Modern Social Science Research

This paper employs case analysis and normative research methods to systematically examine the core challenges in the regulation of green trust across three dimensions: legislation, enforcement, and supporting mechanisms. The study reveals that the healthy development of green trust is constrained by the absence of high-level unified legislation, ambiguous and outdated regulatory rules in enforcement, as well as distorted information disclosure and the lack of a multi-stakeholder governance mechanism at the supporting level. To address these issues, the paper proposes the establishment of a multi-tiered legal framework comprising "laws—regulations—rules—local regulations," the refinement of operable regulatory guidelines, and the introduction of intelligent regulatory tools such as big data and blockchain. Additionally, it recommends enhancing ESG-oriented information disclosure and mandatory third-party review mechanisms to foster a new "cooperative" regulatory paradigm involving government, market, and society in multi-stakeholder governance. These pathways not only provide systematic solutions for green trust regulation but also offer significant reference value for improving China ' s green financial governance system.

Green trust; Regulatory system; Information disclosure; ESG theory