Chinese Green Finance Development Status And Reform Path Exploration

The sustainable development of human civilization is based on the acquisition and use of natural resources.The harmony between human and nature affects the development velocity of societies and countries.At present,China is facing severe ecological problems such as the shortage of natural resources,the degradation of ecological system and the aggravation off environmental pollution,which slow down the development of Chinese modernization.Since the 18^th national congress of the communist party of China,the construction of ecological civilization has been placed in a prominent position among socialist constructions.We have to use various means to implement the ecological concept in all aspects of the real economy to strengthen our ecological civilization.The report of the 19^th national congress of the communist party of China clearly points out that the development of the“Green Finance”is one of the paths to promote the construction of ecological civilization,and the development of green finance has be elevated to the national strategic height.The development of green finance can not only serve as a bridge between the financial market and the green real economy,provide necessary financial support for the development of the green production for Chinese real economy,but also accord with the current global trend of energy conservation,emission reduction and low-carbon production,and shows the world Chinese determination to protect the ecological environment and its image as a responsible great-nation.However,at present,Chinese green financial market is still in its initial stage,and there are many problems.According to the statistics,China currently has over 2trillion yuan of green capital demand every year.In 2017 alone,the green financial market can only provide 50%of the total capital demand,and the gap of green capital is roaring year by year.The improvement of green financial market,the innovation of green financial products and the broaden of financing channels will become the new engine for developing green production and ecological progress in Chinese real economy.In this thesis,the internal logic based on the theory of public economics,western economics,game theory.All data date from the current status of the development of Chinese green financial market.By means of the comparison analytic method in combination with micro and macro theory and game analysis,the thesis analyzes the problem and reasons of green financial market in China.The thesis also constructs the game model to study the feasibility of constructing green policy Banks,at the same time put forward different opinions to improve the green financial market financial instruments.The conclusion of this thesis is that green finance has a natural public nature and is a quasi-public product,which needs to be provided or partially provided by the government to make up for market failure in the green finance market.Green credit market is the core of China's green financial market and the main provider of green funds.The establishment of green policy Banks can effectively fill the gap of green funds and improve China's green financial market.Other green financial instruments should also be more innovative to meet the ever-diverse and complex needs of green finance.