This research shows the current status and the future prospects of green financing in Korea. Green financing is currently on the initial stage in Korea, just like the green growth policy. Thus, banks are contextually ...This research shows the current status and the future prospects of green financing in Korea. Green financing is currently on the initial stage in Korea, just like the green growth policy. Thus, banks are contextually not willing to invest or loan in the green technology or industry for profitability, because the high uncertainty (risk) exists and because Korean people have little concern on green financing, though they have recognized the necessity of green growth. Therefore, the reinforcement of government's role is suggested in this research. The public financial agencies are now very important in popularizing the green financing in Korea, and the most effective policy will be the credit guarantee for green technologies or companies provided by public agencies, as shown in the financing policy for the small and middle enterprises. Regarding public efforts, banks should try to perform green financing for both their own profitability and social benefit together with the step-by-step approach, according to the growth stage of green industry and green financing.展开更多
Within the framework of the United Nations Framework Convention on Climate Change and the Kyoto Protocol, international carbon politics inevitably presents itself as the logic or essence of "ecological imperialism,"...Within the framework of the United Nations Framework Convention on Climate Change and the Kyoto Protocol, international carbon politics inevitably presents itself as the logic or essence of "ecological imperialism," reflecting a few Western countries' expansion and development of their historically formed international hierarchical superiority or exclusive hegemony on the basis of their domestic capitalist economies and politics. This is an intrinsic obstacle to creating a more equitable, democratic and effective global climate or environmental governance system. Criticism of international carbon politics and its "ecological imperialism," based on traditional "green-left" theories from Marxist philosophy and political economy, provides a theoretical basis for seeking an alternative way to cope with global climate change effectively. As a responsible developing country, China's response to climate change is not only an internal requirement for the promotion of its own sustainable development, but also reflects its responsibility to create a community of shared future for mankind. This rationale for our time determines that it is necessary for China to become a world leader in coping with global climate change and environmental governance through a leadership which lies in making a contribution rather than fighting for hegemony.展开更多
文摘This research shows the current status and the future prospects of green financing in Korea. Green financing is currently on the initial stage in Korea, just like the green growth policy. Thus, banks are contextually not willing to invest or loan in the green technology or industry for profitability, because the high uncertainty (risk) exists and because Korean people have little concern on green financing, though they have recognized the necessity of green growth. Therefore, the reinforcement of government's role is suggested in this research. The public financial agencies are now very important in popularizing the green financing in Korea, and the most effective policy will be the credit guarantee for green technologies or companies provided by public agencies, as shown in the financing policy for the small and middle enterprises. Regarding public efforts, banks should try to perform green financing for both their own profitability and social benefit together with the step-by-step approach, according to the growth stage of green industry and green financing.
文摘Within the framework of the United Nations Framework Convention on Climate Change and the Kyoto Protocol, international carbon politics inevitably presents itself as the logic or essence of "ecological imperialism," reflecting a few Western countries' expansion and development of their historically formed international hierarchical superiority or exclusive hegemony on the basis of their domestic capitalist economies and politics. This is an intrinsic obstacle to creating a more equitable, democratic and effective global climate or environmental governance system. Criticism of international carbon politics and its "ecological imperialism," based on traditional "green-left" theories from Marxist philosophy and political economy, provides a theoretical basis for seeking an alternative way to cope with global climate change effectively. As a responsible developing country, China's response to climate change is not only an internal requirement for the promotion of its own sustainable development, but also reflects its responsibility to create a community of shared future for mankind. This rationale for our time determines that it is necessary for China to become a world leader in coping with global climate change and environmental governance through a leadership which lies in making a contribution rather than fighting for hegemony.