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China’s Environmental Protection Administration (CEPA), People’s Bank of China (PBC), & China’s Banking Regulatory Commission (CBRC) (2007). Opinions on the implementation of environmental protection policies and regulations to protect credit risks. Bulletin of the China’s Environmental Protection Administration, Beijing.

has been cited by the following article:

• TITLE: On the Evaluation of Performance System Incorporating “Green Credit” Policies in China’s Financial Industry

  AUTHORS: Lan Xu

  KEYWORDS: Green Credit; Sustainable Development; Financial Distance Function; Performance Evaluation

  JOURNAL NAME: Journal of Financial Risk Management, Vol.2 No.2, June 5, 2013

  ABSTRACT: The main work of this paper is aimed, through utilizing the two-stage optimization theory, to estimate the green distance functions and Malmquist green growth indexes for the China’s main commercial banks and relevant financial institutions, and to further set up an overall appraisal index system to assess their performance in implementing the “Green Credit” principles. The paper also analyzes effects of the “Green Credit” policies influential on revenue achievements, as well as performs a decomposition analysis of the above impacts. The carry-outs of the paper may serve as useful references and guiding means in achievingChina’s economic transitional strategies of sustainable development.