企业绿色债券融资的动因及绩效影响研究——以三峡集团为例

在全球积极应对气候变化、中国大力推进“碳达峰、碳中和”战略目标的宏观背景下，绿色债券作为一种重要的绿色金融工具，正日益成为企业实现低碳转型与可持续发展的重要融资渠道。本文以三峡集团为案例，深入分析企业在“碳达峰、碳中和”目标下发行绿色债券的动因及其绩效影响。首先介绍三峡集团发行绿色债券的情况，然后分析绿色债券融资动因，通过对这些动因的深入探讨，进一步分析三峡集团绿色债券融资的绩效影响。本研究旨在通过典型案例的深入剖析，为企业绿色债券融资提供有益的理论参考与实践借鉴。
Against the macro background of the global active response to climate change and China’s vigorous promotion of the “carbon peaking and carbon neutrality” strategic goals, green bonds, as an important green financial instrument, are increasingly becoming a key financing channel for enterprises to achieve low-carbon transformation and sustainable development. Taking China Three Gorges Corporation as a case study, this paper conducts an in-depth analysis of the motivations and performance impacts of enterprises issuing green bonds under the “carbon peaking and carbon neutrality” goals. Firstly, it introduces the status of China Three Gorges Corporation’s green bond issuance, then analyzes the motivations for green bond financing, and based on in-depth exploration of these motivations, further examines the performance impacts of the corporation’s green bond financing. This study aims to provide valuable theoretical references and practical insights for enterprises’ green bond financing through in-depth analysis of a typical case.