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Academic Journal of Business & Management, 2023, 5(20); doi: 10.25236/AJBM.2023.052012.

Current Situation, Problems and Suggestions of Green Finance in Shanghai

Author(s)

Raofeng Guo1, Xinglong Luo1, Qizhen Ye2

Corresponding Author:
Raofeng Guo
Affiliation(s)

1Faculty of Professional Finance and Accountancy, Shanghai Business School, Shanghai, China 

2School of Marxism, Shanghai University of Finance & Economics, Shanghai, China

Abstract

In recent years, Shanghai has actively improved the construction of green finance system, continuously strengthened the innovation of green finance, and is contributing to the high-quality Development of the whole economy and society with high-level green finance supply. In this context, the policy environment for the Development of green finance in Shanghai has been continuously optimized, the innovation ability of green finance products in Shanghai has been continuously enhanced, and the market scale of green finance in Shanghai has been continuously expanded. However, in the process, there are still some problems, such as inconsistent green project identification standards, imperfect information disclosure system, unsound green finance laws and regulations, and incentive system. Therefore, it is necessary for all departments to work together to formulate unified green project identification standards, perfect information disclosure system, sound green finance laws and regulations, etc.

Keywords

Green Finance, Sustainable Development, Green Company

Cite This Paper

Raofeng Guo, Xinglong Luo, Qizhen Ye. Current Situation, Problems and Suggestions of Green Finance in Shanghai. Academic Journal of Business & Management (2023) Vol. 5, Issue 20: 86-93. https://doi.org/10.25236/AJBM.2023.052012.

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