Design Of Financing Guarantee Platform For Green Enterprises

The large-scale development of emerging green industry is one of the main forces for the construction of ecological civilization.However,China's current emerging green industry have the problems of weak development foundations,small industrial scales,and insufficient independent innovation capabilities,which need financial support.Although China's green finance has begun,the lack of effective connection channels between capital supply and demand has hindered the further development of China's green finance.Therefore,it is urgent to unblock the supply and demand channels of green finance.As a kind of credit intermediary,financing guarantee can reduce the asymmetry of information and share risks.Developing financing guarantee services for green enterprises is equivalent to adding a bridge between the supply and demand of funds,which can help solve above problems and make the funds flow more smoothly into the enterprise for their further development.To this end,this article designs a financing guarantee platform for the basic unit of emerging green industry——green enterprises.The financing guarantee platform constructed in this article is a green enterprise oriented to emerging green industry,a part of industrial finance,and a specialized financing guarantee institution that provides financing guarantee services for green enterprises.The design of the green financing guarantee platform needs to solve the two major problems of platform threshold and operation.In terms of the platform's threshold,since the essence of financing guarantee is to pass on corporate risks,the risk of green companies is also the threshold for entering the platform.First of all,this article starts from the perspective of reducing financial risks,and through the identification of corporate risk sources,it constructs an assessment index system for corporate environmental risks and credit guarantee risks,which makes up for the poor consideration of risk level in current industrial finance research.In addition,this article takes typical emerging green industries—energysaving and environmental protection industries and new energy industries as examples,uses 283 listed companies as samples to find relevant data,and uses analytic hierarchy process and entropy weight method for empirical research,which has enriched the empirical research of current green finance.Finally,the paper determines the method of index composition and sets the threshold for discriminating the risk level of the enterprise,which provides a basis for the platform to avoid risks.In terms of the platform's operation,this article builds a platform framework with green financial characteristics.Establishing a hybrid financing guarantee platform with the government as the initiator,private capital as the main participant,and guarantee plus services as the main business focus.In addition,this article systematically designs the platform's operation and management mechanism from five aspects: platform entry and exit,business handling process,services business,management of funds,and risk aversion.The most significant difference from the traditional financing guarantee platform is that this article takes environmental risk as an important evaluation index for platform entry and exit,and integrates green elements into the platform's operating mechanism,which can more effectively avoid the platform's environmental risks.