Study on the Development of Green Transformation and Development of Commercial Banks in the “Double Carbon” Background

Abstract

China has pledged to achieve carbon neutrality within 30 years, which is half the time frame of major European countries. The task is urgent, and the challenges are unprecedented. The goals of carbon peak and carbon neutrality will promote a comprehensive upgrade of the national economic industry structure, compelling Chinese enterprises to seek a path of high-quality development. This poses new challenges to the operational and managerial capabilities of commercial banks. This paper reviews the current domestic and international research status, analyzes the opportunities and challenges faced by commercial banks under the context of the “dual carbon” goals, and further explores the transformation strategies for commercial banks under this context.