Green Accounting in China: Challenges, Opportunities, and the Path Forward

Abstract

Green accounting is a new discipline that has emerged in order to deal with environmental governance, ensure that the economic benefits of enterprises are harmonized with environmental development, and implement the implementation of sustainable development strategies. In today's deteriorating ecological environment, the emergence of green accounting is particularly important. This paper describes the concept of green accounting and the necessity of green accounting for the current global ecology, discusses the possible problems of implementing green accounting according to China's national conditions and the development history of green accounting in countries around the world, and then gives the corresponding practicable solutions to the existing problems. Although the implementation of green accounting has not been widely popularized at this stage due to the imperfections of laws and regulations and the lack of consciousness of companies and individuals, it is expected to be vigorously implemented in the future as the economy develops and people's awareness of environmental protection increases.