What are the commonalities and differences of green financial policies of international development financial institutions?

Compared with traditional finance, the most prominent feature of green finance is to emphasize the interests of the living environment of human society. It regards the degree of environmental protection and effective utilization of resources as one of the criteria to measure the effectiveness of its activities, and guides all economic entities to pay attention to the natural ecological balance through their own activities. It emphasizes the coordinated development of financial activities, environmental protection and ecological balance, and finally realizes the sustainable development of economy and society.

Green finance is similar to policy finance in traditional finance, that is, its implementation needs the promotion of government policies. Under the guidance of the current policy and the idea of "economic man", the traditional financial industry either aims at economic benefits or takes it as its own responsibility to complete policy tasks. The latter is policy-driven finance. Environmental resources are public goods. Unless there is a policy, it is impossible for financial institutions to take the initiative to consider whether the production or services of lenders are eco-efficient.

In recent years, the concept of "green finance" has been increasingly sought after by many domestic financial institutions, especially banks, and has become the focus of general concern from all walks of life.