Greenwashing Behavior in China’s Green Bond Market and Countermeasures

Abstract

The increasingly serious environmental problems have pushed various countries to develop green finance and then issue green bonds. However, the subsequent "greenwashing" behavior of enterprises has aroused widespread concern all over the world. This article sorts out the "greenwashing problems" of Chinese enterprises, and at the same time, expounds the effective ways and measures to deal with the "greenwashing behaviors" of enterprises in the world, and then summarizes the effectiveness of Chinese enterprises in dealing with greenwashing behaviors by drawing on the advanced experience of foreign countries. The measures summarized "greenwashing" governance solutions such as information disclosure, government supervision, and green certification, and proposed shortcomings in current researches and Countermeasures.