The Risk of “Green Washing” in Local Pilot Projects of Transition Finance: Standard Difference, Incentives Distortion and Prevention

DOI

10.2991/978-94-6239-801-6_84How to use a DOI?

Keywords

Transition finance local pilot projects; risk of Greenwashing standard differences; prevention mechanism

Abstract

There are significant differences between China’s local pilot programs for transition finance, such as the assessment cycles, information disclosure, identification of transition activities, and incentive policies. The fragmentation of the transition standard provides an opportunity for the “Greenwashing” behavior. This article systematically compares the differences in standards between pilot programs in areas like Shandong, Chongqing, Huzhou, Zhejiang, and evaluates the effectiveness of the current prevention mechanism. Research shows that the classification method is more effective in suppressing the risk of greenwashing compared with the principal method. The third-party assessment has deficiencies in terms of standard uniformity and post-event tracking. The information platform is currently facing the problem of data silos and uneven quality. The national unified standard should clearly define the quantitative requirements for “Substantive transformation”, design a dynamic KPI and phased incentives-related mechanism, construct a unified information disclosure platform relying on the carbon market infrastructure, and establish a third-party verification access and annual verification system.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Zhanpeng Shi
PY  - 2026
DA  - 2026/10/23
TI  - The Risk of “Green Washing” in Local Pilot Projects of Transition Finance: Standard Difference, Incentives Distortion and Prevention
BT  - Proceedings of the 2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)
PB  - Atlantis Press
SP  - 806
EP  - 815
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-801-6_84
DO  - 10.2991/978-94-6239-801-6_84
ID  - Shi2026
ER  -