7. Finance and Green Transformation and Development

In the process of establishing and improving the socialist market economy system, finance is undoubtedly an important means and an important field. Development is inseparable from finance, and green transformation development is also inseparable from finance. What green transition development needs is green finance. Green finance, in short, refers to the finance used to support production and consumption activities such as resource conservation, environmental friendliness and ecological conservation. From the comparison between China and foreign countries, it is not difficult to find that China still has a large gap in green finance. We need to fully learn from the experience of other countries in government guidance, legislation and management, and financial product innovation. In view of the existing problems in China’s green finance, the future development of green finance can be specifically promoted from the following aspects: set up a special green bank; formulate green loan incentive policies; establish green credit system; improve environmental information disclosure; green insurance system; establish information sharing network, etc.