The Impact Of Green Finance On Environmental Performance In The Yangtze River Economic Belt Based On Spatial Econometric Model

In order to reduce the negative impact of economic development on the environment and implement the policy of sustainable development,China actively uses financial means to achieve green economic growth through the implementation of green finance.Nowadays,various green financial policies have been issued continuously.As a major national strategy,various regions actively carry out green financial practice.This thesis aims to explore the development degree of green finance and environmental performance,make each province and city in the Yangtze River Economic Belt clear their own development status of green finance and environmental performance,and study the impact of Green Finance on environmental performance,so as to improve the environment of the Yangtze River economic belt Provide advice on environmental performance.Firstly,this thesis introduces the background and significance of the topic,and combs the literature from the micro,meso and macro aspects,pointing out that there are some problems in the research,such as the different measurement of green finance and the incomplete research on the impact of Green Finance on environmental performance.Secondly,it summarizes the connotation,tools,theoretical basis and measurement methods of green finance,and introduces the connotation,composition,influencing factors,measurement methods of environmental performance and the relationship with green finance.Then,it analyzes the influence mechanism of Green Finance on environmental performance from two aspects of direct impact and indirect impact.Then,taking 11 provinces and cities in the Yangtze River economic belt as an example,using the panel data from 2011 to 2017 to measure the green finance and environmental performance by building an indicator system,the results show that the green finance and environmental performance are on the rise from 2011 to 2017,but the differences between the green Finance and environmental performance in different regions of the Yangtze River economic belt are large,and the development is not coordinated,and then the spatial panel Du is established Bin model studies the direct and indirect effects of Green Finance on environmental performance.The results show that green finance has a significant positive direct impact on environmental performance,but no significant indirect impact.In addition,industrial structure and environmental protection investment in the control variables have a positive impact on environmental performance,and the degree of opening up has an indirect negative impact on environmental performance,and environmental performance has a significant positive space Spillover efficiency.Finally,it puts forward four suggestions: Implementing Green financial policy,strengthening environmental information disclosure,enhancing public awareness of environmental protection,and promoting regional cooperation and exchange,and summarizes the full text.It points out that this thesis is not accurate enough to measure green finance.In the future,it is necessary to develop a more representative and accurate provincial green financial indicator system,and further explore the impact of Green Finance on environmental performance To promote the development of green finance and improve environmental performance.