Analysis and suggestions on restrictive factors of green credit implementation
Qian Cao, Wenxin Tan
Available Online October 2017.
- https://doi.org/10.2991/febm-17.2017.136How to use a DOI?
- environmental protection, green credit, credit risk, policy recommendations
- 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.
- 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 -