The Impact of Chinese Enterprises' Environmental Investment on the Development of Green Finance

Abstract

Green finance is an important economic means to promote sustainable development. It is also an important way for enterprises to fulfill their social responsibility and design ESG strategies. Green finance is of great significance to China's 14th Five-Year Plan and social and economic development. As governments and social organizations around the world pay more attention to environmental protection, the political design of green finance in China is constantly improving and the number of market players is increasing. At the same time, the research on green finance has gradually shifted from macro-level policy research to micro-level research on green financial products and trading behavior. However, there are still some issues with how green finance is done, and there is a lack of research on the performance of enterprises in green finance and the quantitative evaluation of green finance. Based on the development status of green finance in China, this paper reviews the existing problems and previous studies of green finance and puts forward relevant conclusions on the future development of green finance, such as attaching importance to ESG participation of enterprises and quantitative evaluation and research development.