Research On The Development Of Green Credit Of Commercial Banks Under The Equator Principles

In recent years,driven by the financial supervision department,China's green credit development has made great progress.Whether it is the legal and policy environment of green credit,market size or infrastructure construction,it is at the forefront of the world.At the same time,the international trend of green development has also emerged.Energy conservation,emission reduction and green development have become major development themes of most countries in the new era.Green credit has become a weapon for countries to change their development models and adjust industrial structures,providing new ideas and new methods for sustainable development.Therefore,this paper studies the development of green credit,focusing on solving outstanding problems in the development of green credit,including related standards lag,high project costs,poor credit infrastructure,and small credit scale.The framework of this paper is organized as follows:(1)Explain the background and current status of green credit research at home and abroad,the theory of green credit and other green credits,and give a detailed overview of the formation and development of green credit.(2)Horizontally compare the development process of domestic and foreign green credits,the differences between the two in terms of policy connotation,credit standards and incentive measures,then refine and summarize the advanced experience of developing green credit abroad.(3)Based on the Equator Principles,this thesis will take the Industrial Bank as an example and use vertical and horizontal comparative analysis methods to extract the successful experiences of developing green credit.(4)Based on China's actual national conditions and the characteristics of green credit development of domestic commercial banks,this thesis proposes feasible policy recommendations from the perspectives of both government and commercial banks.Hopefully it can provide intellectual support for the development of green credit.Combining the comprehensive green credit theory and Industrial Bank case analysis,this study draws the following conclusions:One is to innovate green credit theory.From the perspective of green credit development,the main development direction of China's green credit in the future lies in the formulation of green credit standards and the establishment of a green credit theory system that is suitable for China's national conditions and based on green credit practices.The second is to build a green credit supervision system.In the construction of the management system,it is necessary to coordinate and establish a more flexible multi-sector coordination mechanism.The third is to build a green credit support service system.Introduce professional service organizations such as law firms,accounting firms,professional environmental assessment agencies,and consulting companies into the construction of green credit market,and strengthen the construction of third-party ancillary services market.The fourth is to improve the green credit incentive mechanism.The government should promptly issue targeted fiscal policies,taxation policies,price policies and other measures,and standardize the rediscount and reimbursement policies for commercial banks.The fifth is to develop a green credit talent cultivation plan.Green credit professionals can be cultivated through talent introduction,integration of production,study and research,and professional training,in order to promote the development of green industry.