Study on the Impact of Green Credit on Carbon Emission Reduction in the Manufacturing Industry

Abstract

This study aims to explore the impact of green credit on carbon emission reduction in the manufacturing industry. As China actively promotes its “dual carbon” goals, green credit has become increasingly prominent as an essential policy tool in the manufacturing industry. This article first conducts a literature review on green credit and carbon emission reduction in the manufacturing industry, sorting out existing research’s main findings and perspectives. Subsequently, the current challenges and potential development opportunities are revealed by analyzing the development status, problems and future trends of green credit and carbon emission reduction in the manufacturing industry. We further used the SWOT and PEST analyses to conduct an in-depth analysis of the impact of green credit on carbon emission reduction in the manufacturing industry and identified its internal and external factors. Finally, this article puts forward corresponding countermeasures and suggestions, aiming to promote further the application of green credit in the manufacturing industry and promote carbon emission reduction work to achieve more significant results. This study will deepen our understanding of the mechanism and effect of green credit in carbon emission reduction in the manufacturing industry and provide a valuable reference for formulating and implementing relevant policies in the future.