A Study On The Development Of Green Finance In China Under The Context Of Low-carbon Economy

Environmental issues such as climate change effects on human society more profoundly, the development of low-carbon economy has become the mainstream of the international community. In this context, as per industry's first financial sector needs to play an active role, the low-carbon, environmentally friendly industry as to support key projects and the operation of financial business to reflect the "sustainable development" strategy, namely as to develop green Finance. However, green finance and conventional finance the pursuit of economic interests there is a certain contradiction between the objectives, how policies to promote and realize leap-forward development of green finance; how to implement green financial, economic and social effects to achieve a win-win; how to learn from the successful experience of foreign countries basis, and create a new model of green finance, new areas, with strong practical significance.This article sort out green finance from the perspective of theory and practice, the theoretical part of environmental economics, finance and corporate social responsibility point of view the theoretical groundwork for green finance, practical part of the status of financial development on the green at home and abroad are reviewed. On this basis, this paper will focus on the financial development of the green, green through the SWOT analysis of the financial strengths, weaknesses, opportunities, challenges discussed, but also through the two points of view on the macro and micro economic benefits of green empirical finance analysis. Finally, comprehensive SWOT analysis and empirical analysis, based on the financial development of China's green policy recommendations.There are main conclusions been derived:first, based on SWOT strategic choice, at this stage of financial development of the green advantages than disadvantages, the opportunities outweigh the challenges, the strategic choice to take advantage of opportunities should focus on the advantages and disadvantages of the reverse mode of growth into strategies; Second, the financial macro level economic analysis of green that, green finance to promote economic growth, but the leading role is limited, while the financial driving force of economic growth is not strong on the green; Third, from the micro-level of green finance economic analysis showed that the green finance related industries-a low-carbon, environmentally friendly industry profitability and growth is good, but the risk is greater, while the current financial industry and the low-carbon, the environmental protection industry association is weak, Green is still in the initial financial development stage. On this basis, the paper consider that the existence of the three financial development of green is the bottleneck-the system issues, liability and risk issues, the need for government policy guidance and system security, require the active participation of financial institutions and promotion, require non- governmental organizations and public oversight and constraints, from the Government, the financial sector, non-governmental organizations and the public, and many other collaborative manner...