Credit Supports Research On Agricultural Green Development

Over the past 40 years of reform and opening up,China’s agriculture has developed rapidly,but it is facing problems such as low efficiency of agricultural production and utilization of resources,poor quality of agricultural products and serious non-point source pollution.Promoting the green development of agriculture can not only reduce agricultural non-point source pollution and improve the quality of agricultural products,but also improve the rural ecological environment and develop the rural industry,which is the "booster" to realize the strategy of Rural Revitalization.Agricultural green development needs a lot of funds,and its own characteristics make it difficult to obtain endogenous financial support,which needs the support of financial institutions.The path of credit support for agricultural green development is mainly to provide loans to green agricultural enterprises,to provide green production materials,technology and agricultural socialized services for farmers with agricultural enterprises as a bridge,so as to promote farmers to carry out agricultural green production.This paper first describes the background,purpose and significance of the research,research trends at home and abroad,summarizes the relevant concepts and theories,and provides theoretical support for the following research.Next,it analyzes the mechanism,necessity and key points of credit support for agricultural green development,as well as the main problems in the process.Then this paper establishes the evolutionary game model of banks and agricultural enterprises,and explores how the banks and agricultural enterprises reach a balanced state in the competition,in order to effectively promote the smooth development of green agricultural credit business.The results show that the smaller the cost of implementing green credit,the larger the subsidies and additional economic benefits,the smaller the difference between traditional credit and green credit,the smaller the cost of implementing green production,the smaller the difference between green production and traditional production,the larger the subsidies and additional economic benefits,and the greater the government supervision,the more inclined the two sides of the game are to form a game equilibrium between the implementation of green credit by banks and the implementation of green production by agricultural enterprises.After that,the paper makes an empirical analysis on the non-equilibrium panel data of agricultural listed enterprises in 2009-2017,explores the impact of environmental information disclosure on the financing ability of agricultural listed enterprises,and tests the effect of credit support for agricultural green development.The results show that there is a significant positive correlation between the environmental information disclosure index and the financing scale of agricultural enterprises,and a significant negative correlation between the environmental information disclosure index and the financing cost of agricultural enterprises;The implementation of green credit policy has significantly improved the attention of financial institutions to environmental information disclosure during credit audit.At present,the implementation effect of agricultural green credit in China is significant.Finally,combined with the above research,this paper puts forward countermeasures and suggestions from three levels of banks,green agricultural producers and the government.