Study On Green Finance Development Makes Influence To Industrial Structure In Inner Mongolia

At the beginning of the 20 th century,Belgium's “Maas Valley Incident”,London's “Smoke Incident”,and Japan's “Water Mistake Incident” made countries around the world realize that the economy developed through energy consumption and environmental pollution is unsustainable.Gradually began to pay attention to environmental protection in the process of economic development.In the course of rapid economic development,our country also realizes that the large-scale and rapid development of industrialization has a huge impact on the ecological environment.Therefore,environmental protection was identified as a basic national policy at the second national environmental protection conference held in 1983.However,the development concept of “development before governance” still exists in all parts of China.With the development of the economy,environmental governance has not been effectively improved.As our government is well aware of the importance of environmental protection in economic development,in recent years,it has vigorously promoted the construction of ecological civilization and devoted itself to the green transformation of the economy to optimize the industrial structure.In 2007,the “Opinions on Implementing Environmental Protection Policies and Regulations to Prevent Credit Risks” formally proposed for the first time the development of green credit to support projects for sewage and emission reduction,and the use of credit to control the implementation of enterprises and projects that are inconsistent with industrial policies and environmental laws.In 2015,the “General Plan for the Reform of the Ecological Civilization System” proposed by the State Council of the CPC Central Committee was issued,which clarified the establishment of China's green financial system.In 2016,China introduced green finance into the G20 agenda at the G20 Summit.Today,green finance is a state policy in China.Under the background of supply-side structural reform and China's current economic development,the industry must change from extensive to intensive,simple division of labor to fine division of labor and low-end to high-end.Green finance has become an inevitable means of optimizing the industrial structure in China.“Wind and grass are now cattle and sheep” and “blue sky and white clouds” have been synonymous with the Inner Mongolia Autonomous Region since ancient times,and with the process of reform and opening up,Inner Mongolia,as a major resource province in the northern border of China,has vigorously developed high-emission and high-pollution heavy industry,which focuses on resource consumption.As well as the implementation of the Western Development Policy,the “two high and remaining” industries in the central and eastern regions have shifted to the western regions,and Inner Mongolia's environmental carrying capacity has gradually approached the limit of carrying capacity in the growth of the number of high-emission and high-pollution enterprises.The daily life and physical and mental health of the population are seriously affected.Against the background of the central government's emphasis on sustainable economic and environmental development,the autonomous region has closely followed the instructions of the Party Central Committee and worked hard to build Inner Mongolia into an ecological security barrier in the north of China.The development of green finance has also provided various ways for financing energy-saving and environmentally friendly industries.At the same time,it has restrained the expansion of high-pollution and high-emission industries to a certain extent,and has become an important catch for the rapid transition of the autonomous region's economy to green and the optimization of its industrial structure.In the part of theory,this paper gives priority to the research status,relevant meanings and theories of green finance and industrial structure at home and abroad.Then it analyzes the role of green finance in optimizing the industrial structure under the three mechanisms of capital integration,industrial integration and risk prevention.Then on the basis of combing the evolution process of the industrial structure in Inner Mongolia,by calculating the Theil index and its trend,it is concluded that the industrial structure of the autonomous region is in an unreasonable state and needs to be optimized.On this basis,the paper analyzes the necessity and current situation of green finance development in environmental protection,optimization of industrial structure and reform of financial institutions in the autonomous region,and finally analyzes the current situation of the impact of green finance on the industrial structure of the autonomous region.The paper also expounds the problems in the process of the development of green finance to promote the optimization of industrial structure in the autonomous region.On the empirical side,because the development of green finance in Inner Mongolia is dominated by green credit,the paper constructs a grey correlation model of the proportion of green credit,the proportion of high energy consumption industry interest expenditure and the proportion of three industries.Quantitative analysis shows that the correlation between the proportion of green credit in the autonomous region and the proportion of tertiary industry in GDP is the strongest,followed by the proportion of secondary industry in GDP,while the ratio of high energy consumption industry interest expenditure to secondary industry in GDP The strongest correlation,comprehensive analysis,Increasing the development of green finance in the Inner Mongolia Autonomous Region will increase the proportion of the tertiary industry in GDP,optimize the development model of the secondary industry,and correspondingly increase the proportion of the secondary industry in GDP,thus increasing the proportion of the secondary and tertiary industries,which is in line with the optimization of industrial structure.Therefore,through empirical analysis,it is proved that green finance has an optimized effect on the industrial structure of Inner Mongolia.Finally,on the basis of the empirical conclusion and theoretical analysis,the author puts forward corresponding policy suggestions for optimizing the industrial structure in the development of green finance in Inner Mongolia Autonomous Region.