It also stimulates the management of green production and operation activities.Finally,according to the results of the case analysis of TCL’s "green carbon chain pass",the case inspiration of promoting the use of innovative green supply chain financial products,forming a replicable Huizhou supply chain note model,and promoting the innovative development of green supply chain finance is summarized;the development of the supply chain financial service platform,the development of supply chain note business by small and medium-sized enterprises,and the increase of enterprise carbon accounts are summarized.The recommendations are made in terms of the development of supply chain financial service platforms,the development of supply chain bill business by SMEs,and the increase of enterprise carbon account management.