The Impact and Realistic Challenges of Green Credit on Enterprise Green Transformation

Against the backdrop of worsening global climate issues and China’s promotion of the “Dual Carbon” strategy, green credit has emerged as a core policy tool for corporate green transformation, with its operational mechanisms and implementation challenges becoming a focal point of academic research. This study analyzes the impact pathways and practical hurdles of green credit on corporate green transformation by drawing on environmental economics, financial sustainable development theory, and stakeholder theory, finding that green credit alleviates corporate financing pressures and drives focus on green innovation through low-interest loans and other financial support, risk-sharing mechanisms, and differentiated credit policies. However, practical implementation faces information asymmetry, such as inadequate environmental disclosure in central and western regions, causing irrational allocation of credit resources, and regulatory gaps with an incomplete green policy framework and insufficient market supervision vitality. To address these issues, the study proposes refining the green credit policy system with clearer standards and dynamic adjustment mechanisms, strengthening collaborative supervision among governments, financial institutions, and enterprises, and encouraging enterprises to integrate green management into their strategic frameworks and supply chain systems, aiming to optimize green financial resource allocation and accelerate corporate low-carbon transitions while providing both theoretical insights into the link between green credit and green transformation and practical solutions for policy implementation.