Research on Green-credit Policy of Commercial Bank Based on Evolutionary Game Theory and DID Model

Abstract

Abstract. green-credit policy is one of the important channels for the conversation and development of environmental protection, it is also the main direction for Chinese commercial bank to implement reform and development, which arises high attention from all sectors of community. This paper is based on evolutionary game theory to discuss the factors of affecting green-credit policy implemented by commercial bank. It uses DID model to implement demonstration data analysis, learn its effect on performance of commercial bank. Results indicate that increasing green-credit policy revenue, reducing cost, strengthening the punishment cost without implementing green-credit policy can effectively promote the initiative of commercial bank to implement green-credit policy. Although the current effect is not so obvious, green-credit policy of commercial bank will bring plenty of advantages with the policy improvement and time progress, we should continually implement green-credit policy.

An Estimation of the Effect of Green Financial Policies and Constraints on Agriculture Investment: Evidences of Sustainable Development Achievement in Northwest China

“…Agriculture green initiatives typically involve extended life spans and significant capital investment. Several financial companies claim this green business is unprofitable and will limit institutions' financial outlook ( 32 ). As financial firms react to GFPs in order to increase capital stability and acquire diversified competitiveness ( 33 ), they are adhering to “green standard.” Financing firms are more likely to grant money to substantial protection of the environment, as well as green and energy-saving businesses with strong industrial operational standards ( 34 ).…”

“…Agriculture green initiatives typically involve extended life spans and significant capital investment. Several financial companies claim this green business is unprofitable and will limit institutions' financial outlook (32). As financial firms react to GFPs in order to increase capital stability and acquire diversified competitiveness (33), they are adhering to "green standard."…”