The Urgencity of "Green" Financing in the Financial System

This article examines the urgency of developing a “green” financial system in the context of global environmental challenges and the transition to sustainable economic growth. The introduction highlights that global green finance is expected to reach USD 40 trillion by 2030, yet many obstacles—such as inconsistent environmental policies, short-term investor behavior, and the lack of unified green standards—continue to limit effective investment flows. The study employs scientific abstraction, comparative analysis, and synthesis to evaluate the theoretical foundations of green finance and analyze existing statistical data and international experiences. The results show that green financial instruments—including green bonds, loans, insurance, and climate funds—play a crucial role in directing public and private capital toward environmental protection, renewable energy, resource efficiency, and climate adaptation. Global practices from China, the United Kingdom, and EU countries demonstrate that state intervention, transparent reporting systems, and risk-based regulatory policies significantly accelerate the expansion of green finance. The discussion emphasizes the need to strengthen national regulatory frameworks, establish fair carbon pricing, eliminate fossil fuel subsidies, and integrate environmental criteria into investment decisions. In conclusion, the study argues that building an effective green finance system is essential for decarbonizing the national economy, mobilizing long-term investments, and ensuring sustainable economic development.