Study On The Development Of Green Finance And Its Impact On Environmental Quality

With the end of the industrial revolution,the global economy has developed rapidly,and the financial system has become more and more improved.At the same time as economic development,the environmental quality is becoming worse,and countries have adopted a green financial policy for macro-control.This article mainly studies my country’s green finance development and its impact on environmental quality.Study the development of green finance systems to organize various green financial instruments in my country to accurately grasp the development level and development of my country’s green finance accurately at the macro level.The impact of environmental quality must not only grasp the degree of improvement of green finance on environmental quality,but also to grasp the way the green finance improves environmental quality from local and internal mechanisms.In this way,we can implement a green financial policy more targeted,improve the green financial system,and further improve environmental quality and form a positive and effective virtuous circle.The innovation points of this article are mainly the expansion of green enterprises.It is also a path for green finance to affect environmental quality.The use of loan balances of financial institutions as tool variables for green finance can be used to relieve endogenous.Establishing space Dubin model reveals the level of green finance not only affects the quality of the local environment,but also affects surrounding areas.This article first introduces the relevant research background and significance,and then sort out related literature,and refers to the research of domestic and foreign scholars from the origin and connotation of green finance,the development of green finance,and the research of scholars on green finance.Then introduce the research content and methods of this article.At the end of the introduction,the innovation and disadvantage of this article.Then,the concepts,characteristics,characteristics and green finance of green finance affect the basic theory of environmental quality,explain a variety of ways to affect the environmental quality of green finance,and put forward related assumptions.Then,the characteristics and status quo of China’s green finance focused on.From a variety of perspectives such as green credit,green investment,and green securities,the development of my country’s green financial market has been comprehensively analyzed.Through the provincial regional data that can be obtained,my country’s green financial development level and environmental quality level are measured by the entropy value method.In Chapter 4 of the article,the impact of green finance on environmental quality was studied using panel data models.Finally,the research conclusions are mainly summarized,and suggestions for the development of green finance in China.Studies have found that in the past 10 years,the scale of China’s green finance has gradually expanded,and the development of the east is higher than the national average.In terms of environmental quality,with the development of green finance,the environmental quality has also improved accordingly,especially in the eastern region,which is more obvious.However,there are large space differences between green finance and environmental quality.The empirical results show that the development of green finance does have a significant positive impact on the improvement of environmental quality.It still maintains the above conclusion after the stable testing of the model and the endogenous processing.The results of mechanism analysis show that green finance can expand the size of green enterprises,promote the progress of green scientific and technological progress,and force the enterprise’s industrial structure to upgrade the path to improve the results of environmental quality.In the empirical research of space measurement,the space Dubin model was finally selected,which confirmed the positive impact effect of the environmental quality between regions,and also confirmed that the impact of green financial development level on environmental quality has a spatial effect.