Research on fiscal policy support for green finance development in the context of green recovery

Authors

  • Ruiwei Zhu

DOI:

https://doi.org/10.54691/bcpbm.v30i.2527

Keywords:

Fiscal policy, Green finance, Green recovery

Abstract

This article is based on the present outbreak of the epidemic and its basic characteristics. In the process of research comparing the world's promotion of green economic development recovery policy, exploring the government's role in stimulating green finance development and helping our green recovery construction, through combing and summarizing the domestic and foreign relevant literature. The results found that the green finance industry fully conforms to the development goals of "green recovery" proposed in our country, and it has made great contributions in terms of driving the green investment and reducing environmental pollution, and is an important driving force in the implementation of the goal of green recovery. At the same time, due to the inherent nature of green financial products as public goods, the government needs to fulfill its own responsibilities and play a macro-control role in many aspects, and it is necessary to provide support for the development of green finance. Also, fiscal policy also plays an important role in guiding and promoting the development of green finance and creating an incentive mechanism for green finance. Therefore, based on the study of green finance and its supporting fiscal policies, this paper summarizes and analyzes the current policy deficiencies and deficiencies in the development of green finance, and proposes targeted fiscal policy supplements and improvements, so as to provide new ideas for policy improvement and comprehensive and sufficient development of green finance.

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References

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Published

2022-10-24

How to Cite

Zhu, R. (2022). Research on fiscal policy support for green finance development in the context of green recovery. BCP Business & Management, 30, 759-765. https://doi.org/10.54691/bcpbm.v30i.2527