College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Jiangsu, 211106, China.
Environ Sci Pollut Res Int. 2022 Dec;29(59):89168-89183. doi: 10.1007/s11356-022-22041-9. Epub 2022 Jul 18.
Controlling green credit risk is conducive to increasing the confidence of financial institutions, improving the enthusiasm of enterprises for green innovation, and promoting the sustainable development of green credit and the high-quality development of green economy. This paper puts government intervention, green technology innovation, and regulatory action into the same theoretical framework and puts forward the green credit risk transmission mechanisms which involve the transmission relationship and transmission path on the basis of the influencing factors. Then, this research uses stationary time series data (from the "China Statistical Yearbook," the "Statistical Yearbook" of various provinces, the annual reports of listed companies, etc.) to analyze the current situation of green credit risk in different regions. From the systematic perspective, this study verifies the transmission path of green credit risk and tests the rationality and effectiveness of the green credit risk transmission mechanisms. The research shows that the management of green credit risk requires the active actions of government departments, financial institutions, green enterprises, and regulatory departments.
控制绿色信贷风险有利于增强金融机构信心，提高企业绿色创新积极性，促进绿色信贷可持续发展和绿色经济高质量发展。本文将政府干预、绿色技术创新和监管行动纳入同一理论框架，并在影响因素的基础上提出了绿色信贷风险的传递机制，包括传递关系和传递路径。然后，本研究利用平稳时间序列数据（来自《中国统计年鉴》、各省份统计年鉴、上市公司年报等）分析了不同地区绿色信贷风险的现状。从系统的角度出发，本研究验证了绿色信贷风险的传递路径，并检验了绿色信贷风险传递机制的合理性和有效性。研究表明，绿色信贷风险的管理需要政府部门、金融机构、绿色企业和监管部门的积极行动。
