Research Of Incentive And Restrained Mechanism Towards Commercial Banks In The Development Of Green Finance

With the expansion of economic activity, human has made heavier damage to environment. The environment disruption not only increases the risks of banks directly, but threatens the sustainable business and production of banks. "Green Finance" is a new kind of finance theory in the financial development and becomes a trend in international finance. It links finance to environment protection, which plays an important role in the transformation of the economic growth mode. However, in the green finance extension of Chinese banks, there exist low passion and low efficiency. The main reason to this phenomenon is the lack of the Incentive and Restrained Mechanism focused on the green finance development in banks, which leads to the low efficiency of green finance and distance between the interbank.On the basis of the summary on the relative research in green finance home and abroad, this paper explains the Principal-agent relationship in the green finance development of banks for the first time, upon which constructs the Incentive and Restrained Mechanism focused on the green finance development in Chinese banks. Firstly, this paper makes the theoretic research about the incentive compatibility in the green finance development of banks systemically. Secondly, it makes the experience research of the Incentive and Restrained Mechanism constructed by the government abroad and the green financial practices of the interbank. Ultimately, this paper analyzes the problems existing in the green finance development of Chinese banks and the main causes of them. On the foundation of them, this paper construct the Restrained Mechanism focused on the green finance development in Chinese banks---CLCAB system and CLNCB system. In the 18th CPC National Congress, Chairmen Jintao Hu has proposed the strategic mission-----"deepening reformation of financial system in financial system and promoting the financial innovations and safeguarding financial stability" and "constructing and establishing the target system, assessment method, reward and punishment mechanism of ecological civilization. The research of this paper could provide materials and previews of this daunting task.