Theory and Practice of Bank Participation in Climate Change Governance Mechanism in the Double Carbon Era
Achieving carbon peaking and carbon neutrality is a comprehensive and profound transformation of economic and social systems,which not only facilitates the comprehensive green transformation of China's economy and society,but also promotes China's independent contribution to the governance of global climate change and the construction of a cleaner and more beautiful world.It provides"Chinese solutions"and"Chinese wisdom"for building a community with a shared future for mankind based on the concept of"a human-nature community of life".It is an important sign that China's economic and social development has entered the double carbon era.There are numerous strategies to achieve these carbon goals and respond to climate change effectively,among which enterprises are the main force to achieve the dual carbon goal,serving as the primary agents of transformation.In this context,banks and enterprises function as closely interconnected partners.In the practice of diversified governance of climate change,they play a crucial role by leveraging financial policies to enforce compliance and provide positive incentives.However,Chinese banks are still in the exploratory stage of embracing the dual carbon era and participating in the practices and mechanisms of global climate change governance.This study introduces and expounds the international concepts,experiences,lessons and mechanism models,and then puts forward some suggestions on how to refine China's legal system,with a focus on encouraging the People's Bank of China and particularly commercial banks to engage more actively in climate change governance and relevant mechanisms.