Font Size: a A A

Research On The Impact Of Green Finance On Industrial Green Transformation

Posted on:2022-11-04Degree:MasterType:Thesis
Country:ChinaCandidate:Y R N TuFull Text:PDF
GTID:2511306782457534Subject:FINANCE
Abstract/Summary:PDF Full Text Request
At present,green finance has become China's development strategy.First of all,the institutional guarantee of green finance has been upgraded from national policies to specific laws and regulations,the most important manifestation of which is that China issued the first regulations on green finance in March 2021,namely green Finance Regulations of Shenzhen Special Economic Zone,which is also the first law regulating green finance in the world.The second is the strategic goal of green finance,from the single goal of environmental protection to the adjustment of economic structure,change of development mode,cultivate new economic growth points,improve economic growth potential and other multiple goals.In this paper,based on the realization of the double dividend theory and the Coase theorem of using Pareto optimization to realize the allocation of resources,the data related to green finance and industrial green transformation of 30 provinces and cities in China from 2005 to 2019 are collected,processed and analyzed by the regression model of grey correlation degree and measurement.The regression results show that,First,green finance indicators in the eastern and central regions have a restraining effect on industrial green transformation,while the results in the western region show a positive effect.Due to the different influences of regional heterogeneity factors,there are significant differences in the impact of green finance in different regions on industrial green transformation.Second,the level of government intervention has an obvious positive role in promoting industrial transformation,and the strong support of the government has a supportive role in regional industrial transformation.The greater the level of government support,the industrial transformation will have a positive intention and there will be policy and financial support.Secondly puts forward perfect related policies and regulations,establishing green between the financial and industrial products,strengthen government support,encourage enterprise technology innovation and development,and strengthen enterprise transformation and economic development in this paper,such as the combination of advice,in green finance in the process of industry transformation of the government,Banks,three sides of the green credit enterprise data docking,Realizing real-time sharing of green finance data is a key step to accelerate industrial transformation driven by green finance.Finally,on the basis of the policy suggestions,the paper puts forward the future research prospects in the field of green finance development,such as strengthening the multi-direction influence on green finance,formulating appropriate environmental protection regulation measures,and enhancing the impetus of green innovation inside and outside the industry.The research shows that the impact of green finance on the green transformation of enterprises in all regions is supported by funds from the government and banks.Green finance,born under the new concept of green,is an opportunity for the transformation of the industry and an important way for environmental protection enterprises to get financial support.Therefore,it is an important step for the industry to develop towards green development that the government,banks and other relevant institutions give full support in the form of green finance.
Keywords/Search Tags:green finance, industrial transformation, grey correlation degree
PDF Full Text Request
Related items