Research On The Development Of Green Credit In Chinese Commercial Banks

In the face of pollution,ecological damage,climate change and other environmental problems,sustainable development has been the world’s attention.While changing the mode of economic development,we must change the mode of financial operation.Commercial banks play an important role in financing,so green credit emerges as the times require.The implementation of green credit innovation business,from a long-term perspective,is conducive to improving the comprehensive income and social influence of commercial banks,and effectively promotes sustainable development.This paper first analyzes the background of green credit,and in order to solve the environmental problems,international and domestic take symbolic measures,including the Danish climate conference in Copenhagen and puts forward the concept of green credit in China,and introduces the important significance of carrying out the green credit and green credit related literature review and research.Then,this paper studies the concept of green credit,and then use the method of classification on the analysis to the development and difference of the current situation of domestic and international green credit products,leading the existing green credit business problems in us.In view of the problems listed above,this paper gives an opinion on the development of green credit in China’s commercial banks from the perspective of strategic choice and suggestion.The results of this study show that:green credit as a financial activity is still in the early stage,and we need patience and time to nurture its growth policy environment and endogenous conditions,with broad prospects.However,the current severe environmental situation also makes commercial banks to develop green credit business in a quite urgent circumstance.In 2002,the development of the principle of the equator was undoubtedly accelerating the pace of development of sustainable finance and green credit.Both at home and abroad have achieved certain results in the green finance,but our country is still lagging behind in comparison.This situation is caused by the economic development level,the system,the efficiency of our country and so on.So,to improve the current situation of the development of green credit,it can get started from the method and the way of breaking the above constraints,such as laws and regulations,communication mechanism,innovation and so on,to take a series of measures for improvement.At the same time,we must learn the excellent experience of the development of green finance from foreign banks,to make fewer detours.With the further development of globalization,international financial cooperation has created opportunities and challenges for us.China’s commercial banks should seize the chance to go out,changing from the construction of ideological propaganda to the laws and regulations,and we should improve the management level of innovation and multi-dimensional reform,which should be actively integrated into the green financial system advocated by the equator principles of sustainable development.What we all need to take,is combined with China’s national conditions,to get the road of green credit development out of a characteristic.