| With the intensification of global warming,the huge impact of carbon peaking and carbon neutral has profoundly changed our economy,society and environment.The "20th CPC National Congress" emphasized the importance of ecological civilization,and green development has become a sustainable direction for future development,which can not only continuously improve people’s quality of life,but also effectively alleviate various conflicts in today’s society.As China strives to transform its traditional development model,the sustainable development of green technology innovation has become crucial,and green finance is a key driving force in this process,providing new vitality to the process.In order to achieve green sustainable development,it is necessary to establish a market-oriented green technology innovation system,improve the quality and level of green financial services,promote the organic combination of green finance and green technology innovation,and realize the synergistic development of both sides.Based on sustainable development,green development concept,Marx’s theory of technological development and technological innovation,this paper uses entropy method,DEA and spatial Durbin model to study the panel data of 11 provinces in western China from2006 to 2020,establish the corresponding index assessment system,explore the impact of green finance on green technological innovation,and finally draw the following conclusions:Both green financial development and green technology development in the western region are less balanced and stable,and there is a significant spatial effect of green finance on green technology innovation,but a high-quality spatial agglomeration has not yet been formed.First,the western region shows an overall fluctuating upward trend in the development of green finance and green technology innovation,with large differences and uneven development between regions.Second,the green technology innovation index of western region has a significant negative spatial correlation since 2011,and the Moran scatter plot is mainly distributed in the second quadrant,with the stage characteristics of high and low value aggregation among provinces.Third,the improvement of green finance level can significantly promote the development of green technology innovation in western region and has a significant spatial spillover effect.Fourth,the financial education investment,foreign investment and technology market development can enhance the green technology innovation capability in western region,the intensity of financial science and technology expenditure has a significant inhibitory effect on the level of green technology innovation in western region,the level of urbanization development and the degree of opening to the outside world have no significant effect on the level of green technology innovation in western region at this stage.Based on the analysis,in order to promote the development of green finance and improve the level of green technology innovation in western China,countermeasure suggestions are proposed to build a unified green finance standard system and green technology innovation system,strengthen the regional collaboration of green finance and green technology innovation in western region,and improve the level of green finance and green technology innovation in western region from multiple dimensions of resources,subjects and markets. |
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