Study On Financial Support Of Coal Enterprises In Shaanxi Province To Develop Low Carbon Economy

With the drought, dust storms, fog and haze, and other extreme weather occurring frequently, it is recognized that the extensive mode of economic development formed for over 30 years in our country has not adapted to the current requirements. So this mode must be changed fundamentally. Historical experience showed that developing the low carbon economy is the fundamental route to achieve this transformation. Shaanxi Province is a big province of coal in our country, and the coal industry is the pillar industry of Shanxi Province, has played a decisive impact on the realization of low carbon development in Shanxi Province. In order to realize the low carbon development of Shanxi coal industry, it must improve the modernization level of coal enterprise equipment, increase the technological transformation efforts, extend the coal industry chain, and enhance the comprehensive utilization of coal resources. In this process, a large amount of funds are required to support. Therefore, making full use of green credit and the function of financial institutions financing, solving the bottleneck of capital in the low-carbon path of coal enterprises, promoting the transition to a low carbon economy in Shanxi Province have a significant role in realizing the coordinated development of economy and environment.This paper studies the financial support path selection of coal enterprises to develop low carbon economy in Shanxi Province. Firstly, the related literature at home and abroad was summarized, and the connotation of low carbon economy and carbon finance was fully understood. Then, based on discussion on low carbon path of coal enterprises, the requirement characteristics of coal enterprise were pointed out. Coal enterprises in low carbon technology research and development, purchase of equipment, low carbon economic profit decline has a greater demand for funds. Moreover, the coal enterprises found that the characteristics of longer cycle time and slower effect of low carbon economy need financial institutions to help them achieve the diversification of financing, and diversify risk. Secondly, on the basis of a large amount of data collection, we found that lack of financial support for coal enterprises on Shanxi Province in low carbon road. There are some problem in the government investment, green credit, financial products and the agency of CDM project. Finally, according to the domestic and foreign advanced experience in the field of carbon finance. We put forward suggestions related support from the financial system, financial markets, and financial angels respectively combined with the current situation of the development of coal enterprises in Shaanxi province.In short, the financial support for the coal business is an integral part with the rapid development of carbon finance market. Not only can increase the size of the business financing and accelerate the financial speed, but also financial institutions to broaden the scope of business but also to find a profit growth.