The Impact Of Green Finance On Economic Ecology In Anhui Province

In recent years,environmental pollution,resource waste,energy consumption and other problems have become increasingly prominent,which is not conducive to the ecological development of economic activities,therefore the economic development mode should be adjusted under the guidance of the concept of green environmental protection.As a new financial service tool,green finance can effectively promote economic development and eliminate the damage to the ecological environment from production activities,which is an important way to achieve sustainable economic development.The Implementation Plan of The Green Finance System in Anhui Province defines the goal of initially forming the green finance system and promoting the green economic development in 2020,which is an important guiding basis for Anhui Province to develop green finance and promote the ecological economy.As a major province in the central region,Anhui province has embarked on the old road of "development first before governance" in its development,and it is in urgent need to find a harmonious road that suits the economy and the environment.Therefore,it is particularly important to promote the ecological economic development of Anhui province through green finance.This paper first sorts out the literature of green finance and economic ecology,then it analyzes the related concepts,basic theories and mechanism of green finance and economic ecology,and then it studies the current situation of the development of green finance and economic ecology in Anhui province.On this basis,with 16prefecture-level cities in Anhui province as the research object,relevant indicators are selected to calculate the development level of green finance and economic ecological development in Anhui province from from 2010 to 2020.The economic ecological as the explanatory variable,green finance as the core explanatory variable,select urbanization,proper green coverage of five variables as control variables,industrial structure optimization and green technology innovation level for intermediary variables empirical analysis,in-depth study of green finance on the influence of economic ecological development in Anhui province.Through the research,This paper draws the following conclusions:(1)The calculation of green finance and ecological economy in Anhui province shows that its overall development level is on the rise in recent years,but because of the geographical location,leading industry advantage and policy support and other reasons,the development level of southern Anhui,central Anhui and northern Anhui is different;(2)After the analysis of the development status of green finance in Anhui Province,it is found that the effect of industrial transformation through green credit adjustment in Anhui Province is not ideal,At the same time,the supply of environmental pollution control funds in Anhui province cannot meet the demand,The number and scale of green companies going public also need to be improved,On the whole,although the development of green finance in Anhui province has made progress,But there is still plenty of room for growth;(3)The influence mechanism of green finance on economic ecology in Anhui Province shows that,Green finance can promote the ecological development of economy through industrial structure optimization and green technology innovation.Green finance uses industrial integration,capital guidance and other functions to promote the optimization and upgrading of industrial structure,drive the adjustment of economic structure,and then promote the development of economic ecology.Green finance can also encourage enterprises to carry out green technology innovation by optimizing resource allocation and promoting information disclosure,etc.It can not only develop new clean technologies,but also promote local economic development,so as to promote the ecological development of the economy;(4)The empirical results of green finance on economic ecology in Anhui Province show that green finance can significantly promote the development of economic ecology,and the mechanism test results indicate that green finance can indirectly promote the development of economic ecology in Anhui Province by optimizing industrial structure and encouraging green technological innovation,the regression results by region show that green finance has the greatest role in promoting economic ecology in northern Anhui,followed by southern Anhui and finally the urban cluster of central Anhui.