Research On The Role Of Financial Support For Green Development In Huaihua Area

In recent years,with the deterioration of China’s natural ecological environment,the government has paid more and more attention to green development.Since the 19th CPC National Congress,green development and ecological civilization have appeared many times in the central meetings and resolutions.The report delivered at the 19th National Congress gives a comprehensive account of the strategic arrangements for accelerating the reform of the system for promoting ecological progress,promoting green development and building a beautiful China.From the construction of ecological civilization to the concept of green development,it means that the construction of socialism with Chinese characteristics is stepping into a new era of green development,and financial support is not only an effective means to promote important national economic development,but also an important tool to achieve green development.The forest coverage rate of Huaihua has reached 70.83%,and it is a good ecological area.Therefore,it is of certain significance to analyze the financial support in the green development of Huaihua.This paper first takes the connotation of green development and financial support and related theoretical research as the basic research of the paper,which lays the foundation for the following research.Secondly,the ecological resource base and financial status of Huaihua are analyzed,and it is found that Huaihua has good ecological resources but insufficient green financial support,and the contribution of municipal finance to green development is small.Then,on the basis of literature review,the green development evaluation index system was constructed,and the green development index of Huaihua was calculated by using the entropy weight method TOPSIS model based on the data collected from 2009-2018 Huaihua Statistical Yearbook and Huaihua National Economic and Social Statistics Bulletin as well as the field survey.The results show that the green development index of Huaihua shows a slow upward trend,rising from 43.57 in 2009 to 54.82 in 2018.And then establish a linear regression model to analyze the influence of which is financial support for green development index,in which spending on public affairs,the national key ecological function areas transfer payments and special transfer payments,animal husbandry,fishery and environmental practitioners as the independent variable of investment in fixed assets,the green development index as a dependent variable impact analysis.The results show that the public financial expenditure has a significant positive relationship with the green development index of Huaihua,but the support is insufficient.The fixed assets investment of agriculture,forestry,animal husbandry and fishery has a significant positive relationship with the green development index,but its influence is less than 1%.The transfer payment of national key ecological function zones has a significant positive relationship with the green development index,and the elasticity coefficient is 0.455.Finally,according to the empirical results,the corresponding policy recommendations are put forward:financial guarantee helps green development;We will make reasonable plans for green fiscal expenditures.Apply for adjusting the fiscal and tax ratios between the central and local governments;We will increase investment in green projects through special transfer payments.We will provide special government subsidies for ecological industries.