The Development Research About Green Credit Of China's Commercial Bank

In recent years,China has witnessed rapid economic and social development,and its comprehensive national strength and people's living standards have been significantly improved.As people gain development dividends,they also feel more and more serious environmental problems,such as resource constraints,energy waste,and ecological and environmental degradation.As the country gradually attaches importance to environmental protection,the construction of ecological civilization has been widely concerned.The construction of ecological civilization is a systematic project,which cannot only be realized by the implementation of penalty policies by environmental protection departments,but also needs the wide participation of the whole society.In order to promote the sustainable and coordinated development of economy and environment and implement the basic national policy of resource conservation and environmental protection,China's commercial Banks have implemented a new financial policy--"green credit".Since 1995,our country government to guide and support the development of the green credit policy developed,General secretary xi jinping in the party's general secretary 19 big report also explicitly points out that the construction of ecological civilization is the sustainable development of the Chinese nation in one thousand.Commercial Banks actively implement the green concept and develop new green credit products in the process of developing green credit,which plays an important role in building ecological civilization and fulfilling social responsibilities and has achieved good results.Starting rom the connotation of green credit,this paper expounds asset liability theory,social responsibility theory and environmental risk management theory.On this basis,this paper discusses the practice modes of green credit in the United States,Germany and the United Kingdom,and summarizes the practice experience of green credit in the United States,Germany and the United Kingdom.Their practical experience is mainly to build a scientific green credit risk,measurement mechanism,take low-carbon and environmental protection as the starting point,actively carry out green credit innovation,and at the same time play the guiding role of the government,establish and perfect the green credit policy incentive mechanism.Released in China over the green credit policy and the evaluation index,analyzed the commercial Banks in China green credit development main achievements:green increasing the size of the loan,the bank credit structure is further optimized,green credit quality overall good overall level,defective rate is much lower than the loan,green credit environment benefits gradually appear,etc;The main constraints include imperfect laws and regulations,lack of corresponding incentives and subsidies,environmental information asymmetry and lagging measures.In this paper,through a combination of theoretical analysis and case,select the industrial and commercial bank of China as a case analysis of the green credit practice,to industrial and commercial bank of green credit,green credit process management,green credit policy measures implementation effect three aspects has carried on the concrete analysis,and summarizes the existing in the practice process of policy implementation of continuity is not strong,the organization and management mechanism is not sound,lack of green credit professional ability,product innovation needs further mining and green credit information disclosure is not exhaustive,etc.Aiming at the problems existing in the development of green credit in China,this paper puts forward relevant Suggestions from the two aspects of improving the external conditions of ICBC and the internal measures of the development of green credit business.External measures mainly include strengthening the legal system of green credit,promoting the green credit incentive mechanism,building an environmental information sharing platform,creating a sound environment for the development of green credit,setting up a green development fund to mobilize social capital and vigorously promoting enterprise financial innovation.Internal measures should improve the construction of green credit organizations,increase the innovation of green credit products,strengthen international cooperation and exchange mechanism,form the green credit talent reserve mechanism,and increase the disclosure of green credit information and product promotion.