Research On China's Green Bond Development

With the development and progress of industrialization,the global environment and climate are in the process of continuous deterioration.Natural primary disasters continue to erupt,environmental problems become more serious and energy resources are reduced.For harsh environment problem,how to improve energy efficiency,to reduce the pollution hazards,research on clean energy technology,keep the environment and the economic benefit and win-win,development of green industry,implementation and development of green environmental protection projects,has become the various countries and regions all over the world in constant pursuit of goals.Green bonds as a bond for more than ten years since new varieties,and its emergence as the theme of green environmental protection industry has brought new financing channels,and help reduce green enterprise financing costs,will be great help for the vigorous development of relevant industries.Since the advent of green bonds in 2007,the size of green bonds in various regions of the world has increased rapidly,and there is still a trend of shortage of green bonds.Along with the Chinese government put forward a series of the concept of sustainable development,such as "energy saving","environmental protection","green" and "green" and so on,are all green,the growth period of the rapid development of bond market in our country provides a good environment.At present our country is in the crucial stage of reform and opening up,accelerate the development of social transformation,how to solve the problem of environment pollution,help implement the transformation of traditional production industry development is at present the country,local governments and various organizations need to deal with problems.As an effective financing tool,green bonds are of great significance to the transformation and development of domestic green industry and the improvement and adjustment of China's industrial structure.The paper studies the development of green bonds in China.Specifically,because of the late development of green bonds in China,there are some problems in our green bond market,such as relevant supporting policies and legal systems,green bonds not perfect,information disclosure of green bonds incomplete,and low international recognition of green bonds..The main idea of this paper is to further improve and improve the development of green bond market in China,combine the green bond theory,analyze the development experience of foreign green bonds on the basis of analyzing the development of foreign green bonds,and analyze the current situation and development problems of domestic green bonds.After obtaining the targeted solutions,we look forward to the development of domestic green bonds.This paper mainly adopts the methods of comparative analysis,literature research and data reference,and summarizes the methods of developing China's green bond market,and puts forward suggestions and suggestions.With regard to the main problems in the development of green bonds in China,this paper puts forward some specific suggestions: to construct and improve the green bond policy system,to establish the market development system for market mechanism operation,to perfect the most efficient and efficient green bond capital system,to guide the formation and to establish the investor's investment consciousness and to perfect the information disclosure mechanism,Promote the exchange and integration of green bonds at home and abroad.The topic and the angle of the thesis have some new ideas.The conclusions and recommendations obtained in the analysis have practical significance for the development of green bonds in China.