| Since the 19th National Congress of the Communist Party of China,the country has emphasized fighting a tough battle for pollution prevention and control.The government,the public,and financial institutions are paying more and more attention to the sustainable development of the environment.At present,many small and medium-sized enterprises in the supply chain have caused an "Environment Explosion" due to excessive pursuit of economic benefits and lack of environmental awareness.This exposes itself to huge uncontrollable environmental risks,which largely affects the integrity of the entire industrial chain and even affects the production and operation of core enterprises.Besides,small and medium-sized enterprises generally have financing difficulties,which further restricts their green development and transformation,and is not conducive to the green development of the entire supply chain.On the one hand,green supply chain finance is based on supply chain finance to alleviate the financing problems of small and medium-sized enterprises.On the other hand,it integrates green finance or green supply chain concepts to minimize environmental pollution in the financing process,taking into account economic,social and environmental values.The development of green innovation in the field of supply chain finance provides a reference.In order to consolidate their position in the industry and enhance the competitiveness of the supply chain,core enterprises actively participate in or even conclude green supply chain finance.At the same time,their important role in the field of green supply chain finance is gradually recognized by scholars at home and abroad.But as far as the current situation is concerned,there are few cases of green supply chain finance practice in our country,and there is a lack of specific case studies and targeted green supply chain finance optimization programs.Therefore,it is necessary to carry out case analysis of the green supply chain finance model from the perspective of the core enterprises in the supply chain.Optimizing the green supply chain finance model also provides more references and suggestions for the future development of this field.This paper mainly adopts the literature research method and case analysis method,selects the leading company in the environmental protection industry with "green" attributes—Beijing Capital as the research object.First,it summarized and sorted out the related literature on the concept of green supply chain finance,core enterprise-led green supply chain finance,and the effects of green supply chain finance,and then clarified the relevant concepts and theoretical foundations of core enterprise green supply chain finance;Secondly,introduce the situation of Beijing Capital’s traditional supply chain and the existing supply chain financing plan,and clarify the reverse factoring model of green supply chain finance as the focus of the analysis later.On this basis,from the three aspects of background,model design,and implementation effect,the special plan for green supply chain financial asset support issued by Beijing Capital is analyzed.Explains the participants in the model design,transaction structure,basic asset pool,and credit enhancement,and then evaluates the effect from two aspects of market effect and financial effect.Finally,it explains the problems of the green supply chain finance model from the perspective of core companies,and puts forward targeted optimization suggestions from three aspects: core companies,other participants,and the policy environment.This paper proposes to increase the integration of environmental protection concepts through the evaluation of environmental performance,popularize the concept and mode of green supply chain finance,to achieve the purpose of green financing;at the same time,it emphasizes that other participants learn from professional institutions to improve financing quality and efficiency;In addition,it is also necessary to pay attention to the construction of a policy system in the field of green supply chain finance,and establish a special fund to help optimize the model. |