Green Finance Development,Industrial Structure Ecology And High-Quality Economic Growth

According to the 2022 Emission Gap Report of the United Nations Environment Programme,global greenhouse gas emissions have continued to grow over the past decade,but the growth rate has slowed compared to the previous decade.Between 2010 and 2019,the average annual growth rate was 1.1%,compared to 2.6% between 2000 and 2009.Carbon dioxide and other greenhouse gas emissions in 35 countries,which account for about 10% of global emissions,have peaked,but their emissions reductions have been offset by global emissions growth in other regions.Due to the large economic volume of China,its international position in addressing carbon emission reduction is becoming increasingly important.Under the background of dual carbon,green finance will surely become a new driving force for the economy.This paper provides a new observation perspective,using the panel data of each province from 2003 to 2019,the index data of high-quality economic growth and industrial structure ecology are measured,and the green finance development policies of different provinces in different years are included through multi-period double difference models,and the direct impact and impact degree of green finance policies on high-quality economic growth in provinces since the implementation of green finance policies are empirically analyzed,as well as the indirect effects and effects of green finance development on high-quality economic growth through industrial structure ecology.The results show that: first,green finance leverages funds to gather in green environmental protection industries,which has a direct effect on promoting high-quality economic growth;Second,green finance promotes high-quality economic growth by promoting the ecology of the industrial structure.In addition,through heterogeneity analysis,it is concluded that the positive promotion effect of green finance on high-quality economic growth shows significant regional heterogeneity,and the eastern part is significantly larger than that in the central and western regions.Based on this,first,we should increase the implementation of green finance policies,help green finance-related industries innovate and issue,and accelerate the process of green finance;The second is to strengthen the synergy between green finance policies and industrial structure reform policies.