This paper explores the development and challenges of China's green finance sector as the country aims to achieve its "dual carbon" goals of peaking carbon emissions by 2030 and reaching carbon neutrality by 2060. Green finance, which includes instruments like green bonds, loans, and funds, plays a crucial role in financing environmentally sustainable projects, promoting renewable energy, and fostering innovation. The paper examines the structural issues, such as the lack of unified standards and the risk of "fake green" finance, that hinder global alignment and private sector participation. Policy recommendations are provided, including enhancing green finance standards, strengthening financial incentives, and promoting innovative financial instruments like green securitization and green insurance. Ultimately, China's leadership in green finance will be essential for both its domestic environmental objectives and global climate efforts.

Tian Wang, Yuyu Zheng. The Development and Challenges of Green Finance in China: Achieving Carbon Peak and Carbon Neutrality. Academic Journal of Business & Management (2024) Vol. 6, Issue 12: 155-163. https://doi.org/10.25236/AJBM.2024.061222.

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