Research On The Development Of Carbon Finance Business Of Industrial Bank

As a financial means to solve greenhouse gas emissions,carbon finance has a bright future.Carbon finance can lead the global economy from "high carbon" to "low carbon",and realize the sustainable development of human society.Carbon finance originated in western developed countries,so foreign commercial banks have more experience and practice in this area.At present,foreign commercial banks have basically formed a product business system of carbon finance.Carbon financial derivatives,carbon trading,carbon finance green credit and other businesses have been quite mature in foreign commercial banks.At the same time,many foreign carbon financial projects have achieved the expected results.China as the largest developing country in the world and the country with the largest greenhouse gas emissions,has the responsibility to contribute to the global greenhouse gas emission reduction.China’s carbon finance started late,and the time for commercial banks to develop carbon finance business is short,so there are few carbon finance businesses that are suitable for the specific situation of China.It is in this context that China’s carbon finance business has a broad development space.Through the development and reform and innovation of carbon finance business,commercial banks can not only enrich the types of business of China’s commercial banks,but also improve the air quality of China,and most importantly,lead China’s economy on the path of sustainable development.The reason why this paper chooses Industrial bank as the research object is that industrial bank is the first commercial bank in China to engage in the field of carbon finance,and has developed a variety of carbon finance business.Through literature research and theoretical introduction,this paper discusses the essence and connotation of carbon finance in detail,as well as the theoretical basis for commercial banks to carry out carbon finance business.Then,this paper grasps the carbon financial business of Industrial Bank as a whole,and subdivides the carbon financial business of Industrial Bank into green credit business,carbon quota business and carbon financial innovation business,and makes a detailed introduction one by one.At the same time,this paper also analyzes the problems of the carbon finance business of Industrial Bank as a whole.On the basis of the above,this paper analyzes the actual operation of the carbon finance case of Industrial Bank-carbon quota sale and repurchase project,introduces the information of project participants and project operation process in detail,and deeply analyzes the motivation,project implementation effect and various problems of Industrial Bank’s participation in the project.This paper focuses on the analysis of the business model,business experience and existing problems of Industrial Bank,and puts forward corresponding suggestions for the development of carbon finance in China.