Research on the Path and Countermeasures of Financial Support for Green Transformation in Leading Industries— A Case Study of Volvo

Against the backdrop of global climate change mitigation and China's vigorous promotion of the "Dual Carbon" goals, the green transformation of leading industries has become a crucial pathway for achieving high-quality and sustainable economic development. This study employs a combination of literature review, theoretical analysis, and a case study of Volvo to systematically investigate the current status, challenges, and corresponding countermeasures for financial support in this transition. The findings indicate that leading industries have made certain progress through technological innovation, efficiency gains, and resource recycling, which has significantly enhanced their market competitiveness. However, they still face multiple challenges, including market failures, insufficient corporate motivation for transformation, and defects in green information disclosure mechanisms. The in-depth case study of Volvo further identifies specific problems such as high-cost investments under information asymmetry, long-cycle risks in technology R&D financing, and financing difficulties for SMEs exacerbated by cross-border standard discrepancies. In response, this paper proposes a comprehensive support framework comprising four dimensions: constructing a foundational green finance system, adapting financial instruments in a phased manner, strengthening whole-chain risk management, and establishing a multi-stakeholder collaborative ecosystem. Corresponding optimization strategies are also provided. This research offers both theoretical insights and practical references for financial institutions and policymakers to facilitate the high-quality green transformation of leading industries.