On The Legal System Of "Bank Support Enterprise To Develop Low-carbon Economy"

Legal activities are purposive social practices. Research on the purpose theory of the legal system can provide guidance on the legislation, help to solve the hard problem of choice, instruct legal practice, and demonstrate the direction of academic research. With the growing conflict between economic development and resources environment, the development of low-carbon economy is not only the need of climate change, but also the inherent requirements of sustainable development. In the past, Current environmental protection lays particular emphasis on the primary products of the manufacturing and production sector. But nowadays, people finally realized that the financial services industry is the key to achieving sustainable development. Banks and other financial institutions have the ability to turn resources toward environmental projects or enterprises with good performance. Banks and other financial institutions or enterprises, which give major projects financial support are responsible for assessing, monitoring of the project or enterprise on the environment and society.The only few academic papers hold differing opinions and old ideas. However, the research abroad on the purpose of the banks supporting enterprise development perspective of low-carbon economy law have been in the depth and detail but hardly introduced into China.The environmental reality in domestic and international shows the support for the enterprise of the development of low-carbon economy by banks is urgency. Meanwhile, it also reflects the supportive policies in China will be faced with quite a number of challenges. Accelerating the improvement of relevant laws and policies and establishing legal system for low-carbon economic development is indispensable.This article starts from the banks supporting enterprise development perspective of low-carbon economy, analysis on the necessity of consummate legal system in supporting low-carbon economy. And we will learn from foreign banks'successful experience to rough out some ideas in building low-carbon credit from the legal system, building financial supporting motivation system and supervision system of banks to promote low carbon economy in China.