Research on the Development Strategies of Green Finance in the Hainan Free Trade Port under the Dual Carbon Goals
Download PDF

Keywords

Dual carbon goals
Green finance
Hainan Free Trade Port
Policy system
Financial innovation
Market mechanism

DOI

10.26689/ssr.v6i7.7600

Submitted : 2024-07-03
Accepted : 2024-07-18
Published : 2024-08-02

Abstract

As global climate change issues become increasingly severe, the Chinese government has set forth the strategic goals of “carbon peak” and “carbon neutrality” (dual carbon goals). As part of the national strategy, the development of green finance plays a crucial role in the realization of these goals within the Hainan Free Trade Port. This study systematically analyzes the implications of the dual carbon goals and their implementation paths, the concept and characteristics of green finance, the role of green finance in the construction of the free trade port, and the experiences of green finance development domestically and internationally. Based on this analysis, the study delves into the current state and challenges of green finance development in the Hainan Free Trade Port and proposes strategies for improving the policy system, enhancing innovation in financial products and services, strengthening market mechanisms, promoting multi-party cooperation, and reinforcing risk management and assessment, aiming to provide theoretical support and practical guidance for the sustainable development of green finance in Hainan Free Trade Port.

References

Ge ZX, 2024, Exploring the Path to High-Quality Development of Green Finance in Hainan Free Trade Port from the Perspective of the Dual Carbon Strategy. China Circulation Economy, 2024(06): 149–152.

Wang S, 2024, Promoting the Development of Green Finance in Hainan Free Trade Port with a More Open Attitude. Magazine introduction, 2024(01): 25–27.

Fu TY, 2023, Discussion on the Development Strategy of Green Finance in Hainan Free Trade Port under the Dual Carbon Goals. China Computerized Accounting, 26(18): 178–180.

Sun XW, 2022, Research on the Development Strategies of Green Finance in Hainan Free Trade Port under the Dual Carbon Goals. Finance and Accounting for International Commerce, 2022(17): 81–86.

Zeng XW, 2024, The Development Logic and Path Choices of Financial Gardens in the Free Trade Port. Hainan Finance, 2024(02): 31–40.

Xue J, 2023, Practice of Green Finance in Hainan Free Trade Port. China Forex, 2023(20): 51–52.