Research On The Implementation Of The Low-carbon Finance Strategy In Domestic Commercial Banks

The process of the development of human civilization represents an acceleration forward posture, thus protection for the environment of human survival has gradually become the consensus of the community. Specialized terms like Low-carbon Economy, Carbon Finance, and Equator Bank has been appearing in the mass media with an increasing frequency especially during and after the Copenhagen climate change conference. At the request of the internal and external environment exemplified by the transition of Chinese economic development patterns, improvement of the livelihood conditions domestically and internationally, enhancement of the corporate social responsibilities of the commercial banks, intensification of their own profitability, commercial banks, as a vital part of the social community, are compulsory to formulate and implement effective strategic positioning of the Low-carbon Finance to achieve their own development leap again in the wave of Low-carbon economy.This thesis gives a brief description of the connotation and denotation of concepts like Low-carbon Economy, Low-carbon finance, and Corporate Social Responsibility, and an analysis on the necessity of the implementation of the Low-carbon Strategy for commercial banks via the application of large amounts of data and cases, also, a reference on advanced experience of commercial banks of domestic and foreign commercial banks and concrete practices among the trade. On this basis, this thesis puts forward a strategic positioning of the Low-carbon Finance for commercial banks to "Practice the promotion of the idea of Low-carbon actively and Implement the innovation of the financial services conscientiously" and elaborates on the following four strategic initiatives of the Low-carbon Finance.1. Practice the promotion of the idea of Low-carbon activelyCurrently, our country is advocating the development of the Low-carbon Economy; people are coming to be informed of Low-carbon lifestyle step by step. Domestic commercial banks, as business organizations, on one hand are bound to implement the sustainable management unremittingly and become the practitioner of the promotion of the idea of Low-carbon actively, on the other hand, can practice the Low-carbon Finance via "public innovation". By means of the expansion of public cause publicity, public cause-related marketing, social marketing, philanthropy, communities volunteer activities as well as the supply of responsible business practices, commercial banks should combine resources including the idea of Low-carbon Finance, products, services, technologies, education and training with businesses, communities and public causes, develop partnerships with clients, broaden channels of communication continually to make Low-carbon Economy and Low-carbon Finance be deeply rooted among the people.2. Implement the innovation of financial services conscientiouslyThe development of the Low-carbon Economy calls for the transformation and upgrading of traditional industries and provides a vast space for banks to implement the innovation of financial services at the same time. On one hand, commercial banks can supply new service products like credit consulting, financial products, low-carbon project financing to satisfy the vast demand of "Green Credit". On the other hand, commercial banks are bound to develop carbon-related financial services, and carbon-related fund, securities and trust along with it. Apparently, the innovation should not be limited to the innovation of financial services, it also covers the innovation of institutions, transactions and processes.3. Operate the implementation of Low-carbon financing transactionsLow-carbon financing transactions can be defined as commercial banks authorizes clients financing funds specially utilized in programs, which, raise the energy efficiency, explore and utilize new and renewable energy sources, reduce green house gas emissions, expand the application of energy-saving and emission-reducing equipments. Commercial banks usually give priority to credit transactions of this kind. This thesis puts forward divergent types of access standards and operation summary in terms of specific types of Low-carbon Finance.4. Execute the marketing of the Carbon-Finance product packagesCarbon Finance usually refers to financial activities servicing for the reduction of green house gas emissions. At present and within China, it is mainly on a series of financial services provided by major participants directed by the clean development mechanism (CDM). Major participants include Carbon sellers (project owner, sellers of CERs), Carbon purchasers (Carbon funds, international financial institutions and purchasers of CERs), and Carbon emission-reduction administrative and regulatory organization (Clean Development Mechanism Fund, CDMF).According to the major participants of CDM, this thesis divides the portfolio of CIB financial products to Carbon sellers product package, Carbon purchasers product package, Carbon emission-reduction administrative organizations product packages and Carbon-related transactions market product package and introduces available financial products under each product package.In the end, this thesis carries out an analysis and evaluation on the bank canse and realizes the translation from theory to practice.