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International Journal of Frontiers in Sociology, 2024, 6(3); doi: 10.25236/IJFS.2024.060304.

Research on Environmental Legal Responsibility of Green Credit

Author(s)

Shuyi Sang

Corresponding Author:
Shuyi Sang
Affiliation(s)

School of Humanities and Law, Zhejiang A&F University, Hangzhou, China

Abstract

Green credit policy is an important starting point for the development of green finance in China. In order to promote the further development of green credit, it is urgent to clarify the legal responsibilities of commercial banks in the implementation of green credit policy. By combing the legal oversight of commercial banks in the restrictive factors of China's green credit policy, this paper demonstrates the rationality of commercial banks' legal responsibility for green credit, and analyzes the specific ways to undertake legal responsibility. In the design of rules, from the perspective of environmental administrative responsibility and environmental civil responsibility, we should not only avoid the loss of regulatory function caused by excessive tolerance of the law, but also avoid using excellent legal means to bind the bank's credit supply. By assuming legal responsibilities that are appropriate to their scope of duties, commercial banks are urged to actively promote green credit policies.

Keywords

Commercial banks, Green credit policy, Environmental legal responsibility

Cite This Paper

Shuyi Sang. Research on Environmental Legal Responsibility of Green Credit. International Journal of Frontiers in Sociology (2024), Vol. 6, Issue 3: 21-25. https://doi.org/10.25236/IJFS.2024.060304.

References

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