International Comparative Study On Commercial Banks’ Green Credit Development

Environmental problem has become the focus issue in our country.As the ecological civilization construction and sustainable development become the national policy,we practice green development among all industries in our country.Green credit,as an important part of commercial Banks’ green finance,in recent years becomes the key point of the commercial Banks development.This paper is inspired by the Paris Climate Conference and seeks to find out the questions of green credit development of commercial banks in China by comparing the development of green credit with Chinese and foreign commercial banks.And then this paper put forward the reasonable path of commercial banks to develop green credit so that future development can match sustainable development policy,in the environment to increase positive externalities while the banks themselves to provide favorable conditions for their own development.This paper first summarizes the domestic and foreign research on green credit.Combining with the relevant theoretical model,this paper describes the status quo of green credit at home and abroad,such as environmental information disclosure,overall architecture construction,policy measures development and implement and so on.Secondly,this paper analyzes the advantages and problems of the green credit of domestic commercial banks through the comparative study of the status quo of green credit development both at home and abroad,and finds that China’s commercial banks have better performance in the overall framework and policy formulation,but in environmental information disclosure and the implementation of green credit policy still need to improve,which is characterized by some phenomenon that environmental information is not comprehensive,environmental information disclosure and restraint mechanism is not perfect,environmental information classification lack uniform standards,only several commercial banks adopt the Equatorial principle.Finally,this paper puts forward some reasonable suggestions on how to optimize the green credit development of commercial banks in China to achieve the effect of promoting sustainable development,including the formulation of policies and regulations that related to green credit,the construction of green credit internal practice mechanism.and the effect of promoting sustainable development.