Green Banking Concept Implementation in Banking Credit Governance in Indonesia: Comparison Between Indonesia and China

Abstract

2Universitas IndonesiaEnvironmental issues nowadays are becoming the world’s attention. Banks are now transforming their business activities as well as minimizing them on the environment. This concept is called the green banking concept. However, in Indonesia, there is no adequate regulation yet on the implementation of green banking, especially in banking credit governance. On the other hand, China has a green credit policy which has now become a guideline to ensure that loan applications and investments are considering environmental management and protection. The objective of this policy issuance is to encourage green credit among financial institutions in China.


Keywords: green banking, sustainable finance, credit governance

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