Research On The Development Of The Carbon Finance In Domestic Commercial Banks

With a variety of energy exploitation and utilization, on the one hand, the human society has gradually entered the modern industrial civilization, on the other hand, people constantly realize the environmental problems caused by the use of conventional energy. In recent years, the human irrational use of conventional energy and environmental unhealthy lifestyle, resulting in the air pollution which changes the global climate, including a large number of industrial waste gas, photochemical smog and exhaust, especially the haze, a serious threat to the human’s health in recent years. In the background, to curb greenhouse gas emissions and build a clean environment and financial activities have come into being. At present, the amount of greenhouse gas emissions in China is large, therefore, the corresponding demand for low carbon business is more. Effective low-carbon businesses need financial support, this opportunity gave birth to the development of carbon finance. Carbon finance and our country has a large space for development and profit, and it provides a development platform to our banking industry,the leading force of the financial institution, for the carbon finance business. Internationally, our government further emphasize the control of emissions of greenhouse gases, efforts to meet 2020 carbon intensity by 40%-45% of the commitments in the 2015 climate summit in Paris; in the country, the Communist Party of China in the fifth Plenary Session of the 18 th CPC Central Committee put forward the concept of green development, including the promotion of low-carbon development cycles, accelerate energy technology innovation, improve the environment, promote the formation of green development and lifestyle. How China’s commercial banks comply with the macroeconomic policy: "economic restructuring", grasp the carbon finance opportunities, widening the field of carbon finance business and building a win-win situation between social responsibility and economic has become a problem which is urgent to explore and research.This paper combining theoretical and model methods, it first describes the institutional basis of carbon finance, and the carbon trading market, tools and structure. At the same time, it briefly introduces the necessity for commercial banks to develop the carbon finance; Secondly, the paper uses the revenue model to analyze the feasibility for commercial banks to develop the carbon finance; Thirdly, this paper, from two geographical areas, introduces the current situation of the development of carbon finance, in addition, it takes the Construction Bank as a typical case, and the Construction Bank enhances competitiveness in low carbon financial activities by strengthening the research of Carbon finance market, analyzing and referencing to strategy of the inter-bank to develop the carbon finance, and from three aspects involved in carbon financial market; Then using SWOT analysis to conduct the Commercial Bank of our country in developing the carbon finance business, objective understanding of the development of carbon finance in commercial banks advantages, disadvantages, opportunities and challenges; Finally the paper combining the development of the typical foreign banks’ experience in carbon finance and the specific situation of our country, it puts forward some countermeasures and suggestions to strengthen the development of carbon finance in China’s commercial banks as well as the improvement of external policy environment.