A Study On The Impact Of Fin Tech On The Issue Scale Of Green Bond In China

In recent years,financial technology and green finance have become the focus areas of concern for all parties.As an important tool to assist green finance,financial technology has played a key role in promoting high-quality green finance services for the economy and society.Green bonds are an important component of the green financial system.Issuing green bonds can not only help expand financing channels for issuers of green projects,provide effective financial support for project construction,fully leverage resources,but also play a typical exemplary role in guiding society in environmental development concepts and other aspects.Green bonds are increasingly becoming a powerful financial driving force for promoting sustainable economic development.The green bond market has become an indispensable part of the domestic bond market,and the scale of green bond issuance can fully demonstrate the development of the green bond market.However,at present,there are still problems in China’s green bond market,such as low market coverage and unclear capital flow,which seriously hinder the expansion of the issuance scale of green bonds.However,the natural complementary performance of financial technology and green finance is fully reflected in green bonds,effectively solving the difficulties faced by the issuance scale of green bonds.Therefore,studying the scale of green bond issuance and the impact of financial technology on it has important practical significance.Firstly,this paper summarizes the relevant research contents of financial technology,green bond market,and the impact of financial technology on the green bond market,and expounds the relevant basic theories and concepts of financial technology and green bond;Then analyze the relationship between financial technology and the scale of green bond issuance from the perspective of development status and impact mechanism,with the impact mechanism mainly analyzed from the aspects of positive impact,negative impact,and regulatory effect.Then discuss the possible different impacts of financial technology on the scale of green bond issuance in different regions from the perspective of regional heterogeneity;Secondly,from an empirical perspective,match the scale data of 30 provinces and cities(excluding Tibet,Hong Kong,Macao,and Taiwan)that issued green bonds in China from 2016 to 2021 with the financial technology index,and add a series of control variables to determine the impact of financial technology on the scale of green bond issuance in China through basic regression,robustness testing,regulatory effects,and heterogeneity analysis.The research results show that financial technology has a significant positive impact on the scale of green bond issuance,and can play a significant role in promoting it,and this effect varies among different regions.fintech’s impact on the issuance scale of Green bond in the eastern region is more significant than that in the central and western regions,and its impact on the issuance scale of Green bond in the northern region is more significant than that in the southern region.Finally,the conclusions of the full text of the study are summarized,corresponding countermeasures and suggestions are proposed for some problems that exist in the impact of financial technology on the scale of green bond issuanc,and in response to the constraints of this study,shortcomings and prospects were proposed.