Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017)

Analysis and suggestions on restrictive factors of green credit implementation

Authors
Qian Cao, Wenxin Tan
Corresponding Author
Qian Cao
Available Online October 2017.
DOI
https://doi.org/10.2991/febm-17.2017.136How to use a DOI?
Keywords
environmental protection, green credit, credit risk, policy recommendations
Abstract
The cost of resources and environment for economic growth in China is too large. From the perspective of property rights, this is because the cost of enterprises using environmental resources is often highly externalized. The "market failure" caused by this externality is the root cause of environmental degradation. This paper analyzes the implementation environment and practical significance of green credit from the perspective of economics, and reviews the relevant research literature, discusses the preliminary implementation of green credit in financing institution and the existing problems and risks of green credit from perspectives of tripartite duty, environmental assessment fairness and timeliness, institutional profit. Then the paper puts forward the policy proposal to further and better implement the green credit, try to use the third party supervision to construct the interest coordination mechanism, and use law, finance and taxation to promote the social responsibility of the main body and establish intellectual support platform and environmental data sharing information. Use these means to provide advisory reference for China to effectively carry out green credit, strengthen environmental protection and management, and implement ecological civilization strategy.
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Proceedings
Second International Conference On Economic and Business Management (FEBM 2017)
Part of series
Advances in Economics, Business and Management Research
Publication Date
October 2017
ISBN
978-94-6252-423-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/febm-17.2017.136How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Qian Cao
AU  - Wenxin Tan
PY  - 2017/10
DA  - 2017/10
TI  - Analysis and suggestions on restrictive factors of green credit implementation
BT  - Second International Conference On Economic and Business Management (FEBM 2017)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-17.2017.136
DO  - https://doi.org/10.2991/febm-17.2017.136
ID  - Cao2017/10
ER  -