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Academic Journal of Humanities & Social Sciences, 2024, 7(1); doi: 10.25236/AJHSS.2024.070122.

Research on financial risk identification and response strategies of Jingneng Power under the dual carbon policy

Author(s)

Luo Xiaodan

Corresponding Author:
Luo Xiaodan
Affiliation(s)

Sichuan Minzu College, Kangding, Sichuan, China, 626001

Abstract

Taking Beijing Jingneng Electric Power as a case, this paper discusses the impact of the dual carbon policy on the financial risk of enterprises through case analysis, literature research and inductive summary, and identifies and analyzes the causes of the financial risks existing in Jingneng Power. The study finds that the financial risk of Jingneng Power comes from policy risk, market risk and technology risk, among which the "dual carbon" policy is a significant risk factor faced by the company. This paper further analyzes the specific impact of the "dual carbon" policy on the financial risk of Jingneng Power, which is mainly manifested in the high financing cost and the increase in procurement cost. Finally, this paper proposes a countermeasure to the financial risks of Jingneng Power, including expanding diversified financing channels and reasonably controlling cost management, so that enterprises can pay more attention to and implement political, economic and social responsibilities, and provide solid support for promoting the country's clean and low-carbon development.

Keywords

dual carbon policy; Jingneng Power; Financial risk

Cite This Paper

Luo Xiaodan. Research on financial risk identification and response strategies of Jingneng Power under the dual carbon policy. Academic Journal of Humanities & Social Sciences (2024) Vol. 7, Issue 1: 141-146. https://doi.org/10.25236/AJHSS.2024.070122.

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