A Research On Policies For China's Commercial Banks To Support The Development Of Low-Carbon Economy

With a consensus on climate change formed in the global world,the "Low-carbon" economy which characterized by climate change,renewable energy and the environment has become the theme of global's next round economic growth.In the U.S., the development of Low-carbon economy represented by new energy economy was rose to a national strategy.With the increasing demand for carbon emission reduction and carbon trading market worldwide continues to grow and develop in global. Financial business services in carbon emissions trading and derivatives has come into being.Though Low-carbon economy and the development of carbon finance started late in China and carbon,trading system is not yet fully established,even related products and services are not perfect.However, "Low-carbon economy hot" was spread across the country, and financial business related to low carbon economy has also been developed rapidly.In terms of commercial banks,the development of Low-carbon economy broght opportunities and challenges.On the one hand, as an emerging economy, it increases the credit risk of commercial banks, but on the other hand the development of Low-carbon economy also provide opportunities of innovation and development for the commercial banks.Therefore, as an important channel of accumulation and allocation for social capital, the participation and business innovation of commercial banks will play a strong role in promoting the development of Low-carbon economy inevitably.However, as the broad participation of international commercial banks, the business domestic commercial banks related to low-carbon economy is still in its infancy.Therefore, with the growing homogenization competition in China's commercial banks,study how to make Low-carbon economy to become the new profit growth of commercial bank, and to fulfill the corporate social responsibility of the environment while obtain stable earnings, and promote changes in the pattern of economic growth has a strong practical significance.This paper starts with the content of low-carbon economy and carbon finance,then conduct its meaning and a detailed description of developments in domestic and international.Analyze the necessity and feasibility of China's commercial banks to support the development of Low-carbon economy. At last,combined with problems in support the development of low carbon economy in China's commercial banks, put forward some related proposals to promote the development of business related to Low-carbon economy.