Green Finance Business Practice And Enlightenment Of Industrial Bank

Since 2013,China's economy has grown rapidly.However,environmental problems led by haze have gradually become a national focus.The fifth plenary session of the 18 th CPC central committee promoted green development as a new concept of development.Taking industrial bank as an example,this paper analyzes its green finance business practice,and then proposes countermeasures and Suggestions for the future development of green finance in commercial Banks.Firstly,this paper introduces the development of industrial bank in the past ten years from the perspective of historical evolution,and summarizes the landmark events of its green finance development.In the traditional green credit business and innovation business mode in detail,including green bonds for the first time distribution,the practice of carbon finance pilot,green financial products innovation and the development of the green financial professional support system.Secondly,this paper analyzes the main achievements and existing problems of the green finance business practice of industrial bank.From the perspective of main achievements,the adoption of the equator principles has made project risk assessment more standardized and project financing more efficient.In the layout of emerging markets,the opportunity of green bond market and carbon finance market was seized,and a green finance professional team was established earlier,and a green finance professional support system was developed.Developing green finance business can bring different competitive advantages to industrial bank.It has realized the goal of green finance collectivization strategy and improved the team management efficiency and product innovation ability.From the point of view of existing problems,the first is the problem of risks and benefits.Secondly,the lack of professional and technical ability raises the management cost of commercial Banks.Secondly,there is the problem of information asymmetry.Society general's social responsibility information disclosure is low in frequency and poor in quality,which makes it difficult to guarantee the timeliness and objectivity of information.Finally,the product innovation consciousness is still insufficient,and the traditional green credit business still occupies a large proportion.Finally,based on the above analysis,this paper puts forward several countermeasures and Suggestions for the future development of green finance in domestic commercial Banks.Establishing perfect incentive mechanism and risk compensation mechanism;We will actively conduct market research in the field of green finance,set up our own professional green finance institutions and strictly implement the equator principles.Cultivate the awareness of innovation and enhance the innovation ability of green products,so as to actively develop green finance.