KnE Social Sciences

ISSN: 2518-668X

The latest conference proceedings on humanities, arts and social sciences.

Green Banking Concept Implementation in Banking Credit Governance in Indonesia: Comparison Between Indonesia and China

Published date: Jan 05 2024

Journal Title: KnE Social Sciences

Issue title: 4th International Conference on Law Reform (4th INCLAR)

Pages: 450–459

DOI: 10.18502/kss.v8i21.14761

Authors:

Barran Hamzah NasutionUniversitas Sumatera Utara

Mahmul SiregarUniversitas Sumatera Utara

Rosa AgustinaUniversitas Indonesia

ulkarnain SitompuUniversitas Indonesia

Abstract:

2Universitas IndonesiaEnvironmental issues nowadays are becoming the world’s attention. Banks are now transforming their business activities as well as minimizing them on the environment. This concept is called the green banking concept. However, in Indonesia, there is no adequate regulation yet on the implementation of green banking, especially in banking credit governance. On the other hand, China has a green credit policy which has now become a guideline to ensure that loan applications and investments are considering environmental management and protection. The objective of this policy issuance is to encourage green credit among financial institutions in China.

Keywords: green banking, sustainable finance, credit governance

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