The Issuance And Enlightenment Of Small And Micro Special Green Financial Bond

At present,the sustainable development of environment and economy is the focus of social concern.In the face of severe environmental problems,the country proposes to establish and improve a green financial system.Green financial bonds have emerged at the historic moment,which has made great contributions to my country's green economic development.However,most of my country's green financial bonds are invested in large projects and projects with hundreds of millions of yuan,and they pay less attention to small and micro industries.And small and micro enterprises,as the main carrier of my country's non-public economy,occupy an important position in the national economy.Similarly,small and micro finance is the development object emphasized by the 19 th CPC National Congress.If green finance and small and micro finance can be integrated and developed,it can not only expand financing channels for solving the problem of "financing difficulties" for small and micro enterprises,but also introduce more social funds for small and micro green industries,which helps to promote the green transformation of the social economy in a more comprehensive way.That is a new economic model widely advocated and explored in the current market."17 Tailong Commercial Bank Green Financial Bond" is the first small and micro green financial bond in China,supporting more than 5,000 green industries with an issuance quota of1.5 billion,with an average of 300 thousand yuan per item.And it combines the characteristics of "small micro" and "green",makes up for the shortcomings of my country's green financial bonds,and opens a precedent for the special green financial bonds of small and micro enterprises in my country.This article takes small and micro green financial bonds issued by Zhejiang Tailong Commercial Bank as an example,introduces the basic overview of Tailong Bank,the basic situation and the issuance of the small and micro green financial bonds of Tailong Bank,and analyzes the situation of its issuance motivation,risk management,capital investment,and generate benefits.and compares with other green financial bonds.Then summarize the current bond.The results show that the small and micro green financial bonds of Tailong Bank havebright spots such as strong risk prevention and control,compliance with fund use,obvious cost advantages and considerable overall benefits.And the successful issuance of this bond has a close relationship with the issuer's background in professional microfinance.Tailong Bank has abundant green products,large reserves of small and micro green industries,and strong supervision of small and micro green credit,which has laid a solid foundation for the successful issuance,use and management of bonds in this period.However,there are also deficiencies such as incomplete information disclosure and incomplete coverage of green industries.Based on the above,we summarized the successful experience for the development of my country's small and micro special green financial bonds,and put forward reasonable suggestions.Experiences include: first,adhering to the green concept and strengthening research on green financial bonds;second,developing its own characteristics and expanding its business in professional fields of small and micro;third,innovating green channels and enriching green financial products.Relevant suggestions include: improving information exchange and disclosure mechanisms,strengthening third-party certification and evaluation efforts,developing small and micro green industries in batches,increasing the importance of small and micro green finance,and improving small and micro finance policies and regulations.