Research On The Causes And Effects Of T Company’s Green Asset-backed Securities Issue Action

Since 1992,when the United Nations Conference on Environment and Development launched Agenda 21,the world has continued to explore the path of green development,with increasing attention to "green development" between national Governments and the general public.,As a new financing tool in the field of green finance,Green asset-backed securities has developed rapidly in recent years.Green asset-backed securities is based on the steady and considerable cash flow in the future of green projects,which can effectively overcome the bottleneck of green project financing..However,China’s green asset support securities market is still in the initial stage of development,how to use green asset support securities to raise funds,so that it can better serve the sustainable development strategy of enterprises,need to carry out extensive research.Based on reference to a large number of policies and regulations,relevant literature and collecting and analyzing data,this paper studies the causes and distribution effects of green asset-backed securities of listed companies in a systematic and in-depth study with T company as the research object.Firstly,a comprehensive analysis of the background and current situation of the development of green asset-backed securities in China was carried out,and it was found that the proportion of green asset-backed securities in the green bond market is small but has increased exponentially since its launch,with great potential for development;Industry trends and the existing market base of green asset-backed securities are the external vivid reasons that prompt T companies to choose this way of financing.Further analysis of the company’s specific situation,we can find that in the face of business transformation,high level of debt and limited traditional financing channels,green asset-backed securities is an innovative financing method adopted by T company after comprehensive consideration.;Helping the company’s strategic transformation at the same time can also in-live the company’s assets,control the growth rate of liabilities,improve the profitability of the company’s assets,based on the above research,conclusions and inspiration.The research results of this paper enrich the research content of green asset-backed securities,and also provide practical experience and reference samples for other companies to carry out green asset-backed securities business,which can help promote green assets to support the prosperity and development of the securities market.