Research On The Energy Poverty Reduction Effect And Mechanism Of Green Finance Developmen

This paper aims to address the relationship between green financial development and energy poverty through the fixed effect model and spatial Dubin model.The findings show that green financial development can effectively alleviate energy poverty,and the conclusion is still robust in consideration of endogeneity.Moreover,the development of green finance can alleviate energy poverty by expanding energy investment and improving the level of energy infrastructure construction.Furthermore,due to the existence of competition demonstration effect,"free rider" effect and spatial correlation effect among provinces,the energy poverty reduction effect of green financial development shows a significant positive spatial spillover effect,that is,the local energy poverty reduction performance positively impacts the energy poverty reduction performance of spatially related areas.In view of this,the government should deepen the reform of the financial system,further strengthen the top-level design,and optimize the path of energy poverty reduction for the development of green finance.From the perspective of local effects,first,we should deepen the reform of the financial system,encourage the development of green finance,and encourage the development of green financial products such as green credit,green bonds,and carbon finance;second,we should optimize the green financial market.While encouraging the innovation of green credit products,we should also gradually develop green financial products such as green bonds and green funds,and gradually change the pattern of green bonds being "one dominant" in the green financial market;Third,we should strengthen government investment and subsidies in the field of green financial development,encourage institutional innovation in green technology,and increase resources and policies to favor green technology;Fourth,we should strengthen top-level design and optimize the path of energy poverty reduction for green financial development;From the perspective of spatial effect,firstly,the government should attach importance to the spatial and regional linkage of green financial development;Secondly,market regulation and macro-control should work together to give full play to the decisive role of the market mechanism;Finally,pay attention to the regional differences of green finance development level,strengthen the cooperation and exchange between provinces,and improve the overall performance of energy poverty reduction.All regions should work together to explore and improve the cooperation and coordination mechanism for green financial development,encourage cross regional law enforcement and financial regional cooperation and exchange,and guard against the emergence of "bottom competition" while promoting "top competition".