Chinese Commercial Banks To Implement Green Credit Policy Research

In recent years, carbon dioxide emissions caused by the global warming, energy shortages and environmental problems have become the focus of world attention. At present, the factors affecting China's economic development, resource waste and environmental pollution has become a primary factor. We should note that excessive overdraft change the environment and energy at the expense of extensive development model, and vigorously promote energy conservation, the development of low power consumption, low pollution, low-emission, marked by low-carbon economy and achieve sustainable development. Commercial banks are an important financial hub, its important position to promote its economic responsibility should be to fulfill social responsibility and unity. Vigorously promote low-carbon economy is not only the requirements of sustainable economic development, but also commercial banks to adjust their internal management needs. Therefore, in this context, China's commercial banks should control high energy consumption and high pollution industry, sources of funding, through the establishment of the environment in the areas of financial and credit access threshold, thus improving the use of banking funds the development of blind expansion and disorderly situation to construct an effective green credit mechanism, in order to achieve sustainable economic development.In this paper, introduce the concept of green credit, analysis of the current credit system in China green background and status of implementation. Then introduced the implementation of internationally accepted standards for green finance-Equator Principles and the successful experience of its implementation, At the same time the use of event study method on pollution in China green credit policy class enterprises (manufacturing, energy) and environmental protection in the use of enterprise class status, and results analysis shows that the current mechanism to implement green credit problems. For the problems, drawing on the successful experience of developed countries in the development of green credits, based on commercial banks in China green credit policy suggestions this.The face of China's economy from extensive to intensive mode of the requirements of the shift, China's commercial banks should strengthen their own building to meet the new requirements of economic development. And awareness in the field from the green credit publicity and education, environmental responsibility of banks, and gradually perfect the green credit incentive and restraint mechanisms, and create a favorable environment for the implementation of green credit, developed countries can learn from financial innovation to further promote green business in China green credit mechanism for the bank.