Research On The Impact Of Green Finance On The Carbon Emission Reduction In The Beijing-tianjin-hebei Region From The Perspective Of Science And Technology Progress

In recent years,the world economy has developed rapidly,the level of science and technology has been continuously improved,and the people’s living standard have also been greatly improved all over the world.But there are also a lot of increasing environmental problems,such as global warming,resource depletion,frequent occurrence of extreme weather and so on.These problems threaten people’s survival.During this process,people gradually realized the seriousness of environmental problems and the necessity of pollution control,and turned their attention to the field of carbon emission reduction.Achieving the goal of carbon emission reduction requires the coordination of funds,technologies and policies,and the most important part is financial support.As China’s economic development has entered the new normal,green finance,as an important part of the economic system,plays an important role in developing a lowcarbon economy and promoting carbon emission reduction.As the region with the largest economic scale and the densest population and urban agglomeration in northern China,The Beijing-Tianjin-Hebei region faces the challenges of resource depletion and environmental degradation.It urgently needs to concentrate on the function of green finance and increase investment of scientific and technological research and development,enhance regional technological innovation ability,promote regional industrial structure transformation and upgrading,so as to promote carbon emission reduction.Based on this,firstly,this paper sorts out the literature of green finance,technological progress and carbon emissions.Summarizing the characteristics and shortcomings of existing research,and expounds related concepts and theories.Secondly,based on existing research,this paper selects technological progress factors as the mediator and moderator,collects relevant data from 2008 to 2020 in the Beijing-Tianjin-Hebei region,and measures the green financial development level and carbon emission intensity in the Beijing-Tianjin-Hebei region.Thirdly,based on the theoretical basis,research hypotheses are put forward,and panel data is used for empirical analysis to test step by step the direct impact of green financial development on carbon emission intensity,and the intermediary and regulatory effects of technological progress in the process of green financial development reducing carbon emission intensity.The empirical test results show that:(1)The development of green finance in the Beijing-Tianjin-Hebei region will reduce the carbon emission intensity of the region.(2)In the impact of green financial development in the Beijing-Tianjin-Hebei region on carbon emission intensity,there is a 53.04%intermediary effect of technological progress.(3)Technological progress in the Beijing-TianjinHebei region has no moderating effect on the relationship between green finance development and carbon emission intensity.Based on the empirical analysis results of this paper,the following policy suggestions are put forward:(1)Help the breakthrough development of green finance.(2)Strengthen the support for technological innovation.(3)Optimize energy consumption structure.(4)Cultivate public awareness of environmental protection.