Research On Credit Risk Management Of Carbon Emission Reduction Loan Of ADBC

Global warming is a common problem facing the whole human race at present.Since the 1980 s,the global temperature has entered a stage of rapid rise.The main cause of global warming is the continuous increase of greenhouse gas emissions,especially carbon dioxide emissions,caused by frequent human activities since the industrial age.How to deal with global warming and reduce greenhouse gas emissions has become a common issue for all countries in the world.As a responsible global power,China formally put forward the strategic goal of achieving carbon peak by 2030 and carbon neutrality by 2060 at the 75 th session of the United Nations General Assembly in September 2020.In order to promote the realization of the "double carbon" goal,our country has formulated and implemented a package of policy measures.In terms of financial support for carbon emission reduction,in November 2021,the People’s Bank of China officially released the carbon emission reduction financial support tool to provide loan support for key projects with significant carbon emission reduction effects.Since the launch of carbon emission reduction support tools is relatively short,domestic research on credit risk management of carbon emission reduction loans is still in its infancy.Both carbon emission reduction loans and green loans belong to the field of green finance.Although there are differences in subdivided support industries,there are certain similarities in the content and methods of overall credit risk management.Therefore,scholars’ research on credit risk management of green loans has certain reference significance for the research on credit risk management of carbon emission reduction loans.This paper comprehensively studies and discusses domestic and foreign literatures on financial support for green and low-carbon development,green credit development and risk management,and carbon emission reduction loan development and risk management.The theory of sustainable development,environmental risk management theory and credit risk management theory are taken as the theoretical basis of this study.The current situation of credit risk management of carbon emission reduction loans of ADBC was analyzed and studied by literature research,quantitative analysis and qualitative analysis.Through the analysis and research,it is concluded that the main problems in the credit risk management of carbon emission reduction loans of ADBC include excessive relaxation of access standards for the borrowing enterprises of carbon emission reduction projects,low level of carbon information management,insufficient risk monitoring and early warning mechanism,mere formality of post-loan management,and insufficient risk awareness and experience of the handling personnel.In order to solve the existing problems in the credit risk management of carbon emission reduction loans of ADBC,this paper evaluates the credit risk of carbon emission reduction loans of ADBC,analyzes the causes of the existing risks and proposes corresponding optimization strategies.Risks are mainly caused by the imperfect green evaluation system of customers,the need to improve the level of carbon emission information management,the lack of post-loan tracking and monitoring management,and the shortage of green finance talents.Aiming at the root causes of the above risks,four optimization strategies are proposed,namely,establishing and improving the customer green evaluation system,improving the carbon emission information management level,strengthening the construction of post-loan tracking and monitoring system,and strengthening the construction of professional talents in the field of green finance.It is hoped that the study of this paper can play a certain reference significance to the process of carbon emission reduction loan credit risk management by interbank financial institutions,jointly improve the level of carbon emission reduction loan credit risk management,and better serve the national strategy of green and low-carbon development.