The Research On Mechanism And Incentive Mechanism Of Green-credit Policy

With the global promotion of sustainable development and harmonious society, green revolution spread rapidly on a global scale, green-credit policy as a product of the green revolution has also become essential to the development trend of the financial sector. " Green-credit Policy " as the first to introduce a sustainable financial products to meet the social, environmental protection, and in the process to find new business opportunities and new profit sources, so that the financial sector in sustainable development in the state. " Green-credit Policy " has been advocated by many countries, but China's current " Green-credit Policy " is designed to achieve the concept of The new policy. Green-credit Policy in China has just started, whether from a policy level or the current technical level, yet has mature and uniform standard to follow. And China's green-credit policy incentive mechanism is still very scarce, how to design appropriate incentives to achieve environmental protection, green credit and financial security, a win-win is important. At the same time green-credit policy incentives have a direct impact on the development of green credit in China, so the research of green-credit policy incentives at this stage, that also the question of this study was to issue.Relative to the development of foreign green credit maturity, China's green credit due to legal and financial systems and other areas is not yet perfect, can not fully mobilize the Bank's enthusiasm for green credit. And external pressures, that is, through various means of incentives to encourage banks to carry out voluntary green credit, settlement and development of green credit banks to maximize their own interests conflict, has become a major issue for green credit. This article first connotation of credit from the green, green credit and by analyzing the differences between traditional credit, credit for the definition of green, pointed out that through the green credit mechanism of the role of capital formation, capital-oriented role, the role of capital concentration, the role of capital controls and risk management role for social and environmental impact and its affect our way to explain the allocation of resources, systematic and comprehensive understanding of green credit. On this basis, the development of domestic and foreign credit and characteristics of green and comparative perspective, in order to further encourage green credit from abroad to find out the different forms of domestic credit and insufficient incentives for green performance of industrial pollution in China's legal costs of small community and high pollution and high energy-consuming enterprises it is often the main source of profit for banks, China has not given the green from the legal determination of credit status, but also not supporting the implementation of fiscal measures to make up the green bank credit losses and risk, and analysis of the The green credit mechanism mainly by imperfect communication, social responsibility, lack uniform green credit norms, lack of incentives green credit four factors. From this realistic basis, this study incentives for green credit carried out the analysis of the incentive mechanism was first defined, and through game to the Environmental Protection Agency, the People's Bank, China Banking Regulatory Commission and other regulators are carried out on the green credit for incentive compatibility analysis come to our current green credit mainly to take a relaxed approach as inadequate incentives, and the main body of the green credit incentives, the basis and manner analysis. Then this study by the Industrial Bank, "Financing Energy Efficiency" case analysis, combined with interviews to find out the current lack of green credit incentives. Finally, the study reached a sound green credit incentive mechanism is mainly through the establishment of supporting the tax system to encourage local governments with the support of green credit, green credit to develop the appropriate legal system to carry out three. New topics of this study, the research object of green credit, green credit mechanism as a basis for analysis, the green credit mechanism as a starting point the incentive comprehensive perspective of the development of China's green credit and incentive mechanism in China's less than green credit performance, up lack of domestic research in this area. In addition, this paper used the theory of mechanism design theory in the incentive compatible incentive for our credit department and the banks of the Game, by analyzing the reasons for our lack of incentives, combined with the practical reality of the case and interviews, through a combination of theory and practical case to study the shortage of green credit incentives put forward China's green credit and then complete the proposed incentive mechanism. As our country in the green credit and incentive mechanism are relatively small, this study can be appropriate to make up for lack of research in this area, while able to have a system of green credit knowledge, perspective and abroad of China green credit green credit gap and the green credit abroad than in China to be an advanced and better for our country's government, EPA, the Banking Bureau to carry out green credit, establish and improve the incentive mechanism to provide a green credit references and recommendations.