Green finance boosts energy transition - Shaanxi Province as an example[1]
Abstract
Green finance is a powerful lever to leverage the low-carbon transformation of energy, and the development of green finance has become an important means to achieve low-carbon transformation in China's energy sector. On the basis of sorting out the inner mechanism of green finance and energy transition, this paper analyzes the current situation and problems of the development of green finance to promote energy transition in Shaanxi Province, and further proposes strategies to improve green finance policies and regulations, establish a sound supporting incentive mechanism and government credit enhancement mechanism, and develop diversified energy transition-type financial derivatives to help Shaanxi Province's energy transition.