International comparison of green credit and its enlightenment to China

Abstract

Green credit is the innovation of financial concept, embodies the sustainable development of economy and society. It is the trend of modern financial development. This paper compares the international and Chinese green credit products, the application mode of green credit products in commercial banks and the international development of green credit policies, so as to draw inspiration for China from these three aspects: first, in the product aspect, green credit products should be diversified development, and the promotion of green credit products should be increased; second, in terms of product application mode, active innovation of green credit products should be strengthened, and green credit professional institutions should be set up within banks; third, in the aspect of credit policy development, it is necessary to establish and perfect the relevant legal system, build the green credit incentive mechanism, connect with the international community and follow the “Equator Principle” which is generally accepted in the world.

Keywords

• green credit
• application mode
• international comparison