In recent years, financial institutions concentrate credit funds on low‐carbon economies, circular economies, ecological economies, and other fields, avoid economic development models that heavily rely on and consume resources, and economic development models that heavily use and consume resources. This article focus on the impact of the green credit policy on enterprises, investigate how green credit policy affects environmental-friendly enterprises and pollution‐intensive enterprises. Furthermore, this article will put forward some suggestions for the government and some financial institutions to help improve the green credit policy.