The Study Of Developing Green Credits In Commercial Banks Of China

Into the 21st century, accompanied by economic fast development and industrial sector rapid expansion, global environmental issues become more important. The warming of the climate, the melting of the glacier and the degradation of the environment are making grim challenges to the survival of humanity.Captial is the lifeblood of economic development and production development.So if we want to transform economic growth mode and restructure economic structure, banking sector share of strife. The international financial sphere has already recognize the enterprises and social responsibility of banks. They recognized that banks should make finance control of capital flows and encourage the funds to flow to the environmental protection and green and clean energy industry.And they have formed an international banking practice tradition——Equator Principles. At present, large international financial institutions all have been announced to comply with the Equator Principles,and have became Equator Principles Financial Institutions. Through approving project financing loan prudently, they effectively implemented the enterprises and social responsibility of the bank.Based on the Equator Principles, the principle of the green idea of finance developed all over the word. The conceptions like low-carbon economy, circular economy, green finance, green credits are now cominge into the concept of view.And the study of how can financial sector support environmental protection are continuously deepened.This article chooses green credits as the research object. After defining the content of the green credits,it summarizes the related theory and research achievements:First affirmed the strong positive correlation between the credit and economy,providing strong theoretical support to its follow-up studies.Then the article summarizes the green credit-related domestic and foreign research results. On this basis, the article analyzes the actuality of developing green credits in commercial banks of China:first,it analyzes the need for developing green credits in commercial banks of China. Then, it summarizes the development of green credits of China's commercial banks.At last,it pointed out the reasons why green credits are undeveloped in commercial banks of China.The next chapter describes the international experience and inspiration of developing green credits.Drawing on international experience, it proposes the development strategies of green credits in commercial banks of China.Hoping through the implementation of the recommendations and the measures,the article can help China's financial industry to develop green credit business, which will effectively promoting the continuous development of China's green economy, and ultimately achieve sustainable growth in economic development.