Types of green financial products in developing countries
The green financial product can join environmental protection with economic profits, emphasizing “green” and “finance”, two of which are controversial issues. This paper probes into the status quo of green financial products such as derivatives and securities in the field of environmental protection. We devote attention to government policies and corporate social responsibilities in this field. By revealing the internal contradictions between green finance and environmental protection and many environmental problems in developing countries, we propose solutions intrinsically for better achievement of environmental protection. In addition, our findings help us to design a corporate social responsibly (CSR) framework for monetary and financial institutions in the field of environmental protection.